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Bullboard - Stock Discussion Forum Sirius XM Canada Holdings Inc T.XSR

"Sirius XM Canada Holdings Inc is a radio broadcasting company with approximately 2.7 million total subscribers. The company broadcasts music, sports, talk, entertainment and other content on a subscription fee basis in Canada. It includes over 12 Canadian channels designed and developed from studios in Toronto, Montreal, and Vancouver. It derives revenues from the sale of subscriptions... see more

TSX:XSR - Post Discussion

Sirius XM Canada Holdings Inc > Great News! Howard Stern & XSR sign 12 year deal
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Post by challenger426 on Dec 15, 2015 7:55am

Great News! Howard Stern & XSR sign 12 year deal

The Howard Stern Show To Continue Exclusively At SiriusXM Under Long-Term Agreement That Includes New Venture In Video Programming

Tuesday, December 15, 2015

 

The Howard Stern Show To Continue Exclusively At SiriusXM Under Long-Term Agreement That Includes New Venture In Video Programming

07:34 EST Tuesday, December 15, 2015


NEW YORK, Dec. 15, 2015 /PRNewswire/ -- Howard Stern and SiriusXM today announced a 12-year agreement under which legendary broadcaster Stern will continue to produce and host The Howard Stern Show on SiriusXM for the next 5 years. The deal includes plans for SiriusXM to launch its first venture into video programming with Stern. The news was first reported by Stern during his show this morning.

Under the new long-term agreement, The Howard Stern Show will continue to be broadcast live exclusively on SiriusXM's Howard 100 channel, 7:00 am to 11:00 am ET, with replays throughout the day, and On Demand online and through the SiriusXM app. Additionally, Stern will continue to produce his Howard 101 channel, which includes current and classic episodes of The Howard Stern Show as well as original special programming throughout the day. 

SiriusXM and Howard Stern Productions also agreed to a 12-year deal for use of Stern's extensive audio and video library drawn from performances, specials, and shows spanning his more than 30-year broadcasting career. Video plans will be announced at a future date and will include video of The Howard Stern Show as well as the Howard Stern archives and special programming.

"As a broadcaster, it does not get better than working at SiriusXM and I'm truly excited for the future with this great company," said Howard Stern. "I happen to think that its best days are ahead. So, if you are not listening to SiriusXM and The Howard Stern Show, then you are really more like a zombie, a rotting corpse monster, living half a life, deadened and blackened inside. It's as if you were still watching black and white television while shopping in actual stores on your way to the post office to fax a memo."

Howard Stern added, "I am living a dream here on satellite radio and Jim Meyer is my life partner and the baby we are about to have is our new streaming video app. The joy we are going to bring you in the very near future will make you feel like Christmas is every day. Ho, Ho, Howard?out."  

"This is a unique and pioneering agreement, which includes SiriusXM licensing the Howard Stern archives in both audio and video through 2027," said Jim Meyer, SiriusXM's Chief Executive Officer. "We look forward to working with Howard to offer the Howard Stern experience through new platforms. In 2006, when Howard launched his two uncensored satellite radio channels ? Howard 100 and Howard 101 ? he transformed how people listen to radio. We are thrilled that Howard is staying and expanding his relationship with SiriusXM to include video." 

"Howard is better than ever," said Scott Greenstein, SiriusXM's President and Chief Content Officer. "Howard is a one-of-a-kind interviewer, who always delivers a provocative, engaging and headline-grabbing show.  We look forward to providing fans even more and deeper ways to experience Howard, and his world-class talent and insights."

The new agreement was crafted over several months, and involved a deep collaboration between SiriusXM executives Meyer and Greenstein, and Stern's long-time agent and confidant, Don Buchwald.

"Jim, Scott, and I have been discussing this arrangement for some time. Obviously, the terms and conditions of a deal of this nature required a lot of give and take, as well as creative thinking on everyone's part, and I am grateful to them both for the hard work they invested to make this deal a reality," said Don Buchwald, founder of Don Buchwald & Associates, Inc. "Howard and I are excited to enter into this cutting edge and truly unique broadcasting agreement with SiriusXM that I believe will further the legacy of Howard Stern."

Comment by challenger426 on Dec 15, 2015 8:34am
Contract is actually with SiriusXM (SIRI) but as everyone here knows, XSR (Canadian version) is partially owned by SIRI. SiriusXM holds a minority interest in SiriusXM Canada which has more than 2.6 million subscribers. SiriusXM is also a leading provider of connected vehicles services to major automakers, giving customers access to a suite of safety, security, and convenience services including ...more  
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