Categories: OLD Media Moves

Kudlow signs three-year deal with CNBC

Larry Kudlow, who announced earlier this week he wasn’t going to run for the Senate, has inked a three-year deal with CNBC, reports Emily Smith of the New York Post.

Smith writes, “TV insiders say CNBC didn’t want to risk losing Kudlow in an election cycle, and responded by giving him a new contract and his own lunchtime ‘Kudlow Report’ slot.

“While there are rumors that he was offered a seven- figure salary to stay at CNBC, Kudlow told Page Six the decision wasn’t about money.

“He said, ‘I thought about how much being on CNBC and doing my radio show means to me, how much I enjoy it, and I didn’t want to give it up.’

“He continued, ‘In my heart, I just wanted to stay with it. CNBC is giving me extended coverage and a broader mandate. They want me to cover the election and have a larger presence. I have a new contract, but the money side didn’t change.'”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.