- The Washington Times - Friday, May 26, 2006

NEW YORK (AP) — Shock jock Howard Stern regained control of the master tapes from the last 20 years of his terrestrial radio program in a settlement yesterday of a contentious lawsuit brought by his former bosses at CBS Radio.

Mr. Stern’s new employer, Sirius Satellite Radio Inc., agreed to pay $2 million to CBS Radio, CBS Corp.’s large radio subsidiary, in return for the rights to the classic recordings, according to a statement released by both sides.

“As part of the settlement, CBS Radio will receive payments relating to the conveyance of its rights in the recordings of ‘The Howard Stern Show,’ ” the statement read. “Sirius, for its part, will make a total payment of $2 million related to this conveyance.”

The remaining details of the settlement remained confidential, according to the statement.

CBS spokesman Dana McClintock declined to make any further comment, and Mr. Stern’s agent, Don Buchwald, did not immediately return a call about the settlement.

CBS Radio sued Mr. Stern in February, the latest salvo in an escalating battle between the corporation and its former star employee.

The company said he had violated his contract by improperly using his air time on CBS stations to promote his January 2006 move to Sirius.

Mr. Stern “misappropriated millions of dollars’ worth of CBS Radio air time for his own financial benefit,” the 43-page lawsuit charged.


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