Thaindian News

By Gina Gomez
Dec 10, (THAINDIAN NEWS) The fact that Howard Stern has renewed his contract with Sirius XM is surely music to the ears of the ardent followers of his highly-popular radio show. The much-loved radio personality confirmed the news that his listeners would be able to be part of his show for another five years after he re-signed a deal with the Sirius XM. Howard Stern’s previous deal with the radio company was scheduled to expire by the end of this year while rumors had been abuzz that he was planning to quit his show on Sirius XM. However, all the speculations were put to rest on Thursday when Howard Stern announced on his how that he has signed a brand new contract with the radio company, valid for a period of five years.

Despite the fact that noted radio personality affirmed that he would be continuing his association with Sirius XM, information about the financial details of the contract continue to remain quite unclear. Although the shock jock had emphasized that a cut on his pay of $500 million salary was something he would not agree to, speculations are ripe that the in order to sign the new deal he had to drop his salary. Some experts have reiterated that Howard Stern’s salary dipped to $400 million in the latest contract and the decrease was owing to the loss of stocks.

Meanwhile, Sirius XM CEO Mel Karmazin has released a statement in which he described Howard Stern as a ‘great talent’ while expressing happiness that the shock jock would ‘continue to provoke, engage and entertain on Sirius XM.’