Glenn Beck signs new $100 million radio contract

LOS ANGELES Tue Jun 12, 2012 5:00am EDT

Commentator Glenn Beck arrives at the 45th Country Music Association Awards in Nashville, Tennessee November 9, 2011. REUTERS/Harrison McClary

Commentator Glenn Beck arrives at the 45th Country Music Association Awards in Nashville, Tennessee November 9, 2011.

Credit: Reuters/Harrison McClary

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LOS ANGELES (Reuters) - Radio host Glenn Beck has signed a $100 million deal with syndicator Premiere Networks Inc to continue distributing the conservative pundit's popular program for another five years, a source with knowledge of the deal said on Monday.

Beck and Premiere, a unit of Clear Channel Communications Inc, announced the agreement on Monday, but did not disclose financial details.

The conservative personality had hosted his own television show on the Fox News channel until April last year when he left amid slumping ratings. But his radio program has maintained a loyal following and a growth rate of 50 percent, adding nearly 200 stations in the last five years, according to Premiere.

"The Glenn Beck" program currently airs on 400 stations and is the third most popular radio show in the United States behind those of fellow conservative commentators, Rush Limbaugh and Sean Hannity.

Premiere and Beck's company, Mercury Radio Arts, also extended their deal under which Premiere represents Beck's Web properties - streaming video network GBTV, news and information site, e-commerce marketplace and fan portal - to advertisers and sponsors.

(Reporting By Bob Tourtellotte; editing by Gunna Dickson)

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Comments (6)
Fill wrote:
Let’s hope it is for a comedy program, otherwise, God help us.

Jun 12, 2012 5:47am EDT  --  Report as abuse
JaimeRay wrote:
This development is an extremely bad omen. Witnessing GB negotiate another contract is like driving 1,000 miles of highway lined in repugnant litter. Why does our world need even more acidic, divisive propaganda?

Jun 12, 2012 5:48am EDT  --  Report as abuse
mentalist wrote:
Good. Now he can stop selling snake oil, MRE’s & GoldLine, and get rid of his panel of chattering wratchet jaws that chime in constantly. I miss the OLD Glenn Beck. Anyone remember him from like 12 years ago? It was just him. None of these fake “sponser ads”. No other people on the program except occasional callers. No hyped up bizarre conspiracy theories. He went downhill fast about the time he got into TV. How sad. $100 million on top of the $800 million he already has? Good job Mr. Everyman”. You’ve turned into everything you hated. :(

Jun 12, 2012 5:54am EDT  --  Report as abuse
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