Ryan Seacrest Changes Management
July 16, 2009 at 5:09 AM (PT)
RYAN SEACREST has signed with CAA after 10 years at WMA, reports THE HOLLWOOD REPORTER. "The news comes on the heels of the 'AMERICAN IDOL' emcee becoming the highest-paid reality host with a new three-year, $45 million deal to continue his duties on AMERICA's top-rated show.
"Going into the renegotiations for 'IDOL,' SEACREST had informed his long-term reps at WMA, which had just merged with ENDEAVOR to form WME, that the agency would not commission any future deals for 'Idol' or for his lucrative radio deal with CLEAR CHANNEL.
"That was not acceptable to the agency, sources said.
"The 'IDOL' and radio pacts are probably the biggest revenue source in SEACREST's portfolio, but he is also a big earner in other areas, including his wide-reaching deal with COMCAST and its E! ENTERTAINMENT, his hosting job on NEW YEAR'S EVE, and his growing production company that is behind such shows as E!'s "Keeping Up With the KARDASHIANS" and ABC's upcoming JAMIE OLIVER reality show."