The New York Post's Page Six reports that CBS/Infinity chairman Les Moonves is about to launch a $500 million lawsuit against his departed shock jock Howard Stern, claiming Stern breached his contract by failing to disclose the details of his new deal with Sirius Satellite Radio while still employed by Infinity.
"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."
Three years ago, Stern called Moonves, “a snake in the grass and a guy you can't trust… you could just see it with the fake capped teeth and the phony hairdo and everything else."
Yesterday, on his Sirius show, Stern said, "I showed them a way to make money . . . I syndicated the show . . . I set record high profits for them. I did everything in this world that they never could have accomplished on their own, but [it’s] me they obsess on, and [it’s] me they go after. All hell is breaking loose over there."
