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'American Idol'

Show Will Lose Money This Year

2/24/2014 6:00 AM PST BY TMZ STAFF
EXCLUSIVE

0223_seacrest_lopez_compositeIt's an enormous sea change ... one of the most successful shows in the history of TV -- a show that has made BILLIONS of dollars in profits -- will actually LOSE money this year  ... multiple sources connected with the show tell TMZ.

The reasons for "American Idol" going into the red for the first time all have to do with the bottom line.  The show pays a fortune to the stars -- we're told Jennifer Lopez gets north of $15 Mil and Ryan Seacrest gets around that amount as well.  They spent between $5 and $7 million on a new set this year.  They are also still paying the 2 executive producers they fired after last season.

In addition we're told the show will spend at least $5 million on viewer phone calls.

And ... the ratings are down 26% from last season -- and that translates into advertising dollars.  Some of the ad losses can be deferred until next season ... but they are losses nonetheless.

For years "Idol" scored hundreds of millions of dollars in raw profits in a single season.

That said ... we're told the show almost certainly will NOT be cancelled after this season.  Sources say it will be back next year, in no small part because FOX cancelled "X Factor" and there would be way too many holes in its primetime schedule if both shows went away. 

Now perspective ... "American Idol" is one of the most successful shows ever on television.  Almost no shows make it to season 13 and the ratings for the show's run have been unbelievable.

FOX had no comment.

199 COMMENTS

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31.

MrHarryBawls2016    

Mabye they can hire Piers Morgan back now that his dreadful talk show has been cancelled. I hear he is willing to work for minimum wage.

139 days ago
32.

English Bird    

Stopped watching years ago. Got boring......
I watch The Voice now, Yeah team Adam

139 days ago
33.

Umanyways    

The show will never go away. Rural areas and the friends, families, & communities of the contestants are literally obsessed with the show as if it's a new show that just started!! Plus J.Lo's fan base is insane and huge they will protest if idol is canceled. So all those people end up buying the idols merch and songs keeping the show relevant. In fact the show will continue to stay on as long as J.Lo & make Oprah Seacrest stay on. In fact it's never a show or anything without seacrest he's so perfect as a host that he makes other hosts look amateur and if they're good they're looked as a wannabe Seacrest like Mario Lopez. You'd think being a host is simple but so many eff up at it. The voice will never be the only singing comp it's always going to be American Idol, The Voice, So You Think You Can Dance, and possibly Dancing With The Stars.

139 days ago
34.

TJ    

She used Marc Anthony to breed with, then kicked him to the curb~ shameful.

139 days ago
35.

MrHarryBawls2016    

I cant believe it. This is the same show that produced Taylor Hicks...probably the greatest entertainer since Elvis Presley........

The "singers" on american idol are like The Bad News Bears of the music industry. I watched the show once,,,for about 5 minutes and cringed in embarrassment for the participants. If you want to see something funny go to youtube and watch a singer called "Red" sing Bohemian Rhapsody. The whole show stinks and its fitting that Jennifer Lopez-who can not sing herself-is one of the judges. Take this s h i t off the air.

139 days ago
36.

Umanyways    

By the way paying so much for the stage to look the same...

139 days ago
37.

Nella!    

I hate Idol and always have. They need to cancel it and play more family guy or something like that.

139 days ago
38.

jabberjaws    

Great to see the steady decline of american karaoke.

139 days ago
39.

vidsoon    

Who wants vocal advice from JLo? They should hire PhD vocal coaches for those spots or at least entrepreneurial experts in the field. I'd rather be judged by someone who has a stake in the game, not someone making 15,000,000.

139 days ago
40.

RobinD323    

This is what happens when you get yourself way to invested in a little male pervious behavior and pay 7 sluts called, the Kardashian's way too much money for a sham of a show. American Idol could still be on top but Seacrest was too busy kissing the Kardashian's asses. Seacrest clearly has his priorities confused. While we need a show where new talent is found because young artist deserve a chance. We don't need another fake reality show with a bunch of vile, fake, annoying, lying, morally corrupt women who flaunt their stupidity and lack of class to society. I see Seacrest crashing and burning over putting all of his eggs in one basket with the Kardashian family. People aren't happy and aren't watching it either..he's about to lose all the way around. I have one question for Seacrest. Was it worth it? He has made the Kardashian's a lot of money but now they have more wealth than he does. Is he stupid or what? He should have carefully controlled their contracts so they would be restricted to his show and his show only. Like many other production companies do. American Idol will end up gone and we'll still be stuck with those idiots, The Kardashian's like what is their contribution to society???? Do a poll TMZ The Kardashian Show or American Idol. Let the people SPEAK!

139 days ago
41.

Lucey    

13 Seasons and I Only Know Of The First Few American Idols. "KELLY Clarkson, Fantasia, Clay Aiken, Rubin Studdard, Phillip Phillips" Where's the rest, and why aren't they as big as they should be? Because this show only cares about making money, not about making History with Artists...

139 days ago
42.

MAX    

lets see 30 commercials an hour why would ANYONE watch

139 days ago
43.

IowaDimples    

J Lo isn't worth $15 mil. Her vocals aren't that great. She's a studio singer and mainly a dancer. Keith is a great musician but the real talent is Harry. He's been performing music since 3 and actually STUDIED it. The guy knows his stuff. But everyone knows a pair of tatas and a pretty face is all that matters. Though Harry is one fine lookin gent.

139 days ago
44.

Constance    

That's what they get for spending so much money on JLo. Contrary to what they think, she doesn't bring in viewers. I stopped watching after they did Paula dirty and stayed away because they brought JLo in. They give her $15M per season and dropped Paula because she wanted $1M...dumbasses!

139 days ago
45.

Hot Dumb Italian Mike    

Translation: next year will be the last year. Thank God!! Networks dont know when to stop beating a dead horse. I predicted this two years ago, these massive salaries for "talent" will be altered on other shows after this announcement. Alright "the Voice", you've got three years left!

139 days ago
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