When The Checks Stop Coming In: Rush Limbaugh’s Radio Show Lost $5.5M In Ad Revenue After Calling Georgetown Student A “Slut”

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Rush Limbaugh’s Radio Show Lost $5.5M In Ad Revenue After “Slut” Comments

Poor Rush, literally.

According to POLITICO:

The Rush Limbaugh Program is considering ending its affiliation agreement with Cumulus Media at the end of this year, a move that would bring about one of the biggest shakeups in talk radio history, a source close to the show tells POLITICO. Should the move take place, 40 Cumulus-owned radio stations would lose the rights to the most popular talk radio program in the country. In addition, the show might be picked up by competing regional radio stations in Washington, New York, Chicago, Dallas and other major markets.

According to the source, Limbaugh is considering the move because Cumulus CEO Lew Dickey has blamed the company’s advertising losses on Limbaugh’s controversial remarks about Sandra Fluke, the Georgetown law student. In Feb. 2012, Limbaugh referred to Fluke as “a slut” because she had called on congress to mandate insurance coverage of birth control. The subsequent controversy over those remarks resulted in a significant advertising boycott.

The true extent of Limbaugh’s effect on Cumulus’s advertising revenue is not known. In an August 2012 earnings call, Dickey said Cumulus’s top three stations had lost $5.5 million, in part because of the boycott. In a March 2013 earnings call, Dickey said the company’s talk radio side had “been challenged… due to some of the issues that happened a year ago.” Nevertheless, Limbaugh remains the most highly rated talk radio host in the country.

Cumulus Media, which has a contract with Limbaugh through 2013, declined to comment for this report: “Cumulus owns the premier talk radio distribution platform in the United States and doesn’t comment on negotiations with talent under contract,” Davidson Goldin, a Cumulus spokesman, told POLITICO. Clear Channel, which distributes the Rush Limbaugh Program through its Premiere Radio division, also declined to comment.

Ahhh, well…sucks to be Rush right now.

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