Howard got over 100 millions signing bonus when he signed with SiriusXM.

Discussion in 'The Howard Stern Show' started by username, Oct 5, 2012.

  1. username

    username Well-Known Member VIP

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    When Howard signed with SiriusXM he received "millions" of SiriusXM shares.
    He then sold them off 5 to 7 dollar a share. (something that is noted in the Sirius lawsuit. Howard claimed he was a "partner" with Sirius. Sirius pointed out that Howard sold every share he got in bonus. Something a "partner" does not do. This is also the main reason for driving the Sirius shares from 7 dollars to 2 dollars. Howard floated the market with millions and millions shares)

    The first contract:
    Recap of Howards SiriusXM earnings:
    Signing bonus 50-150 millions
    Licensing fee up to 100 millions (from Sirius K8 filings)
    General subscriber bonus: over 300 million (from the SiriusXM lawsuit. Thesmokinggun.com have these papers) Shares that Howard dumped (Sirius lawsuit)
    Merger bonus 28 millions (25 to Howard. 3 to Buchwald. Howard even gets Sirius to pay the 15% management fee)
    SiriusXM build studio. Gives a show budget that Howard control. Sirius pay Gary/Fred/Artie/Robin/Benjy performers contract. Free 24/7 limo(contract Sirius lawsuit)

    Missed bonuses: Howard 102 premium channel.
    Howard Stern generated subscribes. Howard generated zero subscribers.

    The evidence "millions" of shares signing bonus:
    [​IMG]
     
  2. SuperFarts

    SuperFarts Well-Known Member

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    In-ter-est-ing. :bigthink
     
  3. FlaFlaFlunkie

    FlaFlaFlunkie Fabulous!

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    How many fucking threads are you going to create about the same god damned topic?
     
  4. Winst

    Winst Well-Known Member VIP

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    When the deal was created and signed etc....it was expected that the "bonus' situation would have been
    worth way way more.

    ...and it really could have been...if people on both sides of the deal had played their cards "correctly".

    One day...someone might look into all of this and write a somewhat interesting book or media project of somer
    sort elated to many of the inside details.
    ...but..at that point..will anyone really care?


    One way and reason why more people might become slightly more interested is if..say for example...a related situation
    of some sort...was "created"..or put into effect that might become quite a "sensation"...I'll even step out
    on a tiny limb to use the dreaded word.."scandal". (..personal..professional..financial...internation al...criminal..etc.)


    ....money money money.....indeed.


    [video=youtube;WCkOmcIl79s]http://www.youtube.com/watch?v=WCkOmcIl79s[/video]