Claim your bonus gift: give any amount to get 4 KaiPA coasters! Donate today

What ABC wants from Imus

Ashley Milne-Tyte Dec 3, 2007
HTML EMBED:
COPY

What ABC wants from Imus

Ashley Milne-Tyte Dec 3, 2007
HTML EMBED:
COPY

TEXT OF STORY

Doug Krizner: Shock jock Don Imus is back on the air this morning on ABC Radio. It’s been eight months since he was fired by CBS Radio and MSNBC for racist remarks about the Rutgers University women’s basketball team.

After the incident, Imus was generally considered in disgrace. So what does Imus have that ABC wants? Here’s Ashley Milne-Tyte.


Ashley Milne-Tyte: In a word, advertisers.

Mike Stern: I mean, he had a very solid advertising base in the show on CBS’s WFAN.

Mike Stern is news, talk and sports editor at Radio and Records:

Stern: And there’s opportunity for syndication across the country, which can generate revenue. It’s a good business proposition for them.

That’s assuming Imus’s advertisers do come flocking back. They’re banking on his celebrity guests making a return.

Stern says initially, the forthright host will depend on his closest famous friends to reappear:

Stern: After the initial furor of his relaunch dies down, I think you’ll see more and more of the guests that he used to get coming back to him.

Imus’s salary is rumored to be in the $5-$8 million range. Stern says ABC will need to syndicate the show widely to justify those numbers.

In New York, I’m Ashley Milne-Tyte for Marketplace.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.