HOWARD STERN DOESN’T WANT PEOPLE TO KNOW HE GOT A 100 MILLION DOLLAR SALARY CUT
We were a bit turned off by Howard Stern’s tirade on his Sirius radio show because someone had leaked that he had taken a pay cut. Apparently he lambasted the deal-makers at Sirius. (We heard this second hand because we don’t subscribe to Sirius.) Anyway, Howard was apoplectic at the idea of people thinking he accepted LESS than his contract five years ago (before the recession) for 500 million dollars. Analysts at The Hollywood Reporter say Howard with take home the same paycheck but lose the stock portion of his compensation, resulting in a salary of about 400 million for the next five years. Of course he might work less than his current four days a week – sure to upset his fans. Somehow we liked the OLD Howard better – when we could afford to listen to him and his income hadn’t moved into the stratosphere.