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Howard Stern will probably get his very lucrative deal with SiriusMM.
According to Bloomberg, the 66-year-old on-air host is facing negotiations with a satellite radio company because his current contract is due to expire at the end of December, according to Bloomberg.
According to the outlet, Stern’s previous five-year deals ranged from $ 80 million to 100 100 million.
For the extension of his next contract, he is seeking 120 120 million.
Harvard Stern CO. Major Payday with New Agreement: Report
However, on her show on Wednesday, Stern said it was unclear where she was negotiating.
He said, “I haven’t seen a deal, I haven’t heard anything about this money. I’m willing to make that deal if I can get it – it felt great.”
Howard Stern could royal 120 million with Sirius XM (Getty)
The pay-extra show host’s comment in the report commented, “I tell Sirius now, whatever I read, I want. I’ll take it now, I’m a bad negotiator. I’m, ‘OK, I’ll take it, I’m inside,’ Let’s do it. ‘
Howard Stern Sirius XM awaits another five years
According to Bloomberg, negotiations for a pay rise could still be different as Sirius XM CEO, Jim Meyer, is due to retire at the end of the year.
Speaking at the Goldman Sachs Sessions event in September, the mayor said of Stern: “I can tell you that we understand economics very well, material like Howard Stern. I can look every investor in the eye and tell them that Sirius is a good investment for XM. “
| Ticker | Security | The last | Change | Change% |
|---|---|---|---|---|
| Siri | Sirius XM Holdings INC. | 5.82 | +0.26 | + 4.59% |
| LSXMK | Liberty Media Corp. | 35.49 | +1.15 | + 33.3333% |
Sirius XMA, which bought streaming service Pandora and podcast company Stitcher last year, made ન 8 billion in revenue last year, according to SEC filings.
Liberty Media has a majority stake in Sirius XM, run by legendary media mogul, John Malone. In the second quarter of 2020, Sirius XM had approximately 34.29 million subscribers, up from 34.13 million in the same quarter a year earlier.
1 Harvard Stern may now be more valuable to Sirius XM Holdings.
Radio personality Howard Stern continues to bring steady revenue to Sirius XM. (Reuters / Brendan McDermide)
The satellite radio CEO also raised concerns about Stern during a Bank of America event last month.
“I am very optimistic about that conversation. We continue to make progress, ”he said as per the deadline.
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The mayor added: “We have been Howard for 15 years and I am sure that every penny we paid to Howard benefited our shareholders. And I’m really clear, Howard Stern wants to work until I work on Howard Stern SiriusXM. “
A SiriusXM representative had no comment when Fox arrived by business. The representative for Stern did not immediately respond to a request for comment by Fox.
