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August 16, 2007
The Imus settlement
As noted earlier here and here, CBS settling up with Don Imus for a substantial portion of the compensation remaining under his terminated contract was inevitable. My sense is that, based on favorable market conditions, there is a good chance that Imus will end up making more money as a result of the CBS settlement and the new contrat that he enters into with another media outlet than he would have received had he worked through the term of the CBS contract.
Posted by Tom at August 16, 2007 12:00 AM |
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