Imus gets $20 million from CBS for termination


	Imus gets $20 million from CBS for termination

Hawkeye_84

8-15-2007 1:16 PM

328 views

tags:

don imus, shock jock, radio, cbs, settlement

Hawkeye_84 says:

My only question is, can this old fart possibly live long enough to spend the windfall?

Add a Comment

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from August 15, 2007

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a8ce5580-817c-4568-abdc-180c48f1b91e/8A44F732-0303-4808-AAAE-899CBD37D26D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.yahoo.com/s/nm/20070815/en_nm/media_imus_dc_4" href="http://news.yahoo.com/s/nm/20070815/en_nm/media_imus_dc_4" style="font-size: 11px;">news.yahoo.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/nm/20070815/en_nm/media_imus_dc_4"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/news.yahoo.com/img/E6F09EDD-3354-4373-AE88-1908247D31A5" alt="Radio talk-show host Don Imus speaks with Rev. Al Sharpton (not pictured) during Sharpton's radio show, in New York, April 9, 2007. U.S. broadcaster CBS settled its termination dispute with fired radio shock jock Imus on Tuesday, a possible step toward Imus reviving his multimillion-dollar career with a rival broadcaster. (Chip East/Reuters)" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/nm/20070815/en_nm/media_imus_dc_4">CBS settled its termination dispute with fired radio shock jock <SPAN 
id=lw_1187184149_0 
style="BACKGROUND: none transparent scroll repeat 0% 0%; CURSOR: hand; BORDER-BOTTOM: #0066cc 1px dashed">Don 
Imus</SPAN> on Tuesday</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/nm/20070815/en_nm/media_imus_dc_4">
<P>The Drudge Report Web site reported Imus would receive $20 million. CBS 
shares fell nearly 4 percent to close at $29.81 on the New York Stock Exchange 
on Tuesday.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/nm/20070815/en_nm/media_imus_dc_4">Imus had threatened to sue CBS for $120 million for breach of contract through 
his famed lawyer, Martin Garbus</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/nm/20070815/en_nm/media_imus_dc_4">
<P>With the CBS settlement done, focus shifted to who might hire Imus, who was 
on a five-year, $40 million contract when fired.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/8A44F732-0303-4808-AAAE-899CBD37D26D/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips