Howard Stern says his current lawsuit against Sirius XM is the most “disturbing” professional conflict he’s ever encountered.
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Stern made an impromptu statement regarding the suit on Wednesday morning’s Howard Stern Show after news of the litigation broke Tuesday afternoon.
“I am suing Sirius XM. That’s true…I have never, ever gotten on the air and discussed my financial situation. That’s something I don’t do. There are some things I don’t talk about, and this ties in with my financial situation. So, I’m really not going to give you a long explanation. But, regardless you know me. I’m an honest guy. I always operate from an honest place. You can trust me with–with just about anything. I know one thing: I’m an honest guy who believes in fairness, and so I believe I’ve been dealt with unfairly and so that’s a lawsuit. And it causes me great pain to sue the company I work for and obviously it’s not very comfortable, but nevertheless I had to do it and that’s really the entire statement…I believe there’s a dispute and I never ask for anything that isn’t mine.”
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Howard Stern is suing Sirius XM for withholding stock bonuses promised to him in his original contract 2006 contract. Stern was supposed to receive stock incentives based on the number of subscribers that he brough to Sirius XM, but Stern’s suit says that the satellite radio company has attributed only a fraction of their current 20 million subscribers to Howard Stern’s efforts.
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Stern’s tone remained even and calm during the discussion, but when a caller compared Stern’s latest battle to his previous disputes with other employers, the King of All Media let his audience know that there was plenty of tumult raging aneath his curly locks.
“I’ve encountered things before that are disturbing, but not as disturbing as this.”
Stern declined to discuss further details, stating:
“Believe me. I’d love to. I’m trying to use my head…You know me, I got something in my head and I want to say it. That conversation is going on in my head right now. It’s not pleasant.”
Sirius Satellite Radio (now Sirius XM) had an estimated 600,000 subscribers when Howard Stern signed on with the company in 2006. In September 2010, Sirius XM celebrated their 20 millionth subscriber.
See photos from the September 2010 Paul McCartney concert celebrating Sirius XM’s 20 millionth subscriber
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