WOW, Stern gets awarded an $83 Million Bonus......... - GoFuckYourself.com - Adult Webmaster Forum

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JFK

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#1

WOW, Stern gets awarded an $83 Million Bonus.........

01-09-2007, 08:00 AM

Just read it on CNN , He already gets a 500 Mill compensation package. How long can Sirius expext to lose $ and still stay in business?
http://money.cnn.com/2007/01/09/news...ex.htm?cnn=yes

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#2

01-09-2007, 08:01 AM

big time money being thrown his way
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#3

01-09-2007, 08:03 AM

he got the bonus in stocks, but still....seems excessive!

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#4

01-09-2007, 08:04 AM

83 million damn

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JFK

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#5

01-09-2007, 08:05 AM

Originally posted by SxDx

he got the bonus in stocks, but still....seems excessive!

I saw that, still, he's probably not hurting for lunch money

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#6

01-09-2007, 08:23 AM

Howard said that last quarter Sirius made a profit for the first time since they launched
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#7

01-09-2007, 08:25 AM

That's makes no sense...

I don't understand how that is possible unless they are operating on the Enron accounting model. Got me scratching...
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#8

01-09-2007, 08:38 AM

We watched his Private Parts video again the other night, funny as hell!

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#9

01-09-2007, 08:54 AM

That's way too much capital to have invested in a company like Sirius. I predict he'll be selling most if not all of that stock soon.

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#10

01-09-2007, 08:57 AM

wow thats alot of money!

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#11

01-09-2007, 09:04 AM

He also got a 200million bonus before he even went on the air last year because so many people signed up
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#12

01-09-2007, 09:07 AM

If I were him I'd be selling alot of that stock. it's up 1.8% today. still under $4 though
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#13

01-09-2007, 09:09 AM

Originally posted by Phoenix

83 million damn

this is so allot

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#14

01-09-2007, 09:11 AM

wow that's nuts!

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#15

01-09-2007, 09:11 AM

Good for him..I love his style and he just does whatever he wants..

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#16

01-09-2007, 09:15 AM

I'm sure customers will increase. Maybe XM and Sirius need to merge.

...
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#17

01-09-2007, 09:23 AM

Originally posted by SomeCreep

That's way too much capital to have invested in a company like Sirius. I predict he'll be selling most if not all of that stock soon.

I think so too. I would sell it all now.

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#18

01-09-2007, 09:35 AM

it is smart. He is their marketing. just yesterday I saw a store display with him all over it.

Think about it. some one is thinking of buying the radio and they are standing in front of a display they have a choice between two. One has a star and the other you don't know. who do you go with? The star.

The article says they increased subscribers by greater than 2 million above what the analyst expected. This game is all about market share. Once you win the market then you cut costs. Think of amazon.com
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#19

01-09-2007, 09:55 AM

Originally posted by bopha

That's makes no sense...

I don't understand how that is possible unless they are operating on the Enron accounting model. Got me scratching...

They do have over 600,000 subscribers you know....

At $12.95/month minimum that's over US$8 millions a month....

I'm just a newbie.
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#20

01-09-2007, 09:56 AM

Originally posted by King Adam

I think so too. I would sell it all now.

I heard on the news, that he just registered to sell $22 million dollars worth of that stock.

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#21

01-09-2007, 09:59 AM

Originally posted by tranza

They do have over 600,000 subscribers you know....

At $12.95/month minimum that's over US$8 millions a month....

Ooops... Make that over 6 MILLION subscribers and over US$80 Millions per month.

Originally posted by CNN

Sirius had roughly 600,000 subscribers when it signed Stern in 2004 for a contract valued at $500 million over five years.

At the time, analysts had forecast the company would grow to about 3.5 million subscribers by the end of 2006.

Sirius and Stern agreed to an added bonus in the event that the number of subscribers exceeded that forecast by more than 2 million.

Last week, the company reported that it ended 2006 with more than 6 million subscribers, at the middle of a forecast range made in December, triggering the bonus payment of about 22.1 million shares. Sirius closed at $3.76 on Tuesday.

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#22

01-09-2007, 10:28 AM

Originally posted by SomeCreep

I heard on the news, that he just registered to sell $22 million dollars worth of that stock.

Most likely to pay taxes on the stock he got
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JFK

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#23

01-09-2007, 10:31 AM

Originally posted by tranza

Ooops... Make that over 6 MILLION subscribers and over US$80 Millions per month.

thats 960 mill in a year, 500 of that is part of Stern's compensation package, in one form or the other. That leaves 460 for operating expenses. Wonder how much they lose a year?

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#24

01-09-2007, 10:32 AM

Originally posted by JFK

thats 960 mill in a year, 500 of that is part of Stern's compensation package, in one form or the other. That leaves 460 for operating expenses. Wonder how much they lose a year?

500million if for 5 years not 500million per year
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#25

01-09-2007, 10:33 AM

Oh and its not 12.95 times 6,000,000 ..for instance i have 3 subscriptions and 2 of them are about $6/month each
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#26

01-09-2007, 10:43 AM

he's one of the best entertainers ever. He deserves what he gets paid, every cent. His listeners are extremely loyal, and I know a lot of people who just got Sirius just for him.
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#27

01-09-2007, 10:44 AM

his Howard TV on demand is great also

Last edited by northboy; 01-09-2007, 10:46 AM.
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#28

01-09-2007, 10:53 AM

I got to get sirius I miss him

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#29

01-09-2007, 10:55 AM

what a waste of money to some clown
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#30

01-09-2007, 10:57 AM

Originally posted by JFK

Just read it on CNN , He already gets a 500 Mill compensation package. How long can Sirius expext to lose $ and still stay in business?
http://money.cnn.com/2007/01/09/news...ex.htm?cnn=yes

using other peoples money and amazing projections..
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#31

01-09-2007, 12:01 PM

its obvious they're making mad money off him... otherwise they wouldn't give him any bonus
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#32

01-09-2007, 12:02 PM

He better be careful. Captain Kirk was getting paid in stock, and got fucked.

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#33

01-09-2007, 12:50 PM

Originally posted by pornguy

He better be careful. Captain Kirk was getting paid in stock, and got fucked.

Thats because he didnt cash out part of it, I guess he enjoyed looking at the paper profits

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#34

01-09-2007, 12:53 PM

I listen to him every day. He was saying that around 6,000 people a day sign up for Sirius. That's pretty impressive.

If I were Sirius the one thing I would worry about is the fact that he is getting older and there is no telling how long he will stay in the game. He has 4 years left on his contract. If they average 1.5 million new subscribers a year they will add another 6 million before his contract is up and bring their total to around 12 million. The question is how many of them will stick around if he decides to retire and stop doing the show? I think they are working now to add stuff that people will want in order to avoid a huge drop when he does retire. They added NASCAR and NFL and they are always putting new stuff on there so I think they are trying to use Stern to bring them in and then use the other stuff to help keep them. I'm not sure how well it will work, but he can't go on forever so they need to do something if they are going to stay alive when he does leave. They have to be worried though. Many of the radio stations he was on when he was on normal radio have all but disappeared since he left them.
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#35

01-09-2007, 01:15 PM

Originally posted by kane

I listen to him every day. He was saying that around 6,000 people a day sign up for Sirius. That's pretty impressive.

If I were Sirius the one thing I would worry about is the fact that he is getting older and there is no telling how long he will stay in the game. He has 4 years left on his contract. If they average 1.5 million new subscribers a year they will add another 6 million before his contract is up and bring their total to around 12 million. The question is how many of them will stick around if he decides to retire and stop doing the show? I think they are working now to add stuff that people will want in order to avoid a huge drop when he does retire. They added NASCAR and NFL and they are always putting new stuff on there so I think they are trying to use Stern to bring them in and then use the other stuff to help keep them. I'm not sure how well it will work, but he can't go on forever so they need to do something if they are going to stay alive when he does leave. They have to be worried though. Many of the radio stations he was on when he was on normal radio have all but disappeared since he left them.

The whole business model at this point revolves around getting subscribers. After they have them they are counting on being able to hook them with other content and shows. kinda like going back to dial up after having had DSL or getting rid of your cell phone. It's not going to happen. After then get enough market share they will stop paying crazy ass money for content. Howard Stern retiring at the right time would probably be good for them. The worst thing that could happen would be Stern jumping ship to the competition.
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#36

01-09-2007, 02:04 PM

Man thats too much!!!
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#37

01-09-2007, 02:05 PM

lucky fecker!!!
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#38

01-09-2007, 02:08 PM

... and shareholders continue to get fucked
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#39

01-09-2007, 02:17 PM

Originally posted by eZe

The whole business model at this point revolves around getting subscribers. After they have them they are counting on being able to hook them with other content and shows. kinda like going back to dial up after having had DSL or getting rid of your cell phone. It's not going to happen. After then get enough market share they will stop paying crazy ass money for content. Howard Stern retiring at the right time would probably be good for them. The worst thing that could happen would be Stern jumping ship to the competition.

Without question. If Stern left them for a competitor they would be screwed, but I think once people have the service for a while you never want to go back to regular radio and they are counting on that. I think they will do well as long as they continue to develop new content while Stern is still on the air. Also Howard has the rights to all of his old shows. They could license them and play them and people would still listen. He has 20 years worth of shows they could keep playing even after he retires.
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#40

01-09-2007, 02:19 PM

thats alotta bones
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#41

01-09-2007, 02:22 PM

I pay him 15.98 a month for the best TV ever, Howard Stern On Demand.
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#42

01-09-2007, 02:58 PM

Originally posted by Waveu6410

I pay him 15.98 a month for the best TV ever, Howard Stern On Demand.

Damn...it's only $9.99 per month here in the midwest.
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#43

01-09-2007, 04:27 PM

the expense of running the channels also comes out of that $100mil a year. so he's not making that full $500mil and I read an article a few months ago that said they already made a profit on him. they gave him 3 channels to program and he's only using 2. I also have Howard TV and love it.

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#44

01-09-2007, 04:40 PM

yeh, but i wonder how much they MAKE in the coming years.

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#45

01-09-2007, 04:45 PM

Thats alot of fucking green. King of all media sounds about right.
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#46

01-09-2007, 04:46 PM

Originally posted by Waveu6410

I pay him 15.98 a month for the best TV ever, Howard Stern On Demand.

Damn, and I thought Cox charged alot... its part of a package here.
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#47

01-09-2007, 05:16 PM

Guys, it's a subscriber based business. They go into it knowing they will take losses for awhile as they build up their base.

I think that the two will have to merge eventually to truly be able to make big money.
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#48

01-09-2007, 05:39 PM

Wow, that's a lot of money.
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#49

01-09-2007, 06:26 PM

somebody is still listening to that old whiny bitch?

Ask Phil
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#50

01-09-2007, 07:48 PM

Originally posted by CAMOKAT

somebody is still listening to that old whiny bitch?

he was available in Toronto for a while or FM radio. I used to listen for a bit, but get tired of the same old schitck

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