Rush Limbaugh Signs Record-Setting Contract
Radio Host Renews Contract Until 2016
POSTED: Wednesday, July 2, 2008
UPDATED: 5:49 pm EDT July 2,
2008
  Getty Images |
Talk radio giant Rush Limbaugh renewed his contract with Premier Radio Networks and Clear Channel Radio, continuing syndication of The Rush Limbaugh Show, according to a press release on RushLimbaugh.com.The program will celebrate 20 years on-air in August of this year."This is exactly where I want to be, doing what I was born to do, with an amazing audience and phenomenal support from affiliate stations and sponsors," Limbaugh said on his Web site. "I’m having more fun than a human being should be allowed to have."The terms of the contract were not disclosed; however, The New York Times reported that the contract is estimated to be worth around $400 million -- or $38 million per year -- until 2016.The contract also incorporates the syndication of a 90-second commentary called the Rush Limbaugh Morning update, which airs on weekdays; The Limbaugh Letter, a monthly newsletter; RushLimbaugh.com, and Rush247.com, an online subscription service.The New York Times also reported that Limbaugh also landed a $100 million signing bonus, making Limbaugh’s contract the largest terrestrial radio contract ever signed.According to The New York Times, Limbaugh’s deal is overshadowed only by Sirius Satellite Radio personality Howard Stern, who signed a contract for $100 million for five years in 2004.The Rush Limbaugh show is heard weekly by nearly 20 million listeners over approximately 600 radio stations nationwide, and according to Chars Rahilly, president of Premiere Radio Networks, advertising an affiliate demand is at an all-time high for Limbaugh."The Rush Limbaugh Show enjoys an unprecedented platform of radio affiliates," said Rahilly."Broadcasters of Rush’s quality come along once in a lifetime," said Clear Channel Radio President and CEO John Hogan. "We’re privileged to continue our relationship, which is unprecedented in the history of our industry."
Distributed by Internet Broadcasting. This material may not be published, broadcast, rewritten or redistributed.
blog comments powered by Disqus
Three Disney employees are placed on paid leave pending the investigation into a fatal monorail crash.
Days before Austin Wuennenberg was killed in a monorail crash at Disney, he helped make a 4-year-old boy's dream come true.
A clerk at a pizzeria cut himself and falsely reported an armed robbery to cover up his drug habit, sheriff's deputies say.
A former Central Florida middle school teacher who pleaded guilty to having sex with a student is sentenced to five years in jail.
Officials investigate the first fatal accident in the 38-year history of Walt Disney World's monorail.
Thousands flock to a small church in Limerick, Ireland, to pray at the stump of a recently cut tree that many believe looks like the Virgin Mary.
Since Michael Jackson died June 25, fans from around the world have expressed their grief in flowers, balloons, teddy bears, candles, pictures and handwritten notes left throughout the city.
Email Alerts
RSS News Feeds
Mobile
Live Streams
Slideshows
Video
Search
