Ryan Seacrest, ubiquotous host of “American Idol,” is putting the finishing touches on a contract extension with “Idol” co-producer 19 Entertainment to continue to emcee the top series on TV.
According to The Hollywood Reporter…
The pact, which is believed to be for three years, will give Seacrest a major pay raise and make him one of the highest-paid reality hosts on television. He made slightly less than $5 million this season for his work on “Idol,” which breaks down to about $100,000 per episode.
Additionally, Seacrest is said to be expanding his relationship with 19 Entertainment, possibly to develop series with 19 principal and “Idol” creator Simon Fuller.
“Idol” is produced jointly by 19, Fremantle and Fox. All declined to comment on Seacrest’s new deal, as did his attorneys at Hansen Jacobson, but the agreement is expected to be announced Monday. More…