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Wednesday, January 10, 2007

Sirius hands Stern $83 million stock bonus

Sirius Satellite Radio paid shock jock Howard Stern a bonus worth nearly $83 million on Tuesday for surpassing subscriber goals set in a 2004 contract that had already turned heads with its $500 million compensation package.

The freewheeling and ribald Stern joined Sirius one year ago, jumping from the FM dial where he rose to become one of radio's biggest stars but frequently bridled at government indecency regulations and ties with his corporate bosses.

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