Tuesday, June 3, 2014

Report: SiriusXM Wants To Keep Howard Stern

Howard Stern
Satellite radio firm SiriusXM, which is controlled by John Malone's Liberty Media, would like to keep Howard Stern on the air when his current contract with the company ends, CFO David Frear reiterated in London on Tuesday, according to THR.

Speaking at the Bank of America Merrill Lynch Global Telecom and Media Conference, he reminded investors that Stern's contract was coming up at the end of 2015. Last time around, "he signed the contract and said he couldn't believe he did it again because of how early he has to get up," Frear quipped.

He added: "I do think he loves what he is doing…I think he loves the creative freedom that he gets on the Sirius platform. I think he loves the reach that he gets." Concluded Frear: "As long as Howard wants to work, we'd love to have him on the air."

The CFO also said Sirius XM has no plans to launch in international markets.

He lauded Pandora, Spotify and other streaming music companies for growing their subscribers. But he said there are "pretty challenging economics for streamers" because "free sells best."

Asked if Sirius was planning a push into video services, the CFO said "it is hard to experience video in the car," so video is not in focus. But with self-drive cars likely to become a market opportunity down the line, he said there is no technical reason that Sirius couldn't offer video.

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1 comment:

  1. as usual disappointed ......negative ......why did he even bother

    ReplyDelete