A few days ago we told you that Regis Philbin was retiring from Live With Regis and Kelly. Now TMZ is reporting that Philbin didn’t really retire, instead he quit after salary negotiations fell through.
According to TMZ, a source close to the show said that Philbin’s agent, Jim Griffin, tried to get the talk show host a new contract when his current deal expired. ABC and the other powers that be, made it clear that Regis would be getting a pay cut due to the show’s dwindling viewership and the host’s plethora of off-days .
Here’s how TMZ is eporting the rest of the story:
Regis, we’re told, was angry at the offer and that was the trigger for his announcement this week that he’s leaving the show.
TMZ first reported … Regis told Kelly Ripa about his decision 15 minutes before they went on the air. Initially we were told she was stunned but not angry. Now we’ve learned she was furious — partly because, as one source says, “She felt it showed a total lack of respect for her.”
We’re told the entire production team is angry at Regis because they feel he hurt the show by blindsiding everyone.
As for Regis’ agent, Jim Griffin, Reeg fired him. We’re told Regis feels Griffin did not negotiate the upcoming deal effectively.