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Report: Howard Stern Says He's Not Close to SiriusXM Deal
RADIO ONLINE | Thursday, October 8, 2020 |
Howard Stern told listeners on Wednesday that he's not close to a new a reported $120 million a year contract with SiriusXM, reports the New York Post. "I have seen no contract, I have heard nothing about this money," Stern said on his SiriusXM show. His comments follow a report from Bloomberg on Tuesday that the satcaster was close to signing the shock jock to a contract renewal. Stern's current contact lapses at the end of 2020.
"I'm ready to take that deal if I can get it," Stern said on air. "It sounded awesome." Stern's previous five-year contracts have paid him between $80 million and $100 million a year. He also noted that he and his agent "were both kind of baffled by it." "I am telling you with my hand over my heart, I don't have anywhere near a deal," said Stern.
Bloomberg reported Tuesday that Stern's team had "preliminary talks" with Spotify, which didn't get very far. And sources close to Spotify confirm to the Post that the streaming company is not in a bidding war for Stern and has no plans to go after him.
"I've been clear," Sirius CEO Jim Meyer said in July, "I want Howard Stern to work at SiriusXM for as long as Howard Stern wants to work." In August he added: "I can tell you that we understand the economics very, very well, for instance, of content like Howard Stern, and I can look every investor in the eye and tell them that is a good investment for Sirius XM."
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