[BC] Stern / Sitius contest

[Bill Sepmeier]

And the winner is ??     HOWARD!!

NEW YORK Jan 5, 2006 — Sirius Satellite Radio Inc. will give Howard Stern 34 
million shares of stock worth about $220 million at today's prices because 
the company has met agreed-upon targets for gaining new subscribers under 
its 2004 deal with the shock jock.

In a regulatory filing Thursday, Sirius said its subscriber count as of Dec. 
31, 2005, exceeded the target it had agreed upon with Stern in October 2004, 
when it made a five-year deal with him.

At the time, Sirius said its deal with Stern would be worth about $100 
million per year beginning in 2006. The 34.4 million shares were worth about 
$110 million then, but the stock has roughly doubled since then.

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