Friday, September 27, 2013

SiriusXM Committed to Keeping Howard Stern

Jim Meyer
SiriusXM Radio is "committed to keeping" Howard Stern and NFL content when their current deals with the satellite radio firm expire at the end of 2015, CEO Jim Meyer told the Goldman Sachs Communacopia investor conference on Thursday.

According to The Hollywood Reporter, he said the satellite radio firm would like to continue its relationship with Stern as long as the radio host wants to work. No conversations worth mentioning with Stern and the NFL are currently taking place, "but we're committed to keeping those," Meyer said. "We care very, very much about" the two content partnerships, he added.

Stern earlier this year said that he is planning to leave Sirius XM at the end of his contract that runs through 2015. The comment came after he failed to revive a $300 million lawsuit based on a contract dispute with Sirius.

But asked if he would extend Stern's contract on a non-exclusive basis, Meyer said on Thursday "absolutely not." He explained: "We pay an awful lot of money for Howard. And every penny is worth that...We want to protect that exclusivity."

That said, he said he loves that Stern is doing America's Got Talent as it helps the Stern and Sirius brand.
He also said the firm can afford all content it wants, but wants to pay affordable prices, and has nothing missing.

John Malone's Liberty Media owns a majority stake in Sirius XM.

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