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Satellite radio company Sirius XM continues discussions with Howard Stern about a potential extension of his contract, which expires at the end of the year, CEO Mel Karmazin said Thursday.
“We do not have any updates today,” he said on his company’s quarterly earnings call. He had previously said he was hoping to have more insight into Stern’s future by the call.
Asked by an analyst about Stern’s contribution to continued subscriber growth, Karmazin said Stern has been “a great partner” and helped drive a significant number of subscribers as a key part of the firm’s portfolio of channels, which taken together continue to attract new subscribers.
Karmazin at some point on the call also said given Sirius’ strengthening financials, “we can buy whatever content we believe can drive listener satisfaction.”
Karmazin
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