Bloomberg: Stern's first paycheck is a quarter of a billion dollars
Bloomberg is reporting that all Howard Stern needs to do is show up to work on Monday, and he’ll receive $219 million in stock.
That may sound like a lot, but actually, after taxes, that’s only $130 million. Heh. Heh. [Here, Claude bursts into tears.]
This is the inversion of “Field of Dreams” model: If you come, we will build it.
Still, as Craig Moffett, an analyst at Sanford C. Bernstein, puts it, “Howard Stern is a business.
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