Limbaugh signs $400M contract

Discussion in 'General Discussion' started by CharlestonChad, Jul 2, 2008.

  1. CharlestonChad
    Offline

    CharlestonChad Baller Deluxe

    Joined:
    Jul 2, 2006
    Messages:
    1,845
    Thanks Received:
    126
    Trophy Points:
    48
    Location:
    Charleston, SC
    Ratings:
    +128
    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®
     
  2. CharlestonChad
    Offline

    CharlestonChad Baller Deluxe

    Joined:
    Jul 2, 2006
    Messages:
    1,845
    Thanks Received:
    126
    Trophy Points:
    48
    Location:
    Charleston, SC
    Ratings:
    +128
    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.
     
  3. random3434
    Offline

    random3434 Senior Member

    Joined:
    Jun 29, 2008
    Messages:
    25,903
    Thanks Received:
    7,188
    Trophy Points:
    48
    Ratings:
    +7,194
    That will buy him a TON of pills!
     
  4. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    oops wrong thread
     
  5. doeton
    Offline

    doeton Senior Member

    Joined:
    Mar 27, 2008
    Messages:
    1,213
    Thanks Received:
    65
    Trophy Points:
    48
    Ratings:
    +65
    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).
     
  6. AllieBaba
    Offline

    AllieBaba BANNED

    Joined:
    Oct 2, 2007
    Messages:
    33,778
    Thanks Received:
    3,648
    Trophy Points:
    0
    Ratings:
    +3,650
    Good for Rush. He works hard, and obviously he has a huge audience. People think conservatives are a minority...but they're wrrrroooonnnngggg.
     
  7. Shogun
    Offline

    Shogun Free: Mudholes Stomped

    Joined:
    Jan 8, 2007
    Messages:
    30,495
    Thanks Received:
    2,224
    Trophy Points:
    1,043
    Ratings:
    +2,260
    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.
     
  8. AllieBaba
    Offline

    AllieBaba BANNED

    Joined:
    Oct 2, 2007
    Messages:
    33,778
    Thanks Received:
    3,648
    Trophy Points:
    0
    Ratings:
    +3,650
    I wish somebody would pay me a hundred quadrillion for my opinion on things.
     
  9. Shogun
    Offline

    Shogun Free: Mudholes Stomped

    Joined:
    Jan 8, 2007
    Messages:
    30,495
    Thanks Received:
    2,224
    Trophy Points:
    1,043
    Ratings:
    +2,260
    no shit.


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

    doeton Senior Member

    Joined:
    Mar 27, 2008
    Messages:
    1,213
    Thanks Received:
    65
    Trophy Points:
    48
    Ratings:
    +65
    it would be a swweet job.
     

Share This Page