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ABC’s ‘secret’ $105M gamble on Stephanopoulos...
NEW YORK POST
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.
But now his credibility, and future, have been called into question since he admitted Friday that he had donated $75,000 to the Clinton Foundation since 2011, just as the presidential race gears up with Hillary Rodham Clinton the leading Democrat.
In a mea culpa delivered Sunday on “This Week,” Stephanopoulos, who was also a top aide in President Bill Clinton’s White House, said the gifts “were a matter of public record, but I should have made additional disclosures on air when we covered the foundation.” It was his second on-air apology in less than a week.
Sources have said ABC News execs were blindsided by Stephanopoulos’ largesse, and one TV insider noted Monday that “ABC really has all their money on Stephanopoulos.” “ABC was desperate to lock him down after Josh Elliott left,” the source said. “But network execs didn’t announce the figure because they didn’t want George to get the kind of backlash that Matt Lauer got over his huge NBC contract,” which pays him $20 million a year to host the “Today” show.
“If [Stephanopoulos] stumbles, so does the network,” the source added.
Personally I think Rush Limbaugh should get a network gig. He doesn't have any more conflicts of interest than Stephanopoulos.
Hillary: drip... drip... drip... just like the clap.
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$1,000,000-$5,000,000
Carlos Slim
Chairman & CEO of Telmex, largest New York Times shareholder
James Murdoch
Chief Operating Officer of 21st Century Fox
Newsmax Media
Florida-based conservative media network
Thomson Reuters
Owner of the Reuters news service
$500,00-$1,000,000
Google
News Corporation Foundation
Philanthropic arm of former Fox News parent company