Howard Stern Suing Sirius
Even though Howard Stern re-upped his contract with Sirius for five more years in December (after a summer and fall of uncertainty), the self-proclaimed King of All Media is now suing the satellite network for failing to pay him stock awards as promised.
According to a suit filed in New York and unearthed by TMZ, Stern was promised a share “in any success the company achieved.” He says that he helped Sirius kick XM right in the knobs by earning over 20 million subscribers but that they haven’t rewarded him commensurately.
The suit, which claims unspecified damages (are we looking at a contract out, here?), declares confidently: “Sirius needed Stern more than Stern needed Sirius.”
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