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NY Post: Stephanopoulos gets $105M from ABC
Hotair ^ | 05/19/2015 | Ed Morrissey

Posted on 05/19/2015 9:32:39 AM PDT by SeekAndFind

When it emerged that George Stephanopoulos had failed to disclose $75,000 in donations to the Clinton Foundation to either the network or viewers while repeatedly covering the organization, ABC News declared that it would stand by its “chief news anchor.” The New York Post’s Emily Smith explains that they have one hundred and five million reasons to ignore their own declared standards and practices. ABC renewed Stephanopoulos’ contract last year for more than double what NBC paid Brian Williams … and it’s working out just as well:

ABC has plenty of reasons to be freaking out over the George Stephanopoulos scandal — $105 million, to be exact.

The “Good Morning America” and “This Week” anchor renewed his contract last year for $105 million, TV-industry sources told The Post Monday.

The seven-year deal — which dwarfs the five-year, $50 million contract scored by since-suspended NBC rival Brian Williams — was supposed to keep Stephanopoulos in front of ABC’s cameras through 2021.

Stephanopoulos’ contract even made the Post’s front page, in a relatively subdued manner. The headline says it best — “How George Pays the Bill”:

Today's cover: George Stephanopoulos may be a $105 million mistake for ABC. http://t.co/5oWudHLmeZ pic.twitter.com/QZQDDscZ6z

— New York Post (@nypost) May 19, 2015

Here’s a thought: perhaps the networks should pay less for news readers and more for, y’know, actual reporters. Smith writes that ABC execs got “blindsided” by the scandal, but that’s just a case of willful blindness. The network hired Stephanopoulos straight out of the Clinton administration, where he’d played the role of attack dog for the Clintons for years, and within just a few years recast him as a straight-up newsman.

(Excerpt) Read more at hotair.com ...


TOPICS: Culture/Society; News/Current Events
KEYWORDS: abcnews; clintonfoundation; stephanopoulos

1 posted on 05/19/2015 9:32:39 AM PDT by SeekAndFind
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To: SeekAndFind

That much money is intended to buy more than just a television anchor.


2 posted on 05/19/2015 9:35:15 AM PDT by circlecity
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To: SeekAndFind

Hey, for that kind of money, $75k is just an investment, like a cop giving a $20 bill to a street hood.


3 posted on 05/19/2015 9:36:09 AM PDT by CharlesOConnell (CharlesOConnell)
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To: SeekAndFind

4 posted on 05/19/2015 9:37:04 AM PDT by yoe
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To: SeekAndFind

Shaking head jpg.


5 posted on 05/19/2015 9:44:31 AM PDT by ColdOne (I miss my poochie... Tasha 2000~3/14/11)
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To: SeekAndFind
I've seen George's performances on TV.

The boy is terminally devoid of talent.

Whatever ABC is buying ofr $105 million, it's not on-air expertise wearing a bad haircut.

It's something else.
6 posted on 05/19/2015 9:44:42 AM PDT by Milton Miteybad (I am Jim Thompson. {Really.})
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To: ColdOne
RE: Shaking head jpg.


7 posted on 05/19/2015 9:48:21 AM PDT by SeekAndFind
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To: SeekAndFind

Does anyone remember the end of that Clinton campaign documentary, his first campaign, where, when he is elected, Stepinlotsofpoop is giddily orgasming on Clinton’s leg like a cocker spaniel?? My gaydar exploded like a pressure cooker bomb.

Stepinit needs to GO. There needs to be an island somewhere where we can drop Rather, Crowley, Williams, and Stepinit. To start.


8 posted on 05/19/2015 9:48:34 AM PDT by Yaelle ("You're gonna fly away, Glad you're going my way... I love it when we're Cruzin together")
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To: SeekAndFind

The value of a pretty face.


9 posted on 05/19/2015 9:48:47 AM PDT by I want the USA back (Media: completely irresponsible. Complicit in the destruction of this country.)
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To: SeekAndFind

That’s a lot of “scratch” for a Clinton shill dressed up as a “journalist”.


10 posted on 05/19/2015 9:49:48 AM PDT by windsorknot
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To: SeekAndFind

You pay people what they are worth and what they bring in to your organization. This is why professional athletes get away with being paid so much is they bring in profits that exceed what they are being paid. So my question is Stephanopoulos bringing in that much revenue over the course of the contract or did ABC bring him in at a loss? The later would be no bueno for ABC.


11 posted on 05/19/2015 9:52:05 AM PDT by Marko413
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To: Marko413

Well, what are the TV ratings and advertising dollars for his show?


12 posted on 05/19/2015 9:53:16 AM PDT by SeekAndFind
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To: SeekAndFind

$105 million is not going to him alone.
This is laundering money.


13 posted on 05/19/2015 10:09:49 AM PDT by minnesota_bound
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To: circlecity
That much money is intended to buy more than just a television anchor.

Bingo. This is the tip of the iceberg of the sorts of political payments some companies make to curry political favor. Is Stephanopoulos so absolutely perfect he's worth $105M? Obviously not. But he provides a cover, a channel, a means of laundering money for political favors. Much the same thing occurs when a politician is given a huge advance on a book which then proceeds to land with a thud (*cough* Hillary *cough*). The publishing house doesn't care about profit, it's buying political insurance.

14 posted on 05/19/2015 10:21:02 AM PDT by Flick Lives ("I can't believe it's not Fascism!")
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To: minnesota_bound

15 posted on 05/19/2015 10:21:43 AM PDT by SeekAndFind
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To: SeekAndFind

I’m tired of working for a living. I’m going in to politics. It’s the only place you can obtain huge amounts of ill gotten cash and not get in trouble.


16 posted on 05/19/2015 10:21:55 AM PDT by Organic Panic
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To: SeekAndFind

FUGS!!!


17 posted on 05/19/2015 10:28:02 AM PDT by AngelesCrestHighway
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To: SeekAndFind

;)


18 posted on 05/19/2015 11:56:06 AM PDT by ColdOne (I miss my poochie... Tasha 2000~3/14/11)
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To: circlecity

Exactly. George S. is one creepy guy.


19 posted on 05/19/2015 12:00:54 PM PDT by apocalypto
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To: SeekAndFind

I’m better looking and smarter. I’d do his job for half that amount. They’d save MILLIONS!


20 posted on 05/19/2015 12:05:38 PM PDT by navyguy (The National Reset Button is pushed with the trigger finger.)
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