“Howard Stern, who seems to be in a perpetual fight with his bosses, is at it again.
The production company for the radio personality is suing Sirius XM, claiming the satellite radio company has refused to pay stock awards it owes to him based on subscriber targets in Sternās contract. The lawsuit also says Sirius owes money to Sternās agent under a consulting agreement.
āWorld-renowned radio personality Howard Stem (āStemā) put Sirius on the map,ā the lawsuit says. āBut, with the exception of a stock award that Sirius paid for the initial year of Stemās contract, Sirius has refused to pay One Twelve [the productionĀ company for Stern’s show] the additional performance-based stock awards to which One Twelve is entitled.ā
CLICK HERE to read Sternās lawsuit against Sirius XM.”
Full Story on WSJ.
Photocredit: Bauer Griffin
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