SIRI Update — No News from Howard Stern Today

Posted on Thursday, November 18th, 2010

A report on TheStreet.com stated that the jewel in Sirius XM’s (Nasdaq: SIRI) crown, Howard Stern, was planning to make an announcement today about his future with the satellite radio provider.

Sirius XM spokesperson, Patrick Reilly said that the whole thing was a big misunderstanding between TheStreet.com and comments made by Sirius XM’s CFO, David Frear in response to a question about Stern’s future.

Responding to a question about Stern and his contract, Frear asked whether the person was a Sirius XM subscriber. When the inquisitor said she wasn’t, Frear told her to go “buy a radio this afternoon” so she could tune into Stern’s show, according to Reilly.

Twitter was abuzz with Howard Stern talk this afternoon And even if nothing new was reported today, there are still plenty of lingering questions about Stern and Sirius’s future — with or without him.

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