Wednesday, April 26, 2006
Howard Stern's Depature Costing CBS Radio
Mediaweek reports the radio division of CBS dropped 13% in operating income -- costing them about $25 million -- and they attribute that entirely to the defection of Stern to Sirius. Given how Stern is about to vault Sirius over XM in subscribers, he's proven to be worth every penny that they paid him.
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2 comments:
Sirius is not about to pass XM in subscribers, and probably never will. They are currently millions behind and that will only grow.
See my new post.
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