Saturday, January 22, 2011

The Real Story Why Regis and Keith Olbermann Are Leaving TV

According to TMZ, the real story behind Regis Philbin and Keith Olbermann leaving TV boils down to money. Very Big Money!

Imagine that, two Millionaires angry and underpaid? Sorry but I have no sympathy for either one.

According to TMZ, Regis Philbin quit his show after ABC Execs told his agent they would have to cut his salary when his current contract expired. According to what sources told TMZ. 

The same sources connected with the show told TMZ that Regis' agent, Jim Griffin , was talking with ABC Execs from the ABC station group about a new contract for Regis when his current deal expired. 

TMZ was told that the ABC honchos made it clear that Regis would be getting a pay cut, partly because the show is not performing as well as in the past, and partly because he takes a lot of time off.

Sources say "Reeg" is currently pulling in between $18 and $20 million a year . And according to sources close to the show, Regis was angry at the $$$$$$$$ offer and that was the trigger for his announcement this week that he's leaving the show and "retiring from Show Business."

TMZ first reported that Regis told Kelly Ripa about his decision 15 minutes before they went on the air, and initially TMZ reported that she was stunned but not angry. 

Now TMZ is reporting that Kelly was furious, partly because, as one source said, "She felt it showed a total lack of respect for her."

TMZ claims that the entire production team is angry at Regis because they feel he hurt the show by blindsiding everyone. Leaving many who work for the show, and yes they all don't make millions of dollars, in a lurch.

And as for the according to ultra-Liberal Keith Olbermann, TMZ is reporting a similar situation at NBC. It was reported that Keith Olbermann was leaving his show on MSNBC with no explanation. MSNBC issued a statement that it had ended its contract with the controversial host, with no further explanation.

But today TMZ is reporting that Keith Olbermann's agent recently went to NBC complaining that nice guy Keith was underpaid at $7 Million Dollars per year. Olbermann still had close to two years left on his contract, and TMZ source say he will be paid his salary around $7 Million Dollars a year ... after he leaves.

For me, I've only watched Regis and Kelly Ripa a couple of times in all the time that they've been together. I think Kelly Ripa is as cute as they they come. As for Regis Philbin, he's what I'd consider the definition of a New Yorker. He seems like a nice enough guy who has a sort of dry wit and is always a smooth talker. 

As for Keith Olbermann, I only stomached watching his show a few times before I got the picture what he was all about.  His hatred for small town Conservative America was up front and not hidden in the least. He acted like a rabid dog at times, and he pushed the envelope as to what he tried to get away with on the air. His constant Bush bashing only fueled his hate for anyone who didn't agree with his leftist ideology.

I guess you can tell that I'm not a fan and not sorry to see him go. He ranks up there with Rosie O'Donnell in intelligent and Communist leanings.

What amazes me is that in today's economy where there are a lot of good people out of work and struggling to make ends meet, that we have Celebrities quitting their jobs because they are not making enough Millions!

And yes they actually feel "underpaid" getting $7 Million Dollars a year, what the heck is that all about?  Should I feel sorry for a Celebrity who thinks he can't make ends meet on only making $7 Million Dollars a year? Especially some hatemonger like Keith Olbermann?   NO WAY!  

For me, I can only hope that Regis and Keith Olbermann have to one day find out what it's like to live in the real world where things might be so tought that you might have to borrow from Peter to pay Paul some months just to make it through the month.

As far as I'm concerned since they're leaving TV they shouldn't be paid a dime in compensation, and honestly they shouldn't let the door hit them in the backside on the way out!

That's how I see it.



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Tom