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Stern vows not to take a pay cut

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Howard Stern and wife Beth Ostrosky Stern arrive for the Friars Club Roast of Quentin Tarantino at the Hilton Hotel in New York on December 1, 2010. UPI /Laura Cavanaugh 
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Published: Dec. 7, 2010 at 9:16 PM

NEW YORK, Dec. 7 (UPI) -- U.S. radio star Howard Stern is criticizing Sirius XM Chief Financial Officer David Frear for suggesting he accept less than his $100 million-a-year salary.

Frear said Monday at an investors conference in New York that the company is looking for cheaper content now that it is leading the U.S. satellite-radio business. He went on to say Stern might have to accept lower pay if he is to stay on Sirius XM after his contract expires Dec. 31, The Hollywood Reporter said Tuesday.

"I am not taking a (expletive) pay cut," Stern said on his show Tuesday. "Who is this guy to say this in public?"

Stern also invited Frear to come on the show and tell him in person he's no longer worth $100 million a year when 60 percent of Sirius subscribers listen to his show, the entertainment industry trade newspaper said.

Topics: Howard Stern
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