Rush Limbaugh= $400 million???

Who says radio is dead?

On the verge of the 20th anniversary of his conservative talk show, Rush Limbaugh has re-upped with Clear Channel Communications and the deal worth some $400 million to rant on through 2016 -- that's the next three presidential elections and everything in between.

Word of this phenomenal payday -- almost certainly the richest in radio and rivaling even that of even network TV stars like David Letterman -- comes from the New York Times, which interviewed Limbaugh for an article for the Sunday magazine published online Wednesday.

The Times' Brian Stelter reports that Limbaugh's $50 million a year paycheck is a hefty raise from his $14.4 million annual salary in an eight-year contract that ends next year.