(Sirius XM-News Corp. article on the prospects of Howard Stern joining American Idol updated with news and statements from the Parents Television Council)NEW YORK ( TheStreet) -- If Sirius XM ( SIRI) truly cannot afford to keep Howard Stern, could the satellite radio company's loss end up being a windfall for News Corp ( NWSA)? The New York Post recently reported that executives at News Corp's show American Idol are enthusiastic about the prospect of having Stern replace Simon Cowell as a judge on the show. The British producer will be departing from the show at the end of the season to launch the U.S. version of British singing competition The X Factor on Fox. "There's not a better job on the planet than judging that f*ing karaoke contest," Stern reportedly told his satellite radio listeners. "It might be possible, we'll see." Stern's appeal to these executives lies in their perception that the "shock jock" could be as ruthless, if not more opinionated than Cowell -- a possible asset in terms of entertainment value. People magazine reports that Idol executives may also be interested in the former head of Sony's Sony Music Entertainment and Mariah Carey's ex-husband, Tommy Mottola as a possible judge. While some speculate that Stern could end up working for both Sirius XM and Fox -- much like American Idol host Ryan Seacrest, who is currently managing a career in radio and TV -- the primary question is still whether Sirius XM, whose stock is currently worth less than a dollar, can even afford to keep Stern at his current $100 million a year salary. Daily Finance recently reported that Sirius XM's chief Mel Karmazin recently said at a breakfast at the Paley Center for Media in New York that "I would certainly like
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