Stern Negotiating To Exit Infinity Early
November 12, 2004

With Howard Stern absent from his show this morning ( a "best of" in its place), the Wall Street Journal is speculating that the reason for Stern's on-air verbal assaults toward his current employer, Infinity Broadcastingthis past week stem from his learning that parent company Viacom had "withdrawn its financial support from Mr. Stern's legal fight against Clear Channel Communication Inc., which dropped his show earlier this year after the Federal Communications Commission began a crackdown on indecent broadcasts."

The Journal goes on to say "people close to Infinity say that because Mr. Stern was secretly negotiating with Sirius while enlisting the support of Infinity's legal team in a suit against Clear Channel, Infinity no longer feels compelled to back him" and further that "Mr. Stern is negotiating to get out of his contract with Infinity so he can join Sirius earlier than the 2006 date currently planned."

Both Infinity and Sirius declined to comment.

 

 




 
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Nicki Farag,
SVP of Promotion,
Def Jam Recordings

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