Midnight Mike
2008-03-26, 07:57 PM
Sheesh! Ryan Seacrest is a money-making machine!
http://www.washingtonpost.com/wp-dyn/co ... 8032102140 (http://www.washingtonpost.com/wp-dyn/content/article/2008/03/21/AR2008032100950.html?sub=AR&sid=ST2008032102140)
He's paid an estimated $12.5 million annually just for hosting "Idol," not counting all the ancillary gigs he's lined up. Among them: a three-year, $21 million deal with E! Entertainment Network to host its special-event programming and take command of virtually all of E!'s "red-carpet" coverage -
Seacrest does a daily five-hour radio show in Los Angeles. In April, he's taking three hours of that show national, via syndication, and as part of the deal -- a rather unprecedented part -- Seacrest's advertising company retains 10 minutes of the ad time on the show to sell on its own, so that the profit goes right back to Seacrest and not through any network or syndicator. Seacrest couldn't care less about rumors of his sexual relationships, because he keeps adding corporate relationships to his repertory. "Coca-Cola; that's a very good relationship.
"I have great relations with advertisers, so I started an advertising company to sell our own time in my shows and build that business up in the next couple of months. I have several of these little companies: Ryan Seacrest Productions, 'On Air With Ryan Seacrest,' which employs about 20 people; 'Top 40' radio has a staff of about 15; there's Sea Calm, which is the radio division; and Seacrest Sales, which is our sales division. I try to run it lean but efficient.
http://www.washingtonpost.com/wp-dyn/co ... 8032102140 (http://www.washingtonpost.com/wp-dyn/content/article/2008/03/21/AR2008032100950.html?sub=AR&sid=ST2008032102140)
He's paid an estimated $12.5 million annually just for hosting "Idol," not counting all the ancillary gigs he's lined up. Among them: a three-year, $21 million deal with E! Entertainment Network to host its special-event programming and take command of virtually all of E!'s "red-carpet" coverage -
Seacrest does a daily five-hour radio show in Los Angeles. In April, he's taking three hours of that show national, via syndication, and as part of the deal -- a rather unprecedented part -- Seacrest's advertising company retains 10 minutes of the ad time on the show to sell on its own, so that the profit goes right back to Seacrest and not through any network or syndicator. Seacrest couldn't care less about rumors of his sexual relationships, because he keeps adding corporate relationships to his repertory. "Coca-Cola; that's a very good relationship.
"I have great relations with advertisers, so I started an advertising company to sell our own time in my shows and build that business up in the next couple of months. I have several of these little companies: Ryan Seacrest Productions, 'On Air With Ryan Seacrest,' which employs about 20 people; 'Top 40' radio has a staff of about 15; there's Sea Calm, which is the radio division; and Seacrest Sales, which is our sales division. I try to run it lean but efficient.