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Regis Philbin

Quit Over Pay Cut

1/22/2011 11:00 AM PST BY TMZ STAFF

Regis Philbin quit his show after execs told his agent they would cut his salary when his current contract expired ... sources tell TMZ. 

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Sources connected with the show tell TMZ ... Regis' agent, Jim Griffin, was talking with execs from the ABC station group about a new contract for Regis when his current deal expired.  We're told the honchos made it clear ... Regis would be getting a pay cut, partly because the show is not performing as well as in the past ... and partly because he takes a lot of time off.

Sources say Reeg is currently pulling in between $18 and $20 million a year.

Regis, we're told, was angry at the offer and that was the trigger for his announcement this week that he's leaving the show.

TMZ first reported ... Regis told Kelly Ripa about his decision 15 minutes before they went on the air.  Initially we were told she was stunned but not angry.  Now we've learned she was furious -- partly because, as one source says, "She felt it showed a total lack of respect for her."

We're told the entire production team is angry at Regis because they feel he hurt the show by blindsiding everyone.

As for Regis' agent, Jim Griffin, Reeg fired him.  We're told Regis feels Griffin did not negotiate the upcoming deal effectively.

355 COMMENTS

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301.

Doug    

Can you believe Regis 20 mil and Kelly maybe 7 mil, going on the air talking about nothing, or maybe about the dinner they had last night. Retire you old buzzard.

1335 days ago
302.

emery demech    

He needed a new co-host no talent what so ever. Ripa brought the show down. Viewer are getting tired of her ways on the show. Ripa wasn't as welcomed as the network thinks.

1335 days ago
303.

Nancy B.    

Are you kidding me? He’s upset because of X amount of millions? Or lack of? Really now…..Is he REALLY desperate for money? Doubt it! With probably most of his viewers who can’t afford his ties? shoes? suits? The economy the way it is? Many Americans struggling? losing their jobs, etc? Has he gotten so greedy? It’s really sad. Good! Good by! Reeeeeggg! So long and Good Luck. It’s especially sad since we really always liked you and thought you were so down to earth. Well, it’s time you get off your high horse.

1335 days ago
304.

sandyc    

After browsing thru the posts & seeing the overwhelming majority posting about their complete lack of respect for the man, I too can't believe the show is still on the air. I was never a big fan. I could not stand the unprofessional and rude way Regis would cut off the guests. Kelly was not rude, but her inability to stay on track, overplaying her blondeness and the show turning too much into a family affair with Mark co-hosting made her barely tolerable for me. I agree and can the hosts, keep the staff and let them start fresh.

1335 days ago
305.

Annette    

Geez, I used to like the guy but in the last few years he seems to be getting a big head. He pals around with Trump etc. and now he wants to get paid more when his show is not doing as well and he is gone all the time. Take a reality check Regis, most people would have been laid off by now and certainly not getting a raise or even the same salary.

1335 days ago
306.

stuart onsrud    

It was way overdue for Regis. Kelly is next. The first 15 minutes of every show was always about him and kelly or their families. They should have left that format to twitter. That alone began to make it very non interesting. I also often found Regis to be very arrogant. Sometimes towards the audience and sometimes toward Gelman saying don't interrupt me, it loses the audience. His attitude was also often pompous. He talked about everyone in the world but when he was talking about his family, he never mentioned his disabled son. Shame Regis, just shame.

1335 days ago
307.

mike     

"Show me the money!!!"

1334 days ago
308.

Melissa    

The man had to work one hour a day, five days a week. He was making too much all along. He should have been thankful that he had a job. It's time for him to retire and give someone else a chance to make a good living. Kelly Ripa has no reason to be angry. She's overpaid also. She spends thousands of dollars on one pair of shoes. She's living a life of riley. She even said that she never had to prepare for the show, that everyone was ready for them.

1334 days ago
309.

HARVEY    

Mark or Anderson could easily give the show the needed lift to take it back to the high ratings it used to garner. the public luvs watching Kelly bust her butt for the ratings. the men are intelligent enough to hold their own! let Gelman find a new job, aim the show toward the 18 to 49 crowd!time for a big change.
add some cling to the show that it hasn't had in the last 10 years! re-invent the show, maybe animals to the NYC groups and adoption on wednesdays!

1334 days ago
310.

affordlux    

What Regis should do is go to another network and kick ABC's ass. I love the guy! He is the quintessential New Yorker with a plethora of stories about his showbiz activities that are great to hear. All of the suggested replacements that I have read about are boring and would not entice me to tune in.. Lets get the name of the "suit" that made the decision to cut Regis's salary so that when this decision fails the suit can be fired. Remember Howard Stern and terrestrial radio? The suits there thought they were in control but the "talent" won out and now they're all looking for jobs.

1334 days ago
311.

bob    

I remember reading he was getting paid a lot of money to do the lets be a millionaire show. I think if I remember right he left because he wanted an increase there as well. I wonder how many days off a year he gets and what other perks go with this job?
I'll never watch this jerk again...

1334 days ago
312.

bob    

what can I say? this guy has made millions of dollars. According to the Wikipedia site he earns more than $21 million dollars with the new contract he signed for 2008 --2011. So maybe this article is wrong, is he getting $21 million plus for a 4 year contract?

I don't know, but anyway it's still a lot of money.

1334 days ago
313.

jill    

No talent, greedy old geezer. If there were not so many simpletons watching this crap, he would never have gotten to where he is today.

1334 days ago
314.

MLCC    

He was old enough to be her Grandfather... what were they thinking?
Seems as if he refused to do his homework, the least being to pronounce guests' names correctly. Is anyone surprised the ratings dropped?

1333 days ago
315.

Alan Carver    

I was wondering when this story would break. The truth about what happened. Why should he have to take a pay-cut when the entire show rests on his shoulders. It is Regis and Kelly. So why does he think that he should have to take a pay cut when it is his name. And the whole thing about Kelly, whatever! She has only been on the show for 10 years - HE MADE HER - she has no reason to be upset, she still has a job, and lefts face it, they are going to bring Mark Conselous to the show since everyone likes him! They are not going to do an audition process since Mark is the natural fit. The reality is that this show is beginning to show it's age and needs to go off the air sooner rather than later or at least when Regis signs off! That would be the right thing to do!

1333 days ago
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