Howard Stern Signs 5-Year Extension With Sirius XM
Sirius XM Holdings (NASDAQ: SIRI) has nailed down its top star for another half-decade. The company announced Monday that it has signed Howard Stern to a five-year extension, under which the famous broadcaster will continue to host The Howard Stern Show. The program has been broadcast on SiriusXM satellite radio since the beginning of 2006.
The financial terms of the arrangement were not disclosed.
In addition to being the home of the commentary and interview show, which is broadcast live on weekdays, Sirius XM will also hold a license for Stern's video and audio archive for a period of seven years. The company hinted it will leverage such material in its ever-widening slate of offerings, although it did not cite any specific plans.
Source Fool.com
