Howard Stern Attains Broadcast Archives From CBS Radio, Settles Suit
May 26, 2006

A settlement has been reached in CBS Radio's breach of contract lawsuit against Howard Stern. Terms of the settlement will remain confidential, though Sirius will make a total payment of $2 million for Stern to regain rights to his broadcast archives, which he had not gained full control of upon his departure from CBS Radio.

A statement by CBS regarding the suit states: "The lawsuit brought by CBS Radio against Howard Stern, Sirius and others has been settled. As part of the settlement, CBS Radio will receive payments relating to the conveyance of its rights in the recordings of The Howard Stern Show. Sirius, for its part, will make a total payment of $2 million related to this conveyance. The remaining terms and conditions of the settlement are confidential."

Word first broke of the settlement two days ago by a court clerk commenting that a deal had been made. CBS Corp. filed the suit in February accusing Stern of misusing airtime on CBS Radio to promote his show on Sirius Satellite Radio. The lawsuit sought "compensatory and punitive damages for multiple breaches of contract, fraud, unjust enrichment, and misappropriation of CBS Radio's broadcast time." At a hearing two weeks ago, CBS' lawyer told the court that the two sides were close to reaching a settlement. Then last Wednesday (5/17), New York state court Judge Ira Gammerman postponed a scheduled hearing by a week to give more time for a settlement, according to Reuters




 
Breaking News
eQB NOW
Jim Ryan Named SVP Of Programming For CBS Radio
In Brief - December 22, 2014
December 19, 2014
Rich Davis Named VP Of Programming For iHeartMedia-Seattle
December 18, 2014
Sharon Dastur Named SVP/Programming Integration At iHeartMedia
Mark Medina Named Program Director At Z100/New York
Denon Electronics, iHeartMedia Announce Partnership
Deezer Appoints Hans-Holger Albrecht CEO
TuneCore Acquires DropKloud And Its Founders
SoundHound Reveals Top Songs, Artists, Albums Of 2014
In Brief - December 18, 2014
December 17, 2014
iHeartMedia Names Don Parker VP/Programming, For San Francisco And Sacramento
Senate Approves Michael O'Rielly For Five-Year FCC Term
Nielsen Report: A Focus On The Public Radio Listener
iHeartRadio Jingle Ball 2014 To Air On The CW Network
In Brief - December 17, 2014
December 16, 2014
Beasley Names Rafe D'Amico VP/Strategic Partnerships
NRG Media Taps Shane Sparks Market Manager, Northwoods, WI Cluster
Shazam Upgrades Windows Phone App
KLUC’s 16th Annual Chet Buchanan & The Morning Zoo Toy Drive Breaks Records
Rdio Brings Personalized Internet Radio, On-Demand Music Subscription To Windows Phone 8.1
In Brief - December 16, 2014
December 15, 2014
CBS Radio, Carson Daly Agree To Multi-Year Contract Extension
JVC Media Closes On Purchase Of WHKQ/Orlando
Bruce Gilbert Named SVP/Sports For Cumulus And Westwood One
Music News
Madonna Announces New Album, Releases Six Songs Digitally
Quick Hits: Joe Cocker, The Weeknd
J. Cole Earns Third Chart-Topper
Quick Hits: Dick Clark's New Year's Rockin' Eve, Joan Jett & The Who, Metallica, Van Morrison, Grammy Special Merit Awards
Green Day, Joan Jett Make The List For Rock Hall
Quick Hits: Madonna, Michael Jackson, The Voice
Quick Hits: Imagine Dragons, Iggy Azalea & Britney Spears, Mad Season, David Byrne / Talking Heads tribute concert
Iggy Azalea Maps Out Arena Tour
Quick Hits: Ne-Yo, Selena Gomez, Gwen Stefani & Pharrell Williams, Stevie Wonder, Everclear, Alex & Sierra, Modest Mouse
Taylor Swift Spends Another Week At #1
The Week In Review: 12/8-12/12
Quick Hits: Epicenter Festival, Beyoncé, Dr. Dre, American Music Priz
Quick Hits: Coldplay, New Year's Rockin' Eve, Golden Globe Song nominees, Judas Priest
Quick Hits: BET Honors, Modest Mouse, Rush
U2 Extends iNNOCENCE + eXPERIENCE Tour
FMQB NOW

Year-End
At Issue

           2014
Interview Hilights

Advertisement:
Search FMQB.com
Advertisements:
FMQB Member Login
Email:
Pass:

Save
Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!