According to The New York Times, CNN Headline News host Glenn Beck is about to watch his net worth skyrocket—thanks to his continued popularity in talk radio.
“Premiere Radio Networks, a subsidiary of Clear Channel Communications, is expected to announce today that it is extending Mr. Beck’s contract,” the paper reported today. “Two sources with knowledge of the deal said it was valued at $50 million over five years, through a combination of salary and profit-sharing from syndication.”
At the same time, Mr. Beck is continuing to enjoy success in television. Last week, Ken Jautz of CNN Headline News told TVNewser that Mr. Beck’s show had its best month ever in October, and is up 50 percent in year-to-date viewers. As of tonight, Mr. Beck will face fresh competition from within his own network when CNN moves Lou Dobbs Tonight, CNN’s second highest rated show, to 7 PM.