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        <title><![CDATA[SiriusXM in talks to renew Howard Stern contract amid pandemic]]></title>
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            <media:title type="html">SiriusXM in talks to renew Howard Stern contract amid pandemic</media:title>
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        <content:encoded><![CDATA[<p>Satellite broadcaster SiriusXM said it&#8217;s in talks to retain its biggest star <strong>Howard Stern</strong> as the business weathers the fallout from the coronavirus.</p><p>SiriusXM Chief Executive Jim Meyer said Thursday on a second-quarter earnings call that the company has reengaged Stern in talks to re-up his contract, following a lull caused by the pandemic.</p><p>Stern&#8217;s <strong>five-year contact lapses at the end of 2020</strong>, and as a result, there has been some buzz about whether the shock jock will retire, re-up with Sirius, or contemplate moving his show to a rival like <strong>Spotify</strong>, whose podcasting unit has been on a <strong>buying spree</strong>.</p><p>&#8220;Howard is very happy with what he&#8217;s doing. It matters when Howard is happier,&#8221; Meyer said. &#8220;His show is better, and he&#8217;s more relaxed. I&#8217;ve been clear: I want Howard Stern to work at SiriusXM for as long as Howard Stern wants to work.&#8221;</p><p>The CEO said he was optimistic about keeping Stern at Sirius, adding: &#8220;I know what Howard wants. And we&#8217;re trying to figure out a way to make all those things work together. I don&#8217;t want to be overly optimistic here, but I want Howard here&#8230; We&#8217;ll keep working and we&#8217;ll get there, I hope. At the end of the day, it will come down to what Howard wants to do.&#8221;</p><p>In the event that Stern steps away from his live shows, SiriusXM will retain the rights to his library for seven years and will keep airing them. &#8220;That&#8217;s not what I want. I want Howard on air,&#8221; Meyer insisted.</p><p>Turning to his company&#8217;s results, Meyer said the business is improving after a tough slog related to the fallout from the pandemic.</p><p>During the three months ended June 30, the company, controlled by <strong>John Malone&#8217;s Liberty Media</strong>, said it added 264,000 self-pay subscribers at SiriusXM but lost 768,000 promotional subscribers.</p><p>&#8220;Paid promotional subscribers decreased due to declines in shipments from automakers offering paid trial subscriptions with the purchase or lease of a vehicle,&#8221; the company said.</p><p>Sirius ended the quarter with 30.3 million self-pay and 34.3 million total users, down 516,000.</p>]]></content:encoded>
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