Howard Stern is sticking with SiriusXM.

The radio host has inked a new three-year deal with the satellite radio company, he said Tuesday morning.

“I’m happy to announce that I’ve figured out a way to have it all,” Stern told his listeners. “More free time, and continuing to be on the radio. So yes, we are coming back for three years.”

Stern’s future with SiriusXM has been the topic of tabloid fodder for months, after a report earlier this year suggested that his show was about to be canceled. Stern would go on to prank his listeners (and some in the media) by hyping his return to the radio, only to have Andy Cohen sign on to announce that Stern had been fired, and that he would be taking over his channel.

Stern eventually came on and said that he and SiriusXM were still negotiating over his future. The terms of his new deal were not immediately clear, though Stern said that it was for three years and would allow him to have “more flexibility.” That suggests that his appearances may become less frequent.

His last deal was a five-year deal worth an estimated $100 million per year.

One of the most famous radio hosts in history, Stern left terrestrial radio in 2006, moving to satellite radio over the freedom it afforded him to say what he wants. He no longer hosts every weekday morning as he did when he first launched the satellite radio show, though he still goes live frequently.

SiriusXM has struck deals with a slew of podcasters and hosts in recent years as it has sought to diversify its roster of talent, but Stern has always held a special place in the company’s heart, helping to build it at a time when the technology was new and unproven, and building a premium audio subscription offering before Spotify.

“I love this company. I truly do,” said Stern. “I feel very loyal to this company. They did want me to come back, and they said, whatever you want to do, we’ll do for you. Who says that to anybody? When does your boss say that?”

In 2020, Credit Suisse analyst Brian Russ estimated that 15 percent of Stern listeners could cancel their SiriusXM subscriptions if he left the company, which at the time meant “a potential subscriber loss of 2.7 million.”

His contract is always fodder for talking heads… and himself. In a 2019 cover story for THR, he contemplated retirement: “I’m at a place now where I am trying to figure out how to spend the rest of my life, however long that might be,” he said, though he ultimately cut a new deal that reduced his workload. His latest agreement sounds like it will accomplish much the same thing.

At the same time, SiriusXM has been in the midst of belt-tightening, with the company targeting $200 million of annualized savings in 2025 and undergoing layoffs as part of that. The company has recently pointed to its better management of subscriber churn, but has seen its subscriber numbers slowly decline from around 34 million in 2020 to 33 million in the second quarter of 2025. However, SiriusXM executives had expressed a desire to keep him on the air, while noting the deal also has to “make sense.” 

“He has a lot of fans on the platform. And I’m encouraged. I think we’re going to get to the right place,” SiriusXM CEO Jennifer Witz told The Hollywood Reporter in October “And it’s really about what does Howard want? What do we want? What do our listeners want? And I think something will come together.”