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
Matt Bosso Named APD/MD At WODS/Boston
Sterling Simms Named UMPG Director of Creative
MIW Radio Group Names Beth Neuhoff The 2016 MIW Trailblazer
In Brief - August 23, 2016
August 22, 2016
Nielsen Audio Finds Los Angeles Metro Irregularities
iHeartMedia Salisbury-Ocean City, MD Names Dave Hovel SVP/Programming
Images from the 2016 iHeartMedia Music Summit
'Wake Up Call' Radio Host Welcomes Baby Boy
August 22, 2016
Jeff Smulyan Proposes to Take Emmis Private
WRVW (107.5 The River)/Nashville To Host Rooftop Pool Party With Demi Lovato & Nick Jonas
iHeartMedia Names Ryan McKiddy APD/MD At WSIX/Nashville
August 18, 2016
iHeartMedia Elevates Michael Preacher & Dave Carwile In North East Division
Bill Kelly To Join Cumulus Media As VP/Market Manager For Youngstown
iHeartRadio Surpasses 90 Million Registered Users
Three Broadcasting Execs Appointed to the Conclave Board of Directors
August 17, 2016
MSG Company Acquires 12% Stake in Townsquare Media
Scott Shannon To Host National Radio Hall of Fame Induction Ceremony
Mike O’Brian Re-Signs With Beasley’s KKLZ/Las Vegas
August 16, 2016
Republic Records Restructures Promotion Department, Adds Key Executives
iHeartRadio Music Awards Returning in 2017
In Brief - August 16, 2016
August 15, 2016
Cumulus Promotes Greg Smith to VP/GM of Detroit FM Stations
Cumulus-L.A. Re-signs The Heidi & Frank Show While Frosty Returns
John Mullett Promoted to MD at WBOS (ALT 92.9)/Boston
Music News
Second Frank Ocean Release Arrives Over the Weekend
Quick Hits: Justin Timberlake / Trolls soundtrack, Metallica, Jimmy Eat World, Big Boi & Killer Mike, Empire of the Sun
Quick Hits: Billboard 200, Bridge School Benefit, Lou Pearlman, Future, 3 Doors Down, Kings of Leon
Frank Ocean Releases "Visual Album" Endless
Lars Ulrich Talks New Metallica Record
Strange Days Indeed: An Interview with Garbage’s Shirley Manson
Metallica Announce New Album Hardwired...To Self Destruct
Drake Leads Nominees For BET Hip Hop Awards
Quick Hits: Kanye West, Lil Wayne
Paul McCartney Signs Worldwide Deal With Capitol Records
Lady Gaga Announces New Single, Cast in A Star Is Born
Quick Hits: Katy Perry, Nick Jonas / MTV VMAs, Tove Lo, Guns 'N Roses, Dawes
FMQB Photo Pass: 2016 Triple A Conference
Quick Hits: Britney Spears, Metallica, Global Citizen Concert, Bruce Springsteen, Jane's Addiction, YG
Suicide Squad Soundtrack Hits #1 on Billboard 200
FMQB NOW

          Question Of
           The Week

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!