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Forbes: Stern to Net $670M on Sirius
NewsMax ^ | January 27, 2006 | Carl Limbacher

Posted on 01/27/2006 5:04:53 PM PST by Kaslin

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To: Bogey78O
Stern is sinking Sirius. Who didn't see this from a mile away?

Just about everyone, except Sirius. They picked a "big name" hoping he would be their salvation. Kind of like the USFL paying Steve Young $30M and other huge salaries to some players to make a name for themselves. Sirius is the USFL of sattelite radio. I just hope XM doesn't pick him up after Sirius goes under. Then Howie would have to hang it up, go internet only, or slink back to AM/FM radio.

21 posted on 01/27/2006 5:29:28 PM PST by GLDNGUN
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To: Kaslin

That is alot of $$$. I've heard/read that Rush is the most successful radio host in history...I wonder how his contract stacks up against Stern's.


22 posted on 01/27/2006 5:32:49 PM PST by Ranald S. MacKenzie (Its the philosophy, stupid.)
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To: Ranald S. MacKenzie
That is alot of $$$. I've heard/read that Rush is the most successful radio host in history...I wonder how his contract stacks up against Stern's.

If I remember correctly, Rush's deal was approx. $20 mil a year. That was estimated to be salary plus a percentage of the advertising revenues. I believe that was a 7 or 8 year contract, and he signed it 4 or 5 years ago.

I imagine if he keeps his ratings up he can ask for a substantial increase in a few years. Actually I wish he would write a new book, it would be good to see something on paper from him every few years.
23 posted on 01/27/2006 5:42:52 PM PST by birbear (You know what? This is crap. We're going to stop this.)
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To: Kaslin

Yikes. If I owned Sirius stock, I couldn't dump it quick enough.


24 posted on 01/27/2006 5:43:53 PM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all.)
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To: GLDNGUN

It is almost completely impossible for Stern to go to XM. XM went with Opie and Anthony last year and has been quite successful with them. They absolutely hate Stern more than anything else in the world. Stern used to use his sway with Infinity to give them headaches all the time. When they got bounced Infinity refused to release them from their contract in order to keep from going to the competition for 2 years. They were offered release only if they wouldn't mention any Infinity employees (Stern) on any radio broadcast. They refused so they had to sit out.

Stern went with Sirius because he had all his old friends and an obscenely expensive contract. He chose poorly. He should have swallowed his pride and went with the better company.


25 posted on 01/27/2006 5:44:29 PM PST by Bogey78O (<thinking of new tagline>)
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To: Kaslin

Yea, but after taxes he'll have to scrape by on $400 mil.


26 posted on 01/27/2006 5:45:25 PM PST by Larry Lucido
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To: Kaslin

I call BS. For starters, the "increase" is due to Stern's variable compensation (stock) having increased in value. Secondly, the "2.4 million" subscriber number is wildly inaccurate. An annual subscription runs about $140, and the terms of Stern's deal run five years. Do the math, 2.4 million adds corresponds to $1.8 Billion. I think somebody forgot about the deal terms.


27 posted on 01/27/2006 5:52:33 PM PST by HolgerDansk ("Oh Bother", said Pooh, as he worked the bolt.)
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To: cgk
Now - no NFL and no FNC. :(

What do you mean, no NFL? I searched the news streams and found no such announcement. The Fox situation is annoying (CNN Headline News is hardly a replacement) but let's stick to the facts here.

28 posted on 01/27/2006 5:55:26 PM PST by HolgerDansk ("Oh Bother", said Pooh, as he worked the bolt.)
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To: HolgerDansk

No NFL as in - no games right now. (my team is out... and after Super Bowl - no more games until next year.)


29 posted on 01/27/2006 5:56:37 PM PST by cgk (I don't see myself as a conservative. I see myself as a religious, right-wing, wacko extremist.)
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To: Bogey78O
He should have swallowed his pride and went with the better company.

I'm sure Stern is used to swallowing, but it aint his pride. Whatever pride he ever had was lost long ago.

30 posted on 01/27/2006 5:59:45 PM PST by GLDNGUN
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To: Bogey78O
He should have swallowed his pride and went with the better company.

Presumably you mean XM, which has fewer Conservative talk shows than Sirius, and XM also carries Air(head) America. Whoopee.

Now, as to Stern: According to the surveys, he's added 600,000 subscribers to date. Over the five year period of the deal, that's $420 Million. So he's already coming close to having paid for himself. It was a brilliant move by Mel, and XM is once again sucking vapor.

31 posted on 01/27/2006 6:00:19 PM PST by HolgerDansk ("Oh Bother", said Pooh, as he worked the bolt.)
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To: cgk
(my team is out... and after Super Bowl - no more games until next year.)

Hey, same here (Packers) but I don't blame that on my SDARS provider. Give the NHL a try...

32 posted on 01/27/2006 6:02:56 PM PST by HolgerDansk ("Oh Bother", said Pooh, as he worked the bolt.)
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To: All
Howard Stern is so yesterday....

I know a fan of his that got sirius radio and is disappointed with him and the whole sirius radio thing,it's not portable and not convenient to listen to

they just told me they aren't renewing their subscription

couldn't happen to a creepier guy - stern

33 posted on 01/27/2006 6:03:52 PM PST by SunnyUsa (No man really becomes a fool until he stops asking questions.)
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To: Bogey78O

What Sirius is hoping for is that Stern's fans will wait a couple of months before they decide if they miss him. They weren't just expecting everybody to subscribe by the time he made his debut.


34 posted on 01/27/2006 6:05:53 PM PST by Revenge of Sith
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To: Hildy

I got Sirius because I like the classic rock channels and the New York DJ's.


35 posted on 01/27/2006 6:07:11 PM PST by Revenge of Sith
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To: Kaslin

In other media news....I last night promised my beer-drinking, conservative pal with a gift for gab, $1.5 billion to be paid over the next five years if he would host the morning block for a new conservative radio network and bring in revenues during the period of at least $6.5 billion. If we go forward, I think we are both prepared to stand by the deal.


36 posted on 01/27/2006 6:10:30 PM PST by LK44-40
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To: Revenge of Sith

I have Sirius too because when I bought my Jeep Liberty a few months ago it was the only thing I could get factory installed and I didn't want to go aftermarket...so now, I have Sirius and XM. XM is great for baseball...Sirius for football! I liked the folk stations on XM the best, but I'm finding some really good stuff on Sirius. We were in the car today for over six hours in the desert and if it weren't for satellite radio, we'd have nothing (except CD's) to listen too. We listened to comedy, showtunes, classic country, new country, Jazz standards, not to mention two hours of Laura Ingraham!!!! Once you have satellite, you can never go back.


37 posted on 01/27/2006 6:11:12 PM PST by Hildy (The only difference between a rut and a grave is the depth)
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To: Revenge of Sith

I have Sirius too because when I bought my Jeep Liberty a few months ago it was the only thing I could get factory installed and I didn't want to go aftermarket...so now, I have Sirius and XM. XM is great for baseball...Sirius for football! I liked the folk stations on XM the best, but I'm finding some really good stuff on Sirius. We were in the car today for over six hours in the desert and if it weren't for satellite radio, we'd have nothing (except CD's) to listen too. We listened to comedy, showtunes, classic country, new country, Jazz standards, not to mention two hours of Laura Ingraham!!!! Once you have satellite, you can never go back.


38 posted on 01/27/2006 6:11:13 PM PST by Hildy (The only difference between a rut and a grave is the depth)
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To: Kaslin

Where is the Jewish outrage?


39 posted on 01/27/2006 6:14:47 PM PST by fightu4it (conquest by immigration and subversion spells the end of US.)
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To: Revenge of Sith
I can't handle Howard for more than 5 minutes on the radio, but his movie "Private Parts" some years ago was a good effort and a success.

God, he's unbearable in the mornings though.

I'd rather give Imus a sponge bath than listen to Howard. Basically, it's not an option cause I have little kids in the car every morning on the way to school.

My kids can listen to Imus, NPR or BBC.

Howard Stern, I believe, I must protect them from.

They can decide for themselves when they're 35.

40 posted on 01/27/2006 6:19:16 PM PST by billorites (freepo ergo sum)
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