Stern Stays at Sirius
In a development seen as an affirmation of the long-term viability of satellite radio, popular radio host Howard Stern has signed a deal to remain with Sirius XM Radio for five more years.
According to CNNMoney.com, Stern's new contract begins in January. He jumped from CBS Radio to then-fledgling Sirius in December 2005.
The news caused Sirius' stock to surge 6 percent.