Did Severin take a pay cut?
From Jessica Heslam's interview with Jay Severin in the Boston Herald:
Severin referred questions about the conditions of his return — including whether he took a pay cut — to his agent and attorney, George Tobia. Tobia declined to comment on the conditions, saying simply, "Jay is very excited to be back in the fold on his station. He loves working there and he’s excited about doing a great show for WTKK."If the answer was "no," wouldn't Severin and Tobia just say "no"?
From Eric Moskowitz's story in the Boston Globe:
As have others who have followed the issue from both sides, [El Planeta managing editor Marcela] García speculated that the suspension had as much to do with Severin's reported $1 million annual salary and his recent drop to 14th in the ratings as with his particular remarks. A spokeswoman for Greater Media Inc., has confirmed that WTKK's parent company and Severin are in negotiations.Negotiating over what?
Keep your eye on the big picture. From the beginning, this has sounded more than anything like the story of a troubled media company — and keep in mind that all media companies are troubled — trying to get out of a contract it agreed to in the midst of an entirely different economic climate.
I don't think we're going to see any $1 million-a-year local radio hosts anymore. It must be particularly galling for Greater Media to have to pay Severin that much to come in last in his two-person race with WRKO's Howie Carr.
No doubt Severin's ratings on Tuesday will be spectacular. We'll see if he can sustain it.
Labels: Howie Carr, Jay Severin, talk radio, WRKO, WTKK


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