Shep Smith Gets New Contract

Announced today, Fox News anchor Shepard Smith signed a multi-year contract to continue as the channel's lead news anchor.

Smith's most recent pact with Fox News inked in 2007 was for 3 years and nets him $7 million-8 million a year.

Since Smith's newscasts dominate in the ratings, I suspect he was given a raise. Congratulations!

In the announcement by Roger Ailes, CEO at Fox News, Smith reaped high praise. Meanwhile, a comment thread at the link is chock-full of criticism. It's claimed that Smith is too liberal, too smarmy and he makes too many mistakes.