Limbaugh's living large while radio boss Clear Channel implodes


	Limbaugh's living large while radio boss Clear Channel implodes

ratilfar

5-6-2009 11:11 AM

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tags:

talk, hate, radio, rushbo, limpbalm, clear, channel, media

ratilfar says:

Cont....

The astronomical worth of Limbaugh's eight-year pact: $400 million. The amount of money Clear Channel execs have been trying to scrimp and save this year as they lay off thousands from the struggling company: $400 million. Ironic, don't you think?

Context: Clear Channel now pays Limbaugh more than NBC pays late-night ratings king Jay Leno. Who thinks Limbaugh brings in more ad revenue for Clear Channel than Leno does for NBC? FYI, The Tonight Show generates approximately $200 million annually for NBC.

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5-7-2009 6:52 AM

chestnut501

$400 Million.....that would make him an elite, fat pig, druggie, foaming at the mouth Republican wouldn't it?

5-7-2009 8:26 AM

ratilfar

The one and only....

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<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/d7899349-0d60-4455-8537-c3ee2a91c96e/DEB12FEA-E8D4-4988-A9D3-33C62786AB62/" 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://mediamatters.org/columns/200905050007" href="http://mediamatters.org/columns/200905050007" style="font-size: 11px;">mediamatters.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://mediamatters.org/columns/200905050007"><P>Drowning under <A href="http://mediamatters.org/rd?to=http:%2F%2Finsidemusicmedia.blogspot.com%2F2009%2F04%2Fhandicapping-radio-bankruptcy.html">massive debt and desperate</A>
to cut more costs, Clear Channel took an ax to its payroll -- again -- and
hacked hundreds of radio pros out the door. Program directors, morning show
hosts, production pros, news anchors -- all of them tossed over the side. A
"bloodbath," one newspaper <A href="http://mediamatters.org/rd?to=http:%2F%2Fwww.suntimes.com%2Fbusiness%2F1549357%2CCST-NWS-radio29web.article">called</A> it.
(In Albany, New York, the <A href="http://mediamatters.org/rd?to=http:%2F%2F74.125.47.132%2Fsearch?q=cache:n9D-2uNpW9sJ:www.mstreet.net%2Fpeoplemoves.asp%2BThe%2Bentire%2BClassic%2BRock%2BWPYX%2FAlbany%2Bair-staff%2Bis%2Bwiped%2Bout%26cd=1%26hl=en%26ct=clnk%26gl=us%26client=firefox-a">entire</A> on-air
staff at a Clear Channel music station was sacked; same with a radio outpost in
Exeter, New Hampshire)</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://mediamatters.org/columns/200905050007">Clear Channel, the conservative-friendly media behemoth with
a soft spot for right-wing
radio -- and which <A target="_blank" href="http://mediamatters.org/rd?to=http:%2F%2Fwww.salon.com%2Fent%2Fclear_channel%2F">emerged earlier this
decade</A> as the poster child for <A target="_blank" href="http://mediamatters.org/rd?to=http:%2F%2Fwww.youtube.com%2Fwatch?v=bVs3w4BrBSM">everything that's wrong</A>
with runaway media consolidation (aka "The Evil Empire") -- is now
hanging on for dear life.
"It's a house of cards," radio watcher and Clear Channel
expert Alec Foege recently told me, noting the company's crippling debt
payments, which are due at a time when advertising revenues are vanishing.</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/DEB12FEA-E8D4-4988-A9D3-33C62786AB62/blog/" title="blog or email this clip"><img src="http://content7.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>