Jul 02 2008
Rush Limbaugh; $400 Million for 4 years
According to the Drudge Report, Rush has inked a deal others dream of. My hats off to Rush! Excellence does pay!
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.
For more on this story, including his 9 figure signing bonus, go to Radio Equalizer.
