David Frear: Celebs Rumors

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Liberty Media CEO Reassures On SiriusXM Host Howard Stern Re-Upping; Reports Softer Q3 For Atlanta Braves, Formula One

Jill Goldsmith Co-Business EditorLiberty Media CEO and SiriusXM chairman Greg Maffei said the satellite broadcaster’s star host Howard Stern, whose contract ends this year, is likely to re-up and apologized that a recently announced top management reshuffle was handled too abruptly.“I think we were surprised by the market reaction and maybe in hindsight we should have been smarter,” Maffei said on a conference call today. Liberty is the controlling shareholder of SiriusXM, which announced unexpectedly in mid-September that its highly regarded CEO Jim Meyer and longtime CFO David Frear were stepping down.
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