Hollywood Reporter: Sirius XM CFO on Howard Stern's Future

Discussion in 'The Howard Stern Show' started by Nemo, Jun 3, 2014.

  1. Nemo

    Nemo Beer Can Thick Gold

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    Sirius XM CFO on Howard Stern's Future, Why Company Won't Launch Abroad

    http://www.hollywoodreporter.com/news/sirius-xm-cfo-howard-sterns-708860

    [​IMG]
    2:44 AM PDT 6/3/2014 by Georg Szalai


    LONDON – Satellite radio firm Sirius XM Radio, which is controlled by John Malone's Liberty Media, would like to keep Howard Stern on the air when his current contract with the company ends, CFO David Frear reiterated here on Tuesday.

    Speaking at the Bank of America Merrill Lynch Global Telecom and Media Conference in a session that was webcast, he reminded investors that Stern's contract was coming up at the end of 2015. Last time around, "he signed the contract and said he couldn't believe he did it again because of how early he has to get up," Frear quipped.

    He added: "I do think he loves what he is doing…I think he loves the creative freedom that he gets on the Sirius platform. I think he loves the reach that he gets." Concluded Frear: "As long as Howard wants to work, we'd love to have him on the air."

    The CFO also said Sirius XM has no plans to launch in international markets. "In Europe, it would be seven years before the first positive cash flow dollars," he said. "There seem to be better ways to spend time."

    With markets, cultures and demographics very different, key questions would be whether to offer 30 or 50 channels in each city. In the U.S., the company has 150 channels for people who share a culture, he argued. "It's a less compelling product offer when you move outside the United States," Frear concluded.

    He lauded Pandora, Spotify and other streaming music companies for growing their subscribers. But he said there are "pretty challenging economics for streamers" because "free sells best."

    Asked if Sirius was planning a push into video services, the CFO said "it is hard to experience video in the car," so video is not in focus. But with self-drive cars likely to become a market opportunity down the line, he said there is no technical reason that Sirius couldn't offer video.

    Discussing Sirius' programming lineup, Frear said "there isn't any piece we are missing" and "there isn't anything we wanted to keep that we haven't kept." He added that the NHL is the only big sports contract that was reached before the Sirius-XM merger that created the company, which has been striking new deals since. The NHL contract comes up in about a year, the CFO said.

    Asked about the most important content for Sirius, Frear said "it's hard to ignore the singularity of Howard Stern," calling the radio host a "phenomenal" talent. But he also cited the NFL, MLB, NBA, as well as Fox News, CNN, CNBC, BBC and "other great brands" as allowing Sirius to offer "a unique slate of programming."
     
  2. Nemo

    Nemo Beer Can Thick Gold

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  3. Nemo

    Nemo Beer Can Thick Gold

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  4. Joe Bauers

    Joe Bauers Well-Known Member

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    What ? Am I the Crazy One ? :dontknow:
     
  5. greyt

    greyt Well-Known Member

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    someone needs to remind Howard that he doesn't have to do the show at 6 AM if it's so hard doing it that early.

    and if he tries to say that listeners expect him to be on at 6 and that's important to radio you can remind him that listeners also expect a 5 day a week show.
     
  6. EmperorsNewCaps

    EmperorsNewCaps Member

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    He's going to die on-air. Winning?
     
  7. Imus O Sternsky

    Imus O Sternsky VIP Extreme Gold

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    "As long as Howard wants to work, we'd love to have him on the air."

    Don't they listen to what they pay for :shit: or do they think the name is enough ?
     
  8. EmperorsNewCaps

    EmperorsNewCaps Member

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    He doesn't have to do it from NY or the studio either. He just loves bitching.
     
  9. Wesmantooth

    Wesmantooth VIP Extreme Gold

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    i bet shareholders in SIRI have some different thoughts about the ROI on wiggy. Just run the numbers look at the polling. it s waste of money. again true story
     
  10. crazypreacher

    crazypreacher Hey yo

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    Creative freedom to bore the living crap out of the hardy souls who haven't bailed.
     
  11. 1Vegasgirl

    1Vegasgirl Well-Known Member VIP Gold

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    These are the same people who paid oprah $50 million to not show up. Maybe Howard is waiting for that deal.
     
  12. broccoli rob

    broccoli rob thanks for the memories DW3

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    He is going to sign ANOTHER contract? :facepalm: He is turning into Imus. Just retire and give us all the content on itunes already! He has to know there is still (somewhat of) a market for it since he took legal action against wdm..

    i'll take 20 years of old shows. sayyy 1988-2008 over 2015 shows any day of the week.
     
    Last edited: Jun 3, 2014
  13. EmperorsNewCaps

    EmperorsNewCaps Member

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    I do truly wonder exactly how many dingbats still listen.

    Denial is a HELLUVA DRUG.
     
  14. guruhugz

    guruhugz Well-Known Member

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    Stern only brings in several thousand listeners to his live show. Sirius needs to dump him.
     
  15. Anyonenow

    Anyonenow Well-Known Member

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    [TABLE]
    [TR]
    [TD="align: center"][TABLE="class: yfnc_mod_table_title1"]
    [TR]
    [TH="align: left"]Net Share Purchase Activity[/TH]
    [/TR]
    [/TABLE]
    [TABLE="class: yfnc_tableout1"]
    [TR]
    [TD][TABLE]
    [TR]
    [TD="class: yfnc_tablehead1, colspan: 4"]Insider Purchases - Last 6 Months[/TD]
    [/TR]
    [TR]
    [TH="class: yfnc_tableheadcur3"] [/TH]
    [TH="class: yfnc_tableheadcur3, align: right"]Shares[/TH]
    [TH="class: yfnc_tableheadcur3, align: right"]Trans[/TH]
    [/TR]
    [TR]
    [TD="class: yfnc_datamodlabel1"]Purchases[/TD]
    [TD="class: yfnc_tabledata1, width: 20%, align: right"]50,000,000[/TD]
    [TD="class: yfnc_tabledata1, width: 20%, align: right"]1[/TD]
    [/TR]
    [TR]
    [TD="class: yfnc_datamodlabel1"]Sales[/TD]
    [TD="class: yfnc_tabledata1, align: right"]5,554,770[/TD]
    [TD="class: yfnc_tabledata1, width: 20%, align: right"]6[/TD]
    [/TR]
    [TR]
    [TD="class: yfnc_datamodlabel1"]Net Shares Purchased
    (Sold)[/TD]
    [TD="class: yfnc_tabledata1, align: right"]44,445,230[/TD]
    [TD="class: yfnc_tabledata1, width: 20%, align: right"]7[/TD]
    [/TR]
    [TR]
    [TD="class: yfnc_datamodlabel1"]Total Insider Shares Held[/TD]
    [TD="class: yfnc_tabledata1, width: 20%, align: right"]3.2B[/TD]
    [TD="class: yfnc_tabledata1, width: 20%, align: right"]N/A[/TD]
    [/TR]
    [TR]
    [TD="class: yfnc_datamodlabel1"]% Net Shares Purchased
    (Sold)[/TD]
    [TD="class: yfnc_tabledata1, align: right"]1.4%[/TD]
    [TD="class: yfnc_tabledata1, width: 20%, align: right"]N/A[/TD]
    [/TR]
    [/TABLE]
    [/TD]
    [/TR]
    [/TABLE]
    [TABLE="class: yfnc_tableout1"]
    [TR]
    [TD][TABLE]
    [TR]
    [TD="class: yfnc_tablehead1, colspan: 4"]Net Institutional Purchases - Prior Qtr to Latest Qtr[/TD]
    [/TR]
    [TR]
    [TH="class: yfnc_tableheadcur3"] [/TH]
    [TH="class: yfnc_tableheadcur3, align: right"]Shares[/TH]
    [/TR]
    [TR]
    [TD="class: yfnc_datamodlabel1"]Net Shares Purchased
    (Sold)
    [/TD]
    [TD="class: yfnc_tabledata1, width: 20%, align: right"](381,272,000)
    [/TD]
    [/TR]
    [TR]
    [TD="class: yfnc_datamodlabel1"]% Change in Institutional Shares Held[/TD]
    [TD="class: yfnc_tabledata1, width: 20%, align: right"](28.23%)[/TD]
    [/TR]
    [/TABLE]
    [/TD]
    [/TR]
    [/TABLE]
    [TABLE]
    [TR]
    [TD]Data provided by Thomson Financial[/TD]
    [/TR]
    [/TABLE]

    [/TD]
    [TD="width: 15"][/TD]
    [TD="width: 38%, align: center"][/TD]
    [/TR]
    [/TABLE]
     
  16. FSFN

    FSFN Well-Known Member

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    Mr. Frear needs contact the people at In Demand.
     
  17. Rob0729

    Rob0729 Well-Known Member

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    Whether they are happy with Howard or not, they gotta play the game. They are not going to say re-signing Howard was a mistake and there is no way they are going to re-sign him in 2015. It would make Howard do even less work and the Stockton fall.
     
  18. jgard

    jgard Well-Known Member

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    Yeah exactly, he used to claim that he had to because that was how you did radio and how you utilized the atmosphere. Well with HTV gone and how the show has "evolved" into just celeb ass kissing and little to no on-air staff fights/interaction he minus well just move to Florida and broadcast there. I mean seriously wth is the point in being in NYC these days? The dude is so not in-touch with the NY scene or "vibe" or w/e besides the celebrity dinner dates Beth drags him to in order for her to become ingratiated, I mean he is literally transported to and from everywhere in a high-end limo so he doesn't experience any type of social interactions w/ everyday people on any level. I'm not sure if there is any other broadcaster whom is that much out of touch w/ his intended audience than Howard honestly
     
  19. MrPACS

    MrPACS Well-Known Member

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    Proof?

     
  20. Anyonenow

    Anyonenow Well-Known Member

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    Is this enough?

    [video=youtube;n2Jy90PDiSA]https://www.youtube.com/watch?v=n2Jy90PDiSA[/video]

    [video=youtube;jH3ADjHDucA]https://www.youtube.com/watch?v=jH3ADjHDucA[/video]
     
    Last edited: Jun 3, 2014