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 nation's heartland.

Developing...

DRUDGE REPORT 2008®

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Nomdeplume-"you are just upset because I fuck all you lefties up the ass without lube."

Good for him. At 38 million a year salary, he has to be one of the highest salaried workers in the country. I don't think top fortune 500 ceo's get salaries that high.

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Nomdeplume-"you are just upset because I fuck all you lefties up the ass without lube."

That will buy him a TON of pills!

oops wrong thread

i was curious on that one CC

Big Paychecks - Forbes.com

he chief executives of America's 500 biggest companies got a collective 38% pay raise last year, to $7.5 billion. That's an average $15.2 million apiece. Exercised stock options again account for the main component of pay, 48%. The average stock gain was $7.3 million.

The highest-paid boss of the 500 companies we tracked: Apple (nasdaq: AAPL - news - people ) chief Steve Jobs. He drew a nominal $1 salary but realized $647 million from vested restricted stock last year.

The next four top-paid chief executives also earned most of their pay from exercised stock options: Ray Irani of Occidental Petroleum (nyse: OXY - news - people ) ($322 million total pay), Barry Diller of IAC/Interactive Corp (nasdaq: IACI - news - people ) ($295 million), William P. Foley of Fidelity National Financial (nyse: FNF - news - people ) ($180 million), and Terry Semel of Yahoo! (nasdaq: YHOO - news - people ) ($174 million).

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The whole aim of practical politics is to keep the public alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

HL Mencken (1923)

Good for Rush. He works hard, and obviously he has a huge audience. People think conservatives are a minority...but they're wrrrroooonnnngggg.

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Poor Spot! He was tired of being thought of as stupid. "I'm gonna join Mensa," he said to myself, "and then I'll be legally permitted to wear the society's insignia--a tattoo of a little map pin pushed into my flesh--and then everyone'll know that I'm not dumb at all!"
Spot Joins Mensa
by James "Kibo" Parry

good for rush. Like any entertainer, he found his niche. Dont like it? Dont listen to him.


and I happen to think he is a Sebaceous gland on the ass of our society but, hey, fuckit. it's not my money paying his salary.

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He's like a maniac with a shotgun that doesn't run out of ammo.

I wish somebody would pay me a hundred quadrillion for my opinion on things.

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Poor Spot! He was tired of being thought of as stupid. "I'm gonna join Mensa," he said to myself, "and then I'll be legally permitted to wear the society's insignia--a tattoo of a little map pin pushed into my flesh--and then everyone'll know that I'm not dumb at all!"
Spot Joins Mensa
by James "Kibo" Parry

no shit.


I could stir up all kinds of shit on the radio too, dammit.

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He's like a maniac with a shotgun that doesn't run out of ammo.

it would be a swweet job.

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The whole aim of practical politics is to keep the public alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

HL Mencken (1923)

If that's straight income you know he's sending about half that $400 million to Uncle Sam...basically the same as if you won the lottery...the government is your sticky-fingered "partner" in everything you make...

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"You can take from A and give to B if B pays more taxes?"
~Justice Antonin Scalia on Kelo v. New London

"We are fast approaching the stage of the ultimate inversion: The stage where the government is free to do anything it pleases, while the citizens may act only by permission – which is the stage of the darkest periods of human history, the stage of rule by brute force." ~Ayn Rand

man, if they offered me that 400 mill i knew the gov was going to get half.

i'd just tell em no thanks.

seriously.

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The whole aim of practical politics is to keep the public alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

HL Mencken (1923)

Not me.
I could do a lot with 200 mill.

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Poor Spot! He was tired of being thought of as stupid. "I'm gonna join Mensa," he said to myself, "and then I'll be legally permitted to wear the society's insignia--a tattoo of a little map pin pushed into my flesh--and then everyone'll know that I'm not dumb at all!"
Spot Joins Mensa
by James "Kibo" Parry

Yeah, right.. like Rush Limbough doesn't even know an accountant.

The top rate is 35%. Nobody who isn't in a coma pays it.

That's hardly his entire income anyway.

Books, endorsements, speeches? The man probably makes $100 M a year.

He pays a lot of taxes though, I'll give him that.

How will be live then? A mere $20MM a year.

He's domiciled here in Florida however. We don't pay much tax down here.

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The empiricist will change his opinion in light of contrary evidence. The ideologue will retain his opinion despite contrary evidence.