Glenn Beck renews contract worth $20 million per year
Radio talk show host Glenn Beck touts that he’s #3, but that’s worthy of a new $100 million, 5 year contract with Clear Channel.
The details were confirmed Monday by a person with direct knowledge of the deal. The person was not authorized to speak publicly about the deal and requested anonymity. The contract was earlier reported by The New York Times.
It marks a big pay bump for Beck. His last contract with the Clear Channel subsidiary was reportedly for $10 million a year in 2007.
The Glenn Beck Program is the nation’s third-highest rated radio show behind The Rush Limbaugh Show and The Sean Hannity Show. Those two shows are also syndicated by Premiere.
Over the past five years, Beck’s audience has grown nearly 50% and his show is carried on more than 400 stations.
Forbes magazine estimates that Beck, 48, makes $80 million a year. He parted ways with Fox News Channellast year after his TV show’s audience size shrank and advertisers staged a boycott following his comment that President Obama had “a deep-seated hatred for white people.”