pgens Wrote:
-------------------------------------------------------
> This CNN piece seems to say he got $200M in stock,
> but that was on top of the $500M due to hitting
> subscriber targets. I'm sure stock was a
> component of the $500M, I hope for his sake not
> much of it as I think Sirius was around $7 when
> the deal was announced and has since fallen to
> about fifty cents (a bounce up form the dime it
> was at).
>
>
http://money.cnn.com/2008/06/26/technology/moritz_
> sirius.fortune/index.htm
>
> "One obvious target: Howard Stern's $500 million
> package, which doesn't include the roughly $200
> million in Sirius stock he's received for meeting
> subscriber targets."
>
> edit to add: which was still a great deal for
> Sirius. He has easily added ten million
> subscribers to satellite radio, and 10 million
> subscribers, assuming a single radio at $156/yr in
> subscription revenue is over $1.5B in revenue per
> year.
Howard was given, over a year, nealry 500 million in sirius stock. He sold it as soon as he got it.
My fave podscasts
Real Time with Bill Maher (audio only, but I am too cheap to get HBO)
Friday Night Comedy on BBC4 - OMG is this funny and relevant
Skepticality - for us that or not spoon fed our opinions
Friday New Roundup with Diane Rehm
Scam School - pretty interesting!
And, I do hate to admit it - but I listen to the Iceberg channel on Sirius. The music is stuff I never heard before and most is realy good.
Edited 1 time(s). Last edit at 07/23/2009 07:38PM by Radiophile.