Cumulus
Media, the nation's second-largest owner and operator of AM and FM
radio stations, will not be renewing the contracts of hyper-conservative
pundits Rush Limbaugh and Sean Hannity. According to Politico,
the decision comes after a breakdown of negotiations between Cumulus
and Clear Channel "over the cost of the distribution rights," and
supposedly has nothing to do with any comment made by either of the
hosts. While this is not the first time that Cumulus and Clear Channel
have had disagreements, Politico'c source, who was apparently close to
the negotiations and who declined to be identified, told the news
publication that "Cumulus is known to drive a hard bargain on costs, and
Clear Channel is known to seek top dollar for big names...Clear Channel
was unlikely to reduce the cost for distribution rights to a level that
would satisfy Cumulus." As of this morning, neither company has issued a
comment.
According
to industry insiders, however, Cumulus has already started reaching out
to other conservative personalities to potentially fill these upcoming
vacancies. Others predict that Cumulus will likely use one of their
existing talents to fill such slots, such as Mike Huckabee, Mark Levin,
or Michael Savage, Meanwhile, Hannity and Limbaugh will likely migrate
over to Premiere. It is not yet clear if either host will suffer from
decreased syndication as a result.
Limbaugh and Cumulus were already at odds earlier this year, when Cumulus CEO Lew Dickey blamed Limbaugh's tasteless comments about Sandra Fluke
for their "$2.4 million first-quarter decline in revenue related to
talk programming." Neither host has issued any sort of comment about
their negotiations with Cumulus since then.
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