Subject: Re: SIRI
Just a hunch on possible catalyst....

It's highly unlikely SIRI renews Howard Stern's contract which expires in December. Feels a little like the Colbert situation on a bigger scale.

The economic benefits of Stern, in very recent years, are highly questionable. As well as the present administration political consequences...

This could be beneficial for projected cash flows...Stern makes about $90 million per year from a company with gross revenues about $9 Billion.

IMO It's possible SIRI and Stern will come up with a deal paying Stern a small fraction of his present pay for the right to rebroadcast much of his material.

Still..I personally wouldn't touch this. It's not a great business. But just FYI..