Monday, July 13, 2009

Ryan Seacrest Gets a Hefty Pay Hike

American Idol host Ryan Seacrest has signed a new deal with the reality show that will make him the richest reality TV host. His three year contract will provide him with a hefty $15 million a year making his three year contract worth $45 million.

Under this new agreement, Seacrest will also be exclusive to CKX, parent of Idol producer 19 Entertainment, in broadcast TV primetime to host “Idol” or any CKX-produced show that might succeed it. He will also continue to be E! Entertainment's main anchor and continue to produce Keeping Up With The Kardashians.

The new deal more than triples Seacrest's previous salary which was formerly about $5 million a year.

Judge Simon Cowell is negotiating his new contract demanding about $100 million a year. American Idol is still working on the contracts for the other judges Randy Jackson, Paula Adbul and Kara DioGuardi.

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