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For many years, Howard Stern has been known to his millions of radio fans.  Now that Sirius XM has merged, he felt he was old a part of the proceeds, allegedly.  However, he has been denied $300 million dollars, that's a lot of money he was looking to possess.

According to NYDailyNews.com, argued Sirius owed him an extra $300 million in stock after their 2008 merger with XM Radio because their contract provided performance incentives tied to subscription growth.  It seems like if there was proof that he shared incentives, he would get at least half of the $300 million.  However, certain contracts can many various things.

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Howard Stern, King of All Media, denied $300 million after Sirius XM merger

By Dareh Gregorian / NEW YORK DAILY NEWS

Howard Stern cannot collect the king’s ransom he says he’s entitled to from Sirius XM Radio, a state appeals court ruled Thursday.

The shock jock, who calls himself the King of All Media, had argued Sirius owed him an extra $300 million in stock after their 2008 merger with XM Radio...Read full article, here.


Source and Photo: NYDailyNews.com

 

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Celebrity News: Howard Stern denied $300 million after Sirius XM merger