Radio Host Howard Stern Stays With Sirius XM
Radio host Howard Stern said on Thursday he is staying with Sirius XM Radio, ending speculation that he might leave the satellite radio station but leaving questions surrounding his pay package unanswered.
Stern said on Sirius on Thursday he would stay another five years, Dow Jones reported, but terms of the agreement were not disclosed.
Stern joined the radio station with a five-year contract of $500 million.
Over the past four quarters, Sirius has been posting a profit and the company's stock has more than doubled over the past year.
- Watch: Herb Greenberg discusses the impact on Sirius stock.