ALL RECORDS SMASHED: RUSH LIMBAUGH IN $250 MILLION RADIO DEAL; SIGNS THROUGH '09
**Exclusive**
The radio industry will soon be rocked, realigned and blasted into a new orbit by a record-setting deal that will crown Rush Limbaugh the highest-paid voice in the history of radio!
The ink is still wet on a contract Limbaugh has signed which will keep him at CLEARCHANNELPREMIERE through 2009, the DRUDGE REPORT has learned exclusively.
The total package is valued north of $250 million, according to sources with direct knowledge of the deal, with a $35 million signing bonus jump-starting the cash flush for Rush.
The deal gives Limbaugh a high percentage of ad revenue from his daily syndicated broadcast, already the most lucrative hours since radio’s inception.
Heard in more than 600 markets, Limbaugh’s earnings now pace him ahead of the annual salaries for Dan Rather, Peter Jennings, Tom Brokaw and Barbara Walters -- combined!
The deal represents a stunning triumph over the establishment by an outsider who connected with and captured the spirit of the nation’s heartland.
An official announcement of the Limbaugh signing is imminent, sources tell the DRUDGE REPORT.
Limbaugh smashes all radio records; topping Walter Winchell, Paul Harvey and Howard Stern, who recently signed a multi-year extension with CBSINFINITY, valued at an estimated $100 million.
Limbaugh was traveling this weekend and could not be reached for immediate comment.
Impacting Monday...
drudgereport.com |
