Howard Stern's $500M SiriusXM Contract in Jeopardy Amid Cancellation Rumors
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Howard Stern's $500M SiriusXM Contract in Jeopardy Amid Cancellation Rumors
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In the past few days Howard Stern has been at the center of a genuine media circus sparked by high-stakes rumors about the fate of his legendary SiriusXM show. On August 6 Stern appeared live with Lars Ulrich to announce Metallica’s exclusive new SiriusXM channel Maximum Metallica launching August 29 and even teased a special Metallica performance airing on his channel in early September, showing he was still deeply involved with A-list music and celebrity culture according to SiriusXM’s press release. But the real drama unfolded behind the scenes with reports emerging on Inside Edition and in the Daily Mail that SiriusXM may be canceling Stern’s show after his $500 million contract expires this fall unless Stern agrees to a major pay cut. The news allegedly blindsided Stern and his staff, dropping as a Google Alert while Howard was chilling at his Southampton estate; staffers attending a team-building bash in Manhattan learned the news as a bombshell alert mid-party. Stern veteran producer Gary Dell’Abate reportedly went silent while insiders scrambled to make sense of the moment. While Stern avoided calls from Ali Wentworth and Jimmy Fallon he did pick up for Jimmy Kimmel confirming his own bewilderment with the words First I’m hearing of it.
Social media buzzed with posts on sternshow’s Instagram feed, where Stern “broke his silence” after the cancellation rumors, promising he’d return to the air September 2 and offering reassurances about the future. Prominent outlets like Snopes documented the wildfire spread of cancellation rumors noting no final confirmation. President Trump himself weighed in on ABC World News Tonight, referencing his old friendship with Stern, even blaming Stern’s ratings decline on Hillary Clinton endorsements and the end of their bromance.
Industry insiders and podcast pundits, such as the KVJ Show, speculated that Stern’s departure might mean SiriusXM will switch to archival material or rare live appearances rather than full-scale regular shows, citing the scale of Stern’s contracts and shifting priorities at SiriusXM. Stern’s staff reportedly expressed shock and concern about job security. On social media and business blogs like Barstool Sports and Men’s Journal, the headlines fixated on the end of an era: Howard Stern Found Out His Show Is Canceled from a News Alert and Stern Staff Shock Over Contract Rumor.
For fans, biographers, and industry observers the long-term significance hinges on whether Stern’s legacy as King of All Media ends with a fizzle out or a new contract reimagining his format. As of today, Stern promises to return live September 2 but with the media feeding frenzy and ongoing contract drama his future on radio is anything but certain.
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