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Glenn Beck Renews Radio Deal For $100 Million Over Five Years: Report

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Glenn Beck will remain on the radio for five more years.

Beck renewed his radio deal with Premiere Networks, a unit of Clear Channel, for a reported $100 million dollars over five years. Though Beck's production company Mercury Radio Arts and Premiere would not comment on the value of the new deal, Beck's reported new contract is worth twice as much as his last deal. In 2007, his contract was reportedly valued at $50 million over five years.

Beck's "The Glenn Beck Program" typically ranks third as the most listened to radio program behind Rush Limbaugh and Sean Hannity. His program aires in more than 400 markets from 9:00 a.m. - noon, a time slot that will see some new voices including former GOP primary candidate, Herman Cain.

The new deal comes almost one year after Beck left Fox News to start his own Internet-based network, GBTV. Beck announced his departure from Fox News in April 2011, and his plans for GBTV the following month. At the time of the network's launch in September, the Wall Street Journal reported that Beck nabbed roughly 230,000 subscribers, each paying either $10 or $5 per subscription.

While Beck left the national stage of Fox News, he remains a powerful figure in media. In May 2012, Beck made the Forbes 100 Most Powerful Celebrities list. He ranked 23 with a reported $80 million in earnings.

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