Posted by The Blogging Desk on Mon, Sep 13, 2010
NYDaily News:
Stern's five-year deal with Sirius ends in December. Sirius XM CEO Mel Karmazin, a Howard fan, says he wants Stern to re-up.
But at 56, Stern says he may want to work less than he does now, which is four days a week, 39 weeks a year.
To which Karmazin may say, "Less work, less money." Sirius now pays $100 million a year for Stern, though that covers all show expenses and not just his salary.
Stern says he has loved Sirius and would like to stay. But late last week he said, "It's probably not going to happen."
What could happen, he has suggested, is starting his own Internet podcast, available by subscription.
He could become an app.
First of all, how amazing is that picture, right? Now onto business. The NY Daily News goes on to say that at $5/month, with a low estimate of about a million subscribers, Stern would be making around $60M/year.
He'd be foolish not to. How many Stern fans would love to grab a free app, enter in your credentials and stream his show live, or any any recent shows at their own leisure? I'd plunk down a few dollars for that. Plus, it would mean one less bag of Cheetos a month for myself.
Stern could set his schedule himself, take as many days off as he wants, and know that fans are only paying the cost of a movie rental per month to get a chance to listen to him live. Who knew we'd be living in a fantasy land where a radio show host could possibly run his entire network based on one Apple app?