Radio 1 breakfast host Chris Moyles has signed a new contract with the BBC reportedly worth £1 million, which will keep him with the corporation until 2014.

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The new deal quashes months of speculation, sparked by the presenter’s infamous on-air rant about pay last September, that the 37-year-old DJ was considering a move to a commercial broadcaster.

Moyles, who regularly attracts over seven million listeners a week, has experienced a new-found boon in popularity since performing his 52-hour continuous broadcast for Comic Relief earlier this year.

Radio 1 controller Andy Parfitt said: “Chris is a real talent and I believe he has a long future ahead of him here at the BBC."

The BBC could not be reached for clarification about whether or not Moyles will remain at Radio 1 for the duration of his new contract, but if he continues to present the breakfast show until 2014, he will have done so for ten years.

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Chris Moyles began presenting the Radio 1 breakfast show in 2004 after five years of afternoon drivetime broadcasting for the station.

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