Howard Stern is $83 Million Richer

The Ultimate Stock Option

Karen Barnes
Thanks to Sirius, Howard Stern receives an $83 million dollar stock bonus. The Stern bonus came to be because of the Sirius beat a subscriber target that they set two years after luring Howard Stern away from a terrestrial radio show.

By Howard Stern signing his contract with Sirius radio, Stern's talk show now is out of the FTC's fine range that landed him several high fines in 2005 due to his "indecency" issues with the FTC from his terrestrial radio show.

What makes the Howard Stern show so popular with his listeners and followers, is his over the top, nothing's sacred attitude toward anyone who is a guest on his show. Then you have the anti-Stern groups who wish that his demise would come ever so swiftly. After all, being able to be one of the "greatest" people that can put the shock back into the shock factor, Howard Stern will be a legend in many ways whether you like him or not.

The bonus found its way to Stern only a short year after he signed a contract with Sirius Satellite Radio to do his racy style shows with them. Grant you, and this stock bonus is on top of his five-year $500 million dollar pay package.

With the 22 million shares of stock that Howard Stern received for helping beat the subscriber base at Sirius, it is said that he will gain even more shares from Sirius when they beat their estimated subscriber targets.

I suspect that with Stern's outrageous antics, he will again meet and beat the targeted subscriber base once again landing him even more stock shares with Sirius without a problem. Stern's ability to create a show that no other can match will keep his show alive and well for many more years to come.

While Sirius and its competition XM Satellite Holdings have seen drops in their company's stocks over the years due to relying on such talents as Howard Stern, sports, and other types of stars to acquire subscribers, they did see profits in their fourth quarter of operations.

The shares for both companies reported that their stocks fell 45 percent last year through several concerns which included the sales of softer sales from their radio units. While investors have looked at the option of the two companies merging, there is nothing definite about the merge due to the legal regulatory issues that are set in front of them.

Published by Karen Barnes

Karen likes to write about different topics that intrigues her. She likes to share what she knows about the different areas she has worked and been creative in. She has worked in the grocery and fast food...   View profile

1 Comments

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  • greg 12/9/2010

    i can not stand this man,but god bless
    him for keeping X amout of people employed in this economy.

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