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It's a 100 million budget per year over 5 years for THREE channels and from what Howard has been saying on air lately, he is loading up the content bigtime. I can't wait for the Sept. 29th start.
I also don't think all of that is guaranteed, I bet some of it is tied to subscribers.
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He is not personaly getting paid 100 mill a year. He is getting 100 mill a year for Howard Stern the Corporation (if you will). He then needs to rent studio space, pay staff, buy talent.
It is not all garaunteed. In fact non of it is by defination. If he got hurt tommorrow and couldn't work, Sirius owes nothing at all. But a large portion (something like 20% of the 100 mill a year) is stock options so depending on what future value was assigned to those options it could be more or less than 100.
It's a 100 million budget per year over 5 years for THREE channels and from what Howard has been saying on air lately, he is loading up the content bigtime. I can't wait for the Sept. 29th start.
Wow, thanks for clearing that up. I have actually been telling my friends that. Oops!
Recently I listened to the show where Stern announced his moving to Sirius. Robin played a news clip on the show which said mentioned Howard gets 500 mil a year. Next it says something about incentives. This seemed to be above and beyond the 500 million. The 500 million did seem to be the total salary and budget for the 3 channels he will produce.
I would like to see this clarified though.
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It's a 100 million budget per year over 5 years for THREE channels and from what Howard has been saying on air lately, he is loading up the content bigtime. I can't wait for the Sept. 29th start.
9/29 all the new channels launch even sterns channel. he wont be on till jan 9th BUT his channels will be active and will be putting on content such as his parents double A high BITCH erik etc.............even shulie and joey boots will do a wrap up show after sterns show ends so people can call in and discuss the show....
Howard dedicated a 1/2 hour last week to nothing but jingles about his new Sirius channel, Douche 100 (this is the channel that will start 9/29). What a great commercial for Sirius!
lol i dont think its gonna be called duche 100. its just the running joke all week. if he's smart he'll just call it howard stern 100. he has major brand recognition on that name.