Howard Stern denied $300 million after Sirius XM merger. $300 MILLION!

Discussion in 'The Howard Stern Show' started by bigbump, Apr 12, 2013.

  1. bigbump

    bigbump Member

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  2. Dick Gozinya

    Dick Gozinya Active Member

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    Kills me that everyone keeps using this pic. :jj:
     
  3. Dick Gozinya

    Dick Gozinya Active Member

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    No fuckin' pic. :(
     
  4. Herc

    Herc New Member

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    This story will never get played out . . . :D
     
  5. cah155

    cah155 Well-Known Member

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    Hahaha I love it
     
  6. shitcunt

    shitcunt Well-Known Member

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    He spent YEARS boring the fans with the merger talk, all so he could pocket that 300 mil.
     
  7. DogStar69

    DogStar69 Well-Known Member

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    I'm so glad, it only makes him more miserable about money he doesn't need and will never spend.
     
  8. Herc

    Herc New Member

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    He's a calculating cocksucker isn't he . . . :coffee:
     
  9. MrWarmth

    MrWarmth ADORABLE DEPLORABLE Gold

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    XM Chairman: "We could use a man like you. However, you are aware......"
     
  10. HorseVsPelican

    HorseVsPelican Well-Known Member

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    Didn't he get a huge bonus after they merged?
     
  11. Herc

    Herc New Member

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    You know he's dying inside because of this. He probably's sobbing like a little child that didn't get any Ice Cream before bed . . . :coffee:
     
    Last edited: Apr 12, 2013
  12. Herc

    Herc New Member

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    Your back? You cursed us all in your last post and vowed never to return. What gives . . . :cmon:
     
  13. Mr Vengeance

    Mr Vengeance Ladies love cool V. VIP

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    " Uh, tata, Tuttle...."
     
  14. Ruffypup

    Ruffypup Well-Known Member

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    fuck it! We'll do it live
     
  15. hoodwink

    hoodwink Well-Known Member

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    they need to use this one... haha

    [​IMG]
     
  16. isabella

    isabella VIP Extreme Gold

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    actually i think he looks horrendous in the picture they used.
     
  17. Anfkid

    Anfkid Blue Banner Mafia Staff Member

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    YES! this pic must be on everything
     
  18. hoodwink

    hoodwink Well-Known Member

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    here ya go ny daily news.... cropped up for ya ;)



    [​IMG]
     
  19. username

    username Well-Known Member VIP

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    Howard got almost a billion during his first 5 year contract with Sirius.

    50 million signing bonus
    up to 100 million licensing fee for THSS/year
    A 28 million dollar merger bonus (people talk about 25. No. Howard got 28 and payed FuckWald 3 million)
    330 million stock bonus for subscribers (that he sold the same day)
    A production budget XX millions (enough to hire almost 50 people on the show)
    XX million in licensing fee to Indemand for HowardTV
    Free 24/7 limo service. If promoting Sirius: Free private jet / AAA accommodation for Howard and Buchwald, 100 % creative control over H100/H101. Sirius payed the construction of Howard's studio. and so on...

    ---
    Howard signed a second deal with Sirius.
    What happened then was that the Sirius board with Mel bonused themselves. Over 200 millions in january 2011. Howard in his sick mind felt that he was entitled to a cut of that since he was a "partner". This lead to Howard/Buchwalds idea to extort Sirius. They filed a bogus 300 million lawsuit.

    Back in 2011 Sirius still was on very shaky grounds. Had it gone to court, Sirius would have been forced to settle because if they lost, the company would have gone under.

    Howard knew that he was not entitled to this subscribers bonis. The contact is 100% clear: Howard get subscriber bonus for Sirius subscribers. Not SiriusXM.
    Had Sirius acquired XM, then Howard would have been entitled to the subscriber bonus.

    Its fun listening back to Howards all rants about this. Sometimes he wants to make it like Sirius acquired XM. It was no merger. The problem with that, is that he would not be entitled to the 28 million dollar merger bonus.

    1 billion, and its not enough for Howard. And he can't bother to replace Artie.