The frontpage of the Drudge Report shows that Stern says CBS Radio will sue. I can't open the link.

The story probably comes from New York Post's Page Six column who is reporting that CBS/Infinity Chairman Les Moonves is considering a $500 million lawsuit against Stern for breach of contract, due to failing to disclose the specifics of his Sirius contract to his bosses at the time.

"When you mention the name Howard Stern to Les, his face turns red and his rage becomes uncontrollable," said a CBS insider. "And Les has a bunch of Washington, D.C., lawyers who hate Howard almost as much as he does."

Until something is official, we're gonna file this one as a "rumor" for now. 

According to The Street, there's a bit of speculation flying around that Sirius may announce a price hike at the conference call next Friday.

"Sirius has spent a fortune acquiring talent like Stern, and some investors are starting to want to see some payback on their investment. One analyst says it wouldn't be surprising to see Sirius raise its monthly rate $1 to $14. Consumers might not flinch if they think Sirius has better programming, and Wall Street can appreciate the move's boost to the top line."

Rumor has it that the Hard Rock Hotel is in discussions with SIRIUS Satellite Radio and Howard Stern to bring Howard back to the casino. They're also supposedly in discussions for a co-branded original programming agreement. Let's see what comes of this...