Howard Stern has had a $330 million court case dismissed, the shock jockey disappointingly finding out that Sirius XM Radio Inc were not guilty of failing to pay out stock awards he felt he was due for helping the US satellite radio company go beyond growth targets. Stern's argument was that his arrival to the company in 2006 helped boost subscriber ratings to the station and stats point out that in 2005 Sirius had 3.3 million whereas at the end of 2011 they had 21.9 million. Stern renewed a contract for his show with them in December 2010 for five years, only to file this lawsuit three months later.
However, a New York State Judge ruled "While it may be true that Stern and [his agent Don] Buchwald hoped and expected to reap the benefits from any significant growth that Sirius experienced after they entered into the agreement, that subjective expectation cannot suffice to override the clear, unambiguous language of the agreement."