Accept Regis and Kelly host Regis Philbin introduced a week ago he will retire in the finish of year. After 28 years on daytime television as well as an approaching 80th birthday, audiences did not question his decision.
It works out that his departure wasn't because of the truth that he was simply prepared to retire - it had been about money. Regis was informed that when his contract was up, he'd have to have a pay cut. He's presently generating $18 to $20 million annually.
Philbin's agent Jim Griffin was told that his client was no more getting in top rankings and required an excessive amount of time off work to carry on in the same salary.
Kelly Ripa was hit by his decision to stop, only learning of his decision fifteen minutes prior to the show broadcast. She was "stunned" (video here) but after grew to become furious in the total insufficient respect on her position as co-host.
For Regis Philbin's agent - she got an instantaneous boot to be an undesirable negotiator.
Photo Credit: Andres Otero-WENN
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