Get THE Screen Obsessed TV Buzz:
TMZ reports that hit reality TV
show juggernaut ‘American Idol‘ is actually going to LOSE money this season. Apparently, Jennifer Lopez is earning “north of $15 million” a year, as is host Ryan Seacrest. The new ‘American Idol’ sets are said to have cost between $5 – 7 million. To add insult to injury, viewership is down by 26% this year.
I wonder if that will change now that the 2014 Olympics are over? A lot of people stop watching their regular shows during this time. ‘American Idol’ might see a bump. Despite this loss, sources tell TMZ Fox is not going to cancel the show. Since they just canceled ‘X Factor,’ canceling ‘American Idol’ as well would leave them with too many “holes” in their schedule. Something tells me Jennifer may be on her way out, however, if she doesn’t accept a pay cut next season. Ryan is a permanent fixture on the show! Well, this is just a reminder that nothing lasts forever. ‘American Idol’ has been a powerhouse for 13 years. Nothing can diminish that.
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