Howard Stern to get $220 million in Sirius stock
Sirius Satellite Radio Inc. will give Howard Stern 34 million shares of stock _ worth about $220 million at today's prices _ because the company has met agreed-upon targets for
gaining new subscribers under its 2004 deal with the shock jock.
In a regulatory filing Thursday, Sirius said its subscriber count as of Dec. 31, 2005, exceeded the target it had agreed upon with Stern in October 2004, when it made a five-year deal with him.
The man may be crude pervert, but he is the Einstein of crude perverts.
3 comments:
If Eric Clapton is God, Howard Stern is smarter than even Mick Jagger.
(Mick Jagger dropped out of school -- he'd been studying economics, and a particular prof tried to talk him out of it, saying that rock n roll was just a fad that wouldn't last. Said prof was known later to eat those words publicly on a regular basis. Or so the story I've been told goes....)
Most economists aren't that good at predicting the economy - they should definitely stay away from music criticism. :-)
The prof used to say that Mick Jagger understood economics better than he did. :) So, Mick Jagger is at least a good practical economist.
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