Bubba1 wrote:C-Kwik wrote:I'd be more interested in the actual employment contract and the evidence of subscriptions and data that might help interpret what the subscription data represents in terms of if Stern brought the subscribers in, with respect to what the contract actually says. The complaint details the plaintiff's assertions in the case. It is not, in and of itself, evidence. I'm in no way saying Stern is wrong or that Sirius XM is wrong. I'm pointing out that you seem to have made a conclusion about a case in which no evidence has been brought forth. Frankly, its unlikely that you or I or anyone here will see the whole of the evidence that will be shown in court (assuming it gets that far). So can anyone claim to know who was screwed or who is right in this matter? .
I agree. I've been an avid Stern listener since he began at NBC. But I will not blindly assume Stern is right until all the evidence gets laid out, and we have not seen it all yet. I suspect it'll get settled quietly and we'll never know.
But they made a number of payments to Stern
"On January 9, 2006, the Howard Stem Show premiered on Sirius. In the
first quarter of2006, the total number of Sirius subscribers increased to 4,077,747, and by year
end, the total number of Sirius subscribers had reached 6,024,555. This figure exceeded Sirius's
internal estimate by more than 2 million subscribers, entitling One Twelve to a performancebased
stock award and Buchwald to a consulting fee equal to 10% of this amount. In accordance
with its contractual obligations, Sirius again paid One Twelve and Buchwald the amounts...."
And later they stopped making the required payments under his contract agreement