southsider2k5 Posted July 2, 2008 Share Posted July 2, 2008 http://www.drudgereport.com/flashrl.htm LIMBAUGH SIGNS THROUGH 2016; $400 MILLION DEAL SHATTERS BROADCAST RECORDS Wed Jul 02 2008 09:02:18 ET **Exclusive** The American broadcast industry is rocked, realigned and blasted into a new orbit, yet again, by Rush Limbaugh, the DRUDGE REPORT has learned. In what is being described as an unprecedented radio contract, Limbaugh will keep his syndicated show on-the-air and e-v-e-r-y-w-h-e-r-e through 2016 with CLEAR CHANNEL and PREMIERE RADIO. Already host of the most lucrative hours since radio's inception, Limbaugh's total package is valued north of $400 million, according to media insiders. The NEW YORK TIMES will claim this weekend that Limbaugh, marking 20 years this summer as a national host, has secured a 9-figure signing bonus for the new deal, newsroom sources tell DRUDGE. MORE In its controversial profile, the TIMES reports that Limbaugh is buying a new G550 jet and is making an estimated $38 million a year. [The cover photo of the TIMES Sunday magazine depicts Limbaugh 'dark and sinister' in a theme of THE GODFATHER.] While newspapers and traditional broadcast media are experiencing declining revenues, Limbaugh's golden microphone has turned diamond-laced: Earnings now pace him ahead of the annual salaries for network news anchors: Katie Couric, Brian Williams, Charlie Gibson and Diane Sawyer — combined! MORE The deal represents a stunning triumph over the establishment by an outsider who connected with and captured the spirit of the nations heartland. Developing... Link to comment Share on other sites More sharing options...
kapkomet Posted July 2, 2008 Share Posted July 2, 2008 Insane. Just insane. Link to comment Share on other sites More sharing options...
Soxy Posted July 2, 2008 Share Posted July 2, 2008 American "news" is in such a s***ty state. Link to comment Share on other sites More sharing options...
Cknolls Posted July 2, 2008 Share Posted July 2, 2008 Pelosi eat your heart out! Can't wait to hear the whining from the loons. Link to comment Share on other sites More sharing options...
BigSqwert Posted July 2, 2008 Share Posted July 2, 2008 I guess hatred sells. Link to comment Share on other sites More sharing options...
EvilMonkey Posted July 2, 2008 Share Posted July 2, 2008 QUOTE (BigSqwert @ Jul 2, 2008 -> 10:05 AM) I guess hatred sells. Then why is Air America on its death bed? Link to comment Share on other sites More sharing options...
BigSqwert Posted July 2, 2008 Share Posted July 2, 2008 QUOTE (Alpha Dog @ Jul 2, 2008 -> 09:12 AM) Then why is Air America on its death bed? They're not very good at hating. Link to comment Share on other sites More sharing options...
Gregory Pratt Posted July 2, 2008 Share Posted July 2, 2008 The "peace and love" at Air America. "Talk radio" politics are no good. Link to comment Share on other sites More sharing options...
Balta1701 Posted July 2, 2008 Share Posted July 2, 2008 Ok, now's the time to bring back the fairness doctrine Link to comment Share on other sites More sharing options...
Gregory Pratt Posted July 2, 2008 Share Posted July 2, 2008 Isn't the Fairness Doctrine unconstitutional? Link to comment Share on other sites More sharing options...
SoxFan562004 Posted July 2, 2008 Share Posted July 2, 2008 Anyone remember what Howard Stern's deal involved when he went to Sirius? I know $500,000,000 was thrown around, but if I remember correctly, I think a lot of that was tied into stock options so I wonder how they compare. Link to comment Share on other sites More sharing options...
Balta1701 Posted July 2, 2008 Share Posted July 2, 2008 QUOTE (Gregory Pratt @ Jul 2, 2008 -> 07:58 AM) Isn't the Fairness Doctrine unconstitutional? To answer this question seriously...it's probably would pass Constitutional muster pretty easily, because the right to broadcast over the airwaves is something controlled by Congress through its ability to regulate interstate commerce. The FCC and Congress are constantly taking steps to regulate the content sent out over those airwaves because they're broadcast freely to everyone. That's why they're able to say that you can't broadcast, oh, let's say about 7 words, you can't place nudity on the public airwaves, you can't do other things termed "Indecent" because although the government can't place limits on your ability to open up a blog and rant about something, they can place limits on what goes out over airwaves they control, and there's no reason to expect that they couldn't limit the content however they wanted. Ok, now resume humorous posting. Link to comment Share on other sites More sharing options...
lostfan Posted July 2, 2008 Share Posted July 2, 2008 I took a Rush Limbaugh this morning after I had my coffee. I felt 5 lbs lighter. Link to comment Share on other sites More sharing options...
GoSox05 Posted July 2, 2008 Share Posted July 2, 2008 400,000,000 can buy alot of pills. Link to comment Share on other sites More sharing options...
Chisoxfn Posted July 2, 2008 Share Posted July 2, 2008 Thats a lot of scratch. Link to comment Share on other sites More sharing options...
StrangeSox Posted July 2, 2008 Share Posted July 2, 2008 QUOTE (SoxFan562004 @ Jul 2, 2008 -> 10:17 AM) Anyone remember what Howard Stern's deal involved when he went to Sirius? I know $500,000,000 was thrown around, but if I remember correctly, I think a lot of that was tied into stock options so I wonder how they compare. I've heard $500M + $200M in stock options. Link to comment Share on other sites More sharing options...
mr_genius Posted July 2, 2008 Share Posted July 2, 2008 whoa that is a lot of money Link to comment Share on other sites More sharing options...
Cknolls Posted July 2, 2008 Share Posted July 2, 2008 I belive Limbaugh gets a $100 million signing bonus. Link to comment Share on other sites More sharing options...
Balta1701 Posted July 2, 2008 Share Posted July 2, 2008 QUOTE (Cknolls @ Jul 2, 2008 -> 11:53 AM) I belive Limbaugh gets a $100 million signing bonus. How much does that count against the cap? Link to comment Share on other sites More sharing options...
mr_genius Posted July 2, 2008 Share Posted July 2, 2008 QUOTE (Balta1701 @ Jul 2, 2008 -> 03:39 PM) How much does that count against the cap? Maybe the radio industry might not have enough cap room to resign Hannity. Link to comment Share on other sites More sharing options...
lostfan Posted July 2, 2008 Share Posted July 2, 2008 QUOTE (mr_genius @ Jul 2, 2008 -> 03:55 PM) Maybe the radio industry might not have enough cap room to resign Hannity. Link to comment Share on other sites More sharing options...
Rex Kickass Posted July 2, 2008 Share Posted July 2, 2008 If I was Premiere, I'd easily make that deal. Rush Limbaugh is ridiculous. But he makes a hell of a lot of money... This is actually a pretty good deal for Premiere/CC. Link to comment Share on other sites More sharing options...
Texsox Posted July 2, 2008 Share Posted July 2, 2008 What does this say about the liberal media? Link to comment Share on other sites More sharing options...
mr_genius Posted July 2, 2008 Share Posted July 2, 2008 QUOTE (Texsox @ Jul 2, 2008 -> 04:50 PM) What does this say about the liberal media? that they don't control talk radio i suppose Link to comment Share on other sites More sharing options...
Rex Kickass Posted July 3, 2008 Share Posted July 3, 2008 QUOTE (mr_genius @ Jul 2, 2008 -> 05:52 PM) that they don't control talk radio i suppose Clear Channel owns a lot of radio stations. A lot of them Over 1000 of them actually. They also have a stake in XM. They also until this year owned 40 television stations. And the people that run Clear Channel are very strong GOP proponents. They actually are "mainstream media." As much as they don't want to admit it. They also gave Air America a shot, running them in 25 markets or so, with not much success. Link to comment Share on other sites More sharing options...
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