From our friend, kpete

MEDIA MATTERS: Limbaugh Is FINISHED: "The Damage Has Been Done"

One week after it was first reported that talk radio giant Cumulus Media might cut ties with Rush Limbaugh and pull his show from 40 of its stations nationwide, the end result of the contractual showdown remains unclear. But we do know this: The damage has been done to Limbaugh and his reputation inside the world of AM radio as an untouchable star.

By opting to publicly negotiate its contract and making it clear the broadcast company is willing to walk away from his program, Cumulus has delivered a once unthinkable blow to Limbaugh's industry prestige. (Cumulus is also threatening to drop Sean Hannity's syndicated radio show.)

Even if Limbaugh wins in the end, he loses. Even if Limbaugh manages to stay on Cumulus' enviable rosters of major market talk stations, Limbaugh comes out of the tussle tarnished and somewhat diminished.

Recall that one year after Limbaugh ignited the most severe crisis of his career by insulting law student Sandra Fluke for three days on the air, attacking her as a "slut," the talker's team announced the host was unhappy with Cumulus. Angry that its CEO had been noting in the press how many advertisers Limbaugh had lost over the Fluke firestorm (losses that continue to accumulate), an anonymous Limbaugh source told Politico the host was so angry he might walk away from Cumulus when his contract expired at the end of the year.
So, renegotiating his contract means Rush is finished? Really?