As far as I know, the "apps" only work on BB, iPhones, iPads and Android phones and tablets. If you don't have one of these units its not going to work.
Breaking news: Howard's company suing SiriusXM
- Thread starter thekingofnicotine
- Start date
As far as I know, the "apps" only work on BB, iPhones, iPads and Android phones and tablets. If you don't have one of these units its not going to work.
If you are talking about the complaint that was filed in the NY Supreme Court, I of breezed through it. The complaint doesn't prove anything and it is not intended to do so. Its only purpose is to state Howard's claim. Proof of the allegations is presented in a trial...or, if there are no factual issues.... in affidavits and a memorandum of law in support of a motion for summary judgment. That motion is what we must pray for because there will be plently on juicy shit in both sets of papers. There is the possibility that both sides would ask the court to keep the documents confidential. You know that Howard does not want us to read the whole contract. We might find out what he was actually paid for the first five years. So until we hear the other side's interpretation of the contract and read the particular language in the contract, we cannot judge Howard's chances.
LMAO that the Paul McCartney concert is mentioned in the lawsuit!
At the core of this is Howard being bitter he took a paycut. I don't know how that feeble-minded cretin can claim he *ever* had 20 million listeners, or that the XM listeners count towards his listenership. I remember chit-chatting with some people in a store buying XM radios once and they said they would never get Sirius BECAUSE of Howard Stern, they hated him. Something tells me that is not an isolated incident.
No matter what happens, I would think this opens up SiriusXM to other lawsuits from other parties in a somewhat related manner, and I don't think there is any way Howard will complete a 5-year contract. In fact he never even seems to refer to the longevity of the contract he signed, whereas the first 5-year deal he would talk about all the time in terms of it ending in 2010 or whatever.
The long and short of it is that SiriusXM will end up in worse financial straits win, lose, or draw, thanks to Howard and could go under, but even if it doesn't say goodbye to Howard before the end of 5 years. It's just as well, though, he never should have re-signed.
At the core of this is Howard being bitter he took a paycut. I don't know how that feeble-minded cretin can claim he *ever* had 20 million listeners, or that the XM listeners count towards his listenership. I remember chit-chatting with some people in a store buying XM radios once and they said they would never get Sirius BECAUSE of Howard Stern, they hated him. Something tells me that is not an isolated incident.
No matter what happens, I would think this opens up SiriusXM to other lawsuits from other parties in a somewhat related manner, and I don't think there is any way Howard will complete a 5-year contract. In fact he never even seems to refer to the longevity of the contract he signed, whereas the first 5-year deal he would talk about all the time in terms of it ending in 2010 or whatever.
The long and short of it is that SiriusXM will end up in worse financial straits win, lose, or draw, thanks to Howard and could go under, but even if it doesn't say goodbye to Howard before the end of 5 years. It's just as well, though, he never should have re-signed.
I wasn't confused, I think we all knew what it was. Again thanks for the link
The complaint reference the contract in several areas of the document. Yes, it is not the entire contract and it’s written to cast Howard’s interests in a favorable light but the parts that were included make a strong argument for Howards side.
when the rest of the documents become public record we'll know more ( that is if its not settled first)
Here is a quote from an SEC filing Sirius made back in 2004.
If Stern's contract mimics the language stated here, there is a lot of room for interpretation. That's why there are lawyers. Obviously this is not the actual contract, but their public filing should not materially differ from it.
If Stern's contract mimics the language stated here, there is a lot of room for interpretation. That's why there are lawyers. Obviously this is not the actual contract, but their public filing should not materially differ from it.
I'm listening to today's show and when a caller brings it up to Howard, Robin claims she didn't hear anything about this.
Does anyone believe that Robin knew nothing until today? What bullshit.
Does anyone believe that Robin knew nothing until today? What bullshit.
"Our aggregate fixed obligations under the agreement are approximately $100 million per year. These costs include production and operating costs for the show, including compensation of show cast and staff, overhead, construction costs for a dedicated studio, a budget for the development of additional programming and marketing concepts, and payments to Stern and his agent."
So, the costs of production and staff do come out of Howard's $100 million. So much for "they work for Sirius and I have nothing to with it."
"We are also obligated to make substantial stock-based incentive payments under the agreement if we significantly exceed agreed upon year-end subscriber targets during the term of the agreement, or acquire material amounts of subscribers during the term directly and trackably through Stern's efforts. In addition, upon reaching an agreed upon number of subscribers, we will share a portion of the revenue we derive directly from advertising on the Stern channels, and the revenue we derive from subscribers acquired during the term directly and trackably through Stern's efforts."
Not sure which part of this Howard is suing on. But if it is the "acquire material amounts of subscribers during the term directly and tackably through Stern's efforts" then I understand why Sirius has not caved in to Howard's demands.
So, the costs of production and staff do come out of Howard's $100 million. So much for "they work for Sirius and I have nothing to with it."
"We are also obligated to make substantial stock-based incentive payments under the agreement if we significantly exceed agreed upon year-end subscriber targets during the term of the agreement, or acquire material amounts of subscribers during the term directly and trackably through Stern's efforts. In addition, upon reaching an agreed upon number of subscribers, we will share a portion of the revenue we derive directly from advertising on the Stern channels, and the revenue we derive from subscribers acquired during the term directly and trackably through Stern's efforts."
Not sure which part of this Howard is suing on. But if it is the "acquire material amounts of subscribers during the term directly and tackably through Stern's efforts" then I understand why Sirius has not caved in to Howard's demands.
You could tell she did know about it, but claims she didn't read the article about it. I suspect she wants no part of it, though. It really doesn't benefit the show in any way and if Howard loses, then what. :clueless:
It sounds like Howard is suing on a technicality. We still have to see Sirius' side of it though.
One thing about Howard, his contracts make sure that he gets money out of every little thing possible.
One thing about Howard, his contracts make sure that he gets money out of every little thing possible.
True dat. Still, regardless of who is in the right and who is in the wrong, it's hard to feel sorry for a guy whose work ethic is so bad, has $500 million (or whatever), and feels the need to potentially destroy his employer so he gets a few more million (or whatever). Class act.
Well if they did write that in the contract it means Howard is right about this but I still don't get it.
Why re-sign first? And notice he waited till all his tv appearances were done in order to file the suit.
Why re-sign first? And notice he waited till all his tv appearances were done in order to file the suit.
Wait wait...Do you believe that the subscribers acquired when Sirius acquired or merged with XM are "directly and trackably through Stern's efforts" ? [If that is the language Howard is relying on] I don't see them coming directly or trackably through Stern's efforts.
Most lawsuits of this sort are based on some sort of technicality, interpretation, or sloppy contract drafting. That's why we have courts and lawyers. If it was me, and I thought I had a pretty good opportunity to score the kind of coin we are talking about here, I'd take a shot. Why not? At this point, there is nothing to lose. There will likely be a financial settlement of some sort here.
He was very calculating in waiting until after he re-signed his current deal. He was also calculating in doing a press tour prior to filing the lawsuit so that he could go back and point to it as evidence of getting out and hustling on the company's behalf.
He's getting some good advice.
I don't believe it. I think this is why they never included Howard into XM. Instead if you want Howard you need to buy the Best of Sirius package. Sirius probably knew this was all coming.
Limegrass has it right. He did the press tour to show the courts that he's doing everything in his power to attract new listeners. He didn't want to do it, but for the coin he could potentially get, it's a pittance. The xm'ers don't have to turn on BOS, or even want it, but the contract language clearly names all those subs as being able to hear his channels broadcast. And for the 'fee' he gets in that eventuality, they charged the 3.99 for it.