The rumors turned out to be true. In a joint press release, attorneys for CBS Radio and Howard Stern have announced that the lawsuit CBS filed against Stern has been settled.

Sirius is going to pay CBS Radio $2 million, and Stern gets back the master tapes from his 20 years of shows.

But am I missing something here? That's a clever way to word it, but what about the actual lawsuit, that Stern was sued because he promoted Sirius while still under contract with CBS Radio? It's nice he gets the master tapes, but it's almost as if they thought of that to deflect the real outcome of the settlement, which remains undisclosed by both sides.

It will be interesting to see what Stern says about this next week (unless he did it this morning, didn't catch the show). If he's even on next week because of the holiday?