Stern will be fine. Sirius XM will be fine. Investors -- while they wait out the process -- will be fine. The stock is now trading for less than 7 times next year's projected earnings with a 5.1% dividend yield. Stern isn't likely to come back to Sirius XM on the cheap, but investors can do so right now.

Stern can’t stand SiriusXM colleague Alex Cooper, the host of the podcasting behemoth Call Her Daddy, because of how big her empire has gotten, according to the U.S. Sun. The animosity runs so deep that SiriusXM works to keep them apart whenever the Los Angeles-based Cooper visits SiriusXM’s New York offices, according to the paper.

Legendary radio host Howard Stern faces an uncertain future at SiriusXM as his contract is set to expire, according to multiple reports.