A decade ago, Howard Stern surprised the media world by leaving terrestrial radio — where he had a huge audience but faced constant headaches over censorship issues — for the relatively new and unproven world of satellite radio.

Now he has made news again by staying put.

On Tuesday, SiriusXM announced that it had renewed its contract with Mr. Stern, extending his show for five years and ending speculation on Wall Street about whether Mr. Stern would abandon satellite radio for some other new media frontier.

The new deal with SiriusXM, which takes effect at the start of 2016, includes some nods toward new technologies. In addition to extending Mr. Stern’s time with his signature radio show — which, as always, mixes puerile humor with in-depth celebrity interviews — the deal also includes a 12-year agreement for Mr. Stern’s audio and video archives, as well as new video programming that will be distributed by SiriusXM through an app.

Financial terms of the deal were not disclosed, though several analysts said they expected the new contract to be slightly more than the last one. Mr. Stern’s current contract, which does not include a video component, has been estimated at $80 million a year for production costs and the salaries of Mr. Stern and his staff.