Sirius XM Holdings Inc (SIRI)

[kcb1904]

"But Kestenbaum said the only deal that either firm made that led to enough subscriber growth to pay for itself was the one with a certain shock jock that signed a 5-year, $500 million deal in 2004."

"Someone will make a lot of money off this company when you eliminate the debt and restructure the programming contracts that are not viable," Kestenbaum said. "Howard Stern is the exception. He's worth it."

Article casts blame on other excessive deals and exclusives with professional sports