Glenn Beck Just Signed A New Contract For $100 Million - Business ...

Arguing With Idiots by Glenn Beck

Glenn Beck, from one of his book covers.

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Glenn Beck once said that leaving Fox News Channel, as he did in 2011, would earn him $40 million by allowing him to concentrate on his own web-based subscriber operation, GBTV. Now The New York Times reports he has signed a $100 million contract for his radio shows to appear on Clear Channel Communications stations across the country.

The move puts the pressure on Rush Limbaugh, whose advertisers abandoned him earlier this year after he called a college student a "slut" because she supported contraception coverage in healthcare plans. The Times said:

Now carried by more than 400 stations, the show typically ranks No. 3 among all news-talk radio shows, behind Rush Limbaugh and Sean Hannity, so the contract extension brings a measure of stability to local stations that carry it.

Limbaugh's contract is worth $50 million per year.* Beck's is worth $100 million over five years.

Bloomberg added that the deal "doubles" Beck's existing pay.

*Correction: This item originally said, incorrectly, that Limbaugh was paid more than Beck. Apologies.

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