[Rush attends meeting with CEO of iHeart Radio Robert Pittman]
PITTMAN: Thanks for coming in Rush, your new contact for the next eight years is coming up and we need to have a talk about that
RUSH: Ok, lets talk
PITTMAN: Well Rush, as you know by now, iHeart Radio is heading into bankruptcy court this year and its not looking good for us
RUSH: Im well aware of that, so what is your path forward for my show?
PITTMAN: Unfortunately, Rush, we have to make some big cuts in salaries in order to stay afloat so we want to renegotiate your contract to help us in that effort
RUSH: Just get to the point, Robert, since I walked into your office, I knew that you were about to tell me something that I wasnt going to like so get on with it
PITTMAN: Rush, theres no need to get abrupt with me, Im just trying to save my company and, in return, your job
RUSH: Just tell what my new contract looks like and get it over with
PITTMAN: Ok, since you are sitting aside any form of business formality, your new contract reads as such, first because of our failing company, your one hundred million signing bonus has to be set aside.
Second, we have to renegotiate the length of your contract which will be yearly instead of ever eight years also you will still very highly paid ,however, there will be a small cut in your salary
RUSH: You know Robert, from this point on, you can only contact me through my lawyer and, in the meantime, Im going to make you regret this meeting by what I say on my program and if you think you have problems NOW just wait to see how many stations and sponsors we have left
Pure unadulterated out of the box speculation because I cant explain the lunacy I hear coming out of his mouth.
223 posted on 5/3/2016, 2:09:30 PM by RetSignman (Obama is the walking, talking middle finger in the face of America)
[ Post Reply | Private Reply | To 101 | View Replies | Report Abuse]
Posted yesterday and IMO getting a little closer to the truth.
SiriusXM?
Oh my. I hate how plausible that sounds.