Howard Stern not $300 million richer, lawsuit against SiriusXM tossed out

Howard SternThe self-proclaimed King of All Media was dealt a public blow today as a Manhattan Supreme Court justice shot down his lawsuit against SiriusXM.

Last year, Stern and his agent, Don Buchwald, filed a lawsuit against his employer, mere months after renewing his radio show contract for another five years. The lawsuit centered on a part of his initial contract with Sirius, which rewarded Stern based on subscriber growth. The suit contended that Stern should have been compensated for subscribers added when Sirius and XM merged in 2008. Judge Barbara Kapnick ruled today that the contract language is “unambiguous,” dismissing the suit “with prejudice.”

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