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In reply to the discussion: Finally! My God I am really enjoying this! [View all]freshwest
(53,661 posts)54. I'm sorry. Don't read the following. Millions are selling/buying it. Literally:
Struggling Clear Channel Doubles Beck's Pay With $100 Million Contract
June 13, 2012 11:01 AM EDT ERIC BOEHLERT
One year after landmark New York City talk station WOR yanked Beck's show due to poor ratings, and one year after Beck has failed to find a replacement affiliate in the market that plays home to Madison Avenue, Beck just signed a five-year contract renewal with Clear Channel's syndication company, Premiere Radio. The company not only gave Beck a raise, but doubled the talker's contract to a reported $100 million...
And yet Clear Channel, the conservative-friendly media behemoth with a soft spot for right-wing radio, just doubled Beck's deal to a reported $100 million, while the struggling company remains buried under an eleven-figure mountain of debt...
Question: Why is Clear Channel, now owned by Bain Capital, so anxious to compensate two of its right-wing talk show hosts nearly $60 million each year. In terms of context regarding the entertainment industry economy, that $60 million is nearly identical to what late-night hosts Jay Leno and David Letterman make each year, and they bring in nearly half-a-billion dollars in advertising revenue annually for their TV bosses...
More mind-boggling data at the link:
http://mediamatters.org/blog/2012/06/13/struggling-clear-channel-doubles-becks-pay-with/151456
June 13, 2012 11:01 AM EDT ERIC BOEHLERT
One year after landmark New York City talk station WOR yanked Beck's show due to poor ratings, and one year after Beck has failed to find a replacement affiliate in the market that plays home to Madison Avenue, Beck just signed a five-year contract renewal with Clear Channel's syndication company, Premiere Radio. The company not only gave Beck a raise, but doubled the talker's contract to a reported $100 million...
And yet Clear Channel, the conservative-friendly media behemoth with a soft spot for right-wing radio, just doubled Beck's deal to a reported $100 million, while the struggling company remains buried under an eleven-figure mountain of debt...
Question: Why is Clear Channel, now owned by Bain Capital, so anxious to compensate two of its right-wing talk show hosts nearly $60 million each year. In terms of context regarding the entertainment industry economy, that $60 million is nearly identical to what late-night hosts Jay Leno and David Letterman make each year, and they bring in nearly half-a-billion dollars in advertising revenue annually for their TV bosses...
More mind-boggling data at the link:
http://mediamatters.org/blog/2012/06/13/struggling-clear-channel-doubles-becks-pay-with/151456
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Glenn Beck will make all the pieces of crap fit together, as always. Expect Nazis:
freshwest
Jul 2012
#19
I'm sorry. Don't read the following. Millions are selling/buying it. Literally:
freshwest
Jul 2012
#54
The latest may be as soon as tonight when Romney gives his interviews with the networks
lunatica
Jul 2012
#3
The republics thought they could get away with choosing Gordon Gecko to run against Obama.
pacalo
Jul 2012
#5
His company has been hurting people for years. You know what? Payback is a bitch.
southernyankeebelle
Jul 2012
#12
He is just the first let's hope many of the teapublicans get their paybacks also.
southernyankeebelle
Jul 2012
#41
It was bad enough that he got caught bringing his own black people to the NAACP
proud2BlibKansan
Jul 2012
#18
We've got a long way to go....114 days till the election or something like that....
a kennedy
Jul 2012
#43