American Idol judge Simon Cowell is expected to remain on Idol for at least another three seasons, according to SKX chairman and CEO Robert Sillerman.
Sillerman, in a quarterly and six-month earnings report conference call indicated that Cowell is finalizing a deal with Fox that will keep him on American Idol for another three years.
Cowell has for months implied that he was tired of continuous travel between Britain and the US – and might actually cut back on his U.S. schedule and instead concentrate more on his work in Britain.
“We’ve heard from Fox, who has asked us for approval for Simon Cowell to appear for three more years on Idol,” Sillerman explained. “They, in their negotiations with Cowell, have asked us to pre-approve him not only for ‘American Idol’ 09, which has begun taping, but they have also asked us for approval for ’10 and ’11, indicating to us that they’re finishing their negotiations with Cowell. We did grant approval for that, quite obviously.”
No financial details regarding Cowell’s contract negotiations were revealed, but rumors are that Cowell may garner something in the neighborhood of $45 million under a new deal – an increase over the reported $36 million under his current contract.
American Idol host Ryan Seacrest recently inked a three-year, $45 million deal for a return to Idol and other projects. Judge DioGuardi also has signed to return to Idol. And judge Randy Jackson is under contract through the coming season.
But the show’s connections and judge Paula Abdul apparently suspended contract negotiations when they failed to reach a meeting of the minds on her salary. Both Fox and Abdul have indicated that she will not return to the American Idol show.
But the show’s connections and judge Paula Abdul apparently suspended contract negotiations when they failed to reach a meeting of the minds on her salary. Both Fox and Abdul have indicated that she will not return to the American Idol show.
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