Producer: 'I'm ‘Nervous' Howard Stern Won’t Renew Sirius XM Radio Deal
"Howard is negotiating, but I've never gone down to the wire like this,” Gary Dell'Abate says as Stern’s final live show under his five-year, $500 million contract is due to air Dec. 17.
NEW YORK -- The Howard Stern Show's final live broadcast on Sirius XM Radio under the shock jock's current contract is scheduled for Thursday, Dec. 17, and the two sides continue to negotiate a possible extension, according to Stern's producer.
"Howard is negotiating, but we've never gone this far before," Stern show producer Gary Dell'Abate said in an appearance on radio station WFAN's Boomer & Carton show Friday, according to radio industry news site FMQB. "I've never gone down to the wire like this and everybody is nervous, including me."
Dell'Abate added that Stern wants "to continue here at satellite radio, but if it doesn't work out, the one thing he said is, 'I want to continue to do radio.' "
Sirius XM CEO Mel Karmazin on his firm's recent earnings conference call said they had no update on the Stern situation beyond saying that discussions continue.
Deal terms, including financial compensation and running time of a new contract, are believed to have been key sticking points.