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SiriusXM CEO Addresses Howard Stern Contract Talks

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Audio entertainment giant SiriusXM is planning more formal talks with Howard Stern over the coming months about a potential contract renewal for his The Howard Stern Show as the current five-year deal for it expires at the end of this year.SiriusXM, controlled by John Malone's Liberty Media, previously said that the current pact was part of a broader "12-year agreement, under which legendary broadcaster Stern" has continued to produce and host The Howard Stern Show on SiriusXM.Under the current deal, financial details of which weren't disclosed, SiriusXM also launched its first venture into video programming with Stern.Asked on the firm's first-quarter earnings conference call on Tuesday (April 28) about a mention Stern made in the past 24.

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