Recent articles
The presenters of GMTV are facing pay cuts of up to 25 per cent and shorter holidays when they sign their new contracts later this year.
Stars of the early morning show including Kate Garraway, Ben Shephard and Andrew Castle will see their salaries drop as the broadcaster tries to cope with the recession, reports the Daily Mail.
Only the show's highest paid star Lorraine Kelly, who is believed to earn £350,000 a year, will not be affected by the cost-cutting.
Ben Shephard faces the biggest drop in earnings and could see his annual pay cheque slashed by as much as £75,000, while Kate Garraway could see her salary drop by £70,000 when she enters contract negotiations in August.
The presenters also face having their holiday entitlement cut by up to 50 per cent to get more value for money.
A GMTV insider told the Mail: "They used to have much longer holidays. Some of them used to have something like 12 weeks off. I think now they are going down to six of seven.
"GMTV is saving money all over the place. In this climate the presenters will all be nuts not to accept what they have been offered."
What do you think about the cutbacks? Are they unfair or do you think the presenters already earn too much? Let us know...
- More TV: What's on later? | Big Brother news and gossip
Follow the Yahoo! Entertainment team on Twitter - http://twitter.com/YahooUKEnts
Comment on this article
Please sign in to add your comments.
User comments
bless them all! I wonder how ever will they cope with only six weeks holiday and whatever ridiculous salary they get anyway! my heart bleeds!
Posted by: ian.pateman on Tue Jun 30 09:20PM | Report abuseT.V presenters salary cut by £70k,12 weeks holidays cut by 50% ! looks like they are having a rough time in this recesion.If they don't like it i'm sure that their is some one ready to step in to their shoes and prepared to do it for much less.Even with their cut backs they aint any way near to entering the real world.
Posted by: halsallchris on Tue Jun 30 09:21PM | Report abuseI think the amount of money they get paid is obscene. Lloraine Kelly is definatley not worth the amount she gets paid - she is only on TV for a maxium of 50 mins a day. The others on GMTV isn't worth that much either, I would dred to think what they would do if they had to do what the rest of us gets paid!!!How much are the others getting if they are dropping their salaties by £70,000.I think they get paid far too much, especially that's all they do is still on the sofa talking!!! Some of us who live in the real world only get paid £15,000 per annum!!! It is a disgrace, and they expect us to feel sorry for them - I don't think so!!!
Posted by: moneybags2001 on Tue Jun 30 09:34PM | Report abuseI'm sure that they have felt 'vulnerable' in their roles for some time, they know with the current climate that their jobs are going to be under threat like us ordinary folk. It wouldn't have come as any surprise to them - the truth is 'reality' hits everyone, it doesn't matter what job you do.
Posted by: m.maggie19 on Tue Jun 30 09:36PM | Report abuseI'm sure it comes as no surprise to them that their jobs are under threat, it's what us ordinary folk are dealing with on a daily basis.
Posted by: m.maggie19 on Tue Jun 30 09:46PM | Report abuseI don't think it would come as any surprise to them that their jobs are under threat. This is what ordinary folk are dealing with on a daily basis. It's better to take a job cut rather than no job at all - beggers can't be choosers. I like Kate Garraway, it's ironic she was the presenter on 'biggest loser', turns out she'll be one of the biggest losers financially !
Posted by: m.maggie19 on Tue Jun 30 10:13PM | Report abusethey earn far to much
Posted by: sharveyuk2001 on Tue Jun 30 11:33PM | Report abuseyes they are paying too much, everything need to cut down and 25% cut out their salary so they still can afford anything that we cant.
Posted by: love65mustang on Wed Jul 01 12:05AM | Report abuseTV presenters, over rated, over priced and long overdue.
Posted by: kristencollect on Wed Jul 01 12:19AM | Report abuseToo right. why are they so special? They only do a normal job, just because they are seen on television, why should they get paid huge amounts of money, and be given 12 weeks holiday? Welcome to the real world!
Posted by: ascotgrove5 on Wed Jul 01 07:30AM | Report abuse