Yesterday's CBS Radio vs. Howard Stern breach of contract hearing has been postponed until next week, a clerk for New York state court Judge Ira Gammerman told reporters. This delay suggests that both parties have not yet reached an agreement, but are still in talks over a possible settlement.

The hearing was postponed until May 24.

At a hearing last week, a CBS lawyer told the court the two sides were close to settling the suit, in which CBS is seeking unspecified compensatory and punitive damages for breach of contract, fraud, unjust enrichment and misuse of CBS broadcast time.

[Reuters]