He said that there was an opportunity to achieve better economic terms.
Yes, at one point he did mention that Sirius XM was locked into many costly long-term contracts at the time of the merger.
Twice! I didn't get that out of Frear's response at all. Never mind getting respect from the industry. "Oprah's out getting the Kennedy Center honor and I've got the CFO announcing to Wall Street that I have to take a pay cut. "Why would I have to take a pay-cut," Stern said during yesterday morning's show, as retold by Forbes' Lacey Rose. Speaking at the UBS Global Media and Communications Conference, CFO David Frear made comments that The Hollywood Reporter interpreted as an indication that Stern may have to take a pay cut to keep his show going on Sirius. In a public sign that negotiations between Sirius XM Radio (Nasdaq: SIRI) and Howard Stern are getting testy, the satellite radio provider's biggest star blasted his company's CFO during yesterday's show.
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