CBS Radio filed suit against Howard Stern for compensatory and punitive damages for multiple breaches of contract, fraud, unjust enrichment, and misappropriation of CBS Radio’s broadcast time. CBS also seeks damages from Sirius Satellite Radio, Inc. for unfair competition and tortious interference with Stern’s CBS contract.
The lawsuit alleges that “Howard Stern repeatedly and willfully breached his written contract with CBS Radio over the last 22 months of that contract, misappropriated millions of dollars worth of CBS Radio airtime for his own financial benefit.” CBS also ascertains that “by engaging in continuous promotion of Sirius on CBS Radio airtime without any payment by Sirius to CBS for these advertisements and by pocketing over $200 million dollars for his personal benefit, Stern misappropriated millions of dollars worth of CBS Radio airtime for his own financial benefit.”
Prior to the lawsuit’s filing, Howard Stern held a press conference in New York claiming the lawsuit is a personal vendetta against him by CBS Chief Executive Officer Les Moonves.
“I’m offended. I really do think this is a personal vendetta. Les has had it in for me for a long time. I don’t deserve it,” Stern told a news conference.
“They’re floundering,” Stern said, adding that talk of a suit was meant as a distraction from CBS Radio’s problems.
Stern claims CBS made millions of dollars of him and added to the media attention surrounding his Sirius move by booking him on several CBS TV shows, including “60 Minutes” and “Late Show With David Letterman.”
“The Battle of All Media” has begun. Can the King prevail?