Rush Limbaugh Signs Record-Setting Contract

Radio Host Renews Contract Until 2016 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... [read full story]                    

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