Howard Stern claimed on his Sirius XM radio show Tuesday morning that he’s never even heard of David Frear, which would be pretty remarkable, since Frear is the CFO of the company that pays Stern over $100 million per year. In any case, Stern told his audience that Frear sounds like an idiot and just why should he be talking about how much money Stern makes anyway?
According to the Mark’s Friggin’ website, which daily publishes a detailed synopsis of Stern’s broadcasts, the radio host was quite agitated by Frear’s comments to the UBS Media Conference, particularly as reported by The Hollywood Reporter, which emphasized the idea that Stern might be taking a pay cut to stay at Sirius XM. “I’m not taking a fucking pay-cut,” Stern railed.
As the contract talks go down to the wire, Stern said he’s ready to leave after his final show of 2010 on December 16th. The way Stern sees it, he turned Sirius from a “non-business” into a business – and is the jewel in the company’s arsenal to stay in business. He’s more than paid for his salary by taking the company to 20 million subscribers.
Despite claiming not to know who Frear was, Stern insisted that he was responsible for the company being able to pay the CFO $3.3 million last year. Stern also had a suggestion for how Frear might become better acquainted with a certain part of his anatomy, but we’ll leave that for the contract negotiations.
RBR-TVBR observation: Well Howard, your paycheck at Sirius XM is public knowledge because it is so huge. Should you renew at anywhere near the current level the company will have to disclose the financial terms because it will be a material event for Sirius XM.