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.

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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!

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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...

And Of course the Liberal media has to portray Rush like the Godfather...


UPDATE: Apparently the article on Rush is not a hit job on him. You can read it HERE. Thanks to Jammiewearingfool.