Sirius gives Howard Stern $83 million bonus
Satellite radio star's reward comes on top of his $500 million pay package
Sirius Satellite Radio Inc. paid Howard Stern an $83 million stock bonus Tuesday after the company beat a subscriber target set two years ago when it lured the star shock jock away from terrestrial radio.
The bonus came one year after Stern started broadcasting his hugely popular and racy programming on satellite radio. The stock bonus is on top of Stern’s five-year, $500 million pay package that he signed in October 2004.
Sirius said in a statement that it paid Stern slightly more than 22 million shares of stock after exceeding a year-end subscriber goal for 2006 by more than two million.
2007-02-02 06:37:05
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answer #1
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answered by Anonymous
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He did NOT jump the shark. The show is 10 times better on Sirius, plus I get to hear him all day long. The music also ROCKS. It is well worth the $12.95. HE IS AWESOME and none of his fans are disappointed.
2007-02-02 03:23:31
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answer #2
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answered by raindog312 3
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No and YES!!! He did "sell out" his listeners after decades of saying he'd never do so -- not even selling t-shirts or CDs... and now, he's basically irrelevant (out of sight/sound & out of mind? plus, teens, 20-somethings don't know or care who he is). But, he personally profitted by the 100s of millions. He's become HBO. You can live without it.
2007-02-02 03:24:49
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answer #3
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answered by Anonymous
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gee lets see here he got what amount of money to go to Sirius. even if only 10 ppl followed him over there i think he benefited. you would be amazed at the followers he has that would have gone homeless just to buy the satellite to listen to the jerk.
2007-02-02 03:24:03
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answer #4
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answered by whitebeanner 4
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He just got paid $80 million dollars and is still doing the show.
2007-02-02 03:57:39
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answer #5
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answered by RitzFitz29 5
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He gets a chance to air his views without worrying about others in the government jumping down his back.
2007-02-02 03:33:12
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answer #6
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answered by zebbie g 2
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He is laughing all the way to the bank. He got a huge multi million dollar contract and will never have to work again. He is old and stale, and will fade away, but fade rich.
2007-02-02 03:24:11
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answer #7
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answered by Anonymous
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I sure benefit from not having to hear him on the radio anymore!
2007-02-02 03:34:45
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answer #8
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answered by littlblueyes 4
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Allegedly, they agreed to fork over $100mil. for his contract. Now it's a toss up as to whether he will bankrupt them before getting all of the loot...
2007-02-02 03:24:21
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answer #9
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answered by Anonymous
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the people may not have benefited, but he sure as hell did. he just got some huge gazillion dollar bonus too.
2007-02-02 03:22:42
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answer #10
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answered by Stephen 2
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