According the United Kingdom’s, The Guardian, Simon Cowell of American Idol may be offered somewhere between $100 million and $144 milllion dollars per year to host American Idol after his contract expires next May. His salary last year was $36 million, while the show’s profits were in the range of $900 million for the year.
Cowell may be getting help with the negotiations by longtime friend, multibillionaire, and owner of Top Shop, Sir Philip-Green. In an article in the Boston Herald, it says the concept will to be create an opportunity for Cowell to earn money for his ideas and discovering talent, as well as appearing on the show.
American Idol is co-produced by Fox and 19 Entertainment. —http://www.nypost.com/seven/06302009/tv/enormous_money_176757.htm http://www.bostonherald.com/track/inside_track/view/20090701simon_cowell_sings_praises_of____himself/srvc=home&position=also http://www.guardian.co.uk/media/2009/jun/24/simon-cowell-philip-green