SIRI Sirius XM Holdings Inc

By Anne Steele 

Howard Stern has signed on for another five years as a producer and host with Sirius XM Holdings Inc. and will launch the satellite radio service's first video programming venture.

Mr. Stern and the company announced the agreement Tuesday, which also gives SiriusXM exclusive use of Mr. Stern's career audio and video for 12 years.

The company said video plans, which will be detailed later, will include footage of "The Howard Stern Show" as well as the Howard Stern archives and special programming. Mr. Stern said in a news release that "the baby we are about to have is our new streaming video app."

Mr. Stern made the leap to satellite from terrestrial radio in 2004, a move seen as a boon for the then-nascent medium.

In 2012, a New York judge threw out Mr. Stern's lawsuit against his employer over alleged breached of contract regarding stock awards. Mr. Stern's production company as well as the radio personality's agent claimed they were owed $330 million for helping boost subscriber levels.

SiriusXM, which had about 600,000 subscribers when Mr. Stern first signed, today reports about 29 million.

Write to Anne Steele at Anne.Steele@wsj.com

(END) Dow Jones Newswires

December 15, 2015 09:33 ET (14:33 GMT)

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