Howard Stern announced this morning that he has signed a new 5 year deal with Sirius XM Radio.

Jon C. Ogg writes for 24/7 Wall St., “As we suspected, the rumors that Stern would sign an iTunes exclusive with Apple Inc. (AAPL) were false.”

It seems that Stern was the first peg because he noted that his staff have not yet signed on, but he expects that most will sign on,” Ogg writes. “There are probably going to be fewer shows as we have suspected as much of the negotiations were said to be around the workload and the schedule. The new deal is said to ‘more flexible,’ again without details.”

MacDailyNews Note: Stern has announced that his new contract allows inclusion of Stern’s show in the SIRIUS XM app for iPhone, iPod touch, and iPad.

Full article here.

MacDailyNews Note: Shares Sirius XM (SIRI) are currently up $0.10, or 7.22% to $1.41 in pre-market trading.