GMTV stars hit by massive pay cuts

Tue Jun 30 11:15AM by TV Editor

Kate Garraway

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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...

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  • (11)

    About time too! These are all well paid jobs and it is like anything else..........put up with it or move out of the way (and let someone else have a shot).

    Posted by: roy.lowe.1 on Wed Jul 01 02:12PM | Report abuse
  • (12)

    So they should have a pay cut they get far too much pay for what they do

    Posted by: buntyandsparks on Wed Jul 01 02:34PM | Report abuse
  • (13)

    good time to get rid or reduce salaries, all TV companies are struggling(except BBC) so who would take them on - offer them substantially lower pay and if they don't like it then get someone who's willing to do it at £15k p.a. - loads of cheap untapped talent out there

    Posted by: richardparry89 on Wed Jul 01 03:05PM | Report abuse
  • (14)

    they earn far too much,

    Posted by: grifftonner on Wed Jul 01 08:09PM | Report abuse
  • (15)

    Presenters earn far to much money

    Posted by: mariekitney on Wed Jul 01 08:31PM | Report abuse
  • (16)

    Err Johnathan Ross is on 10 x what any of these are on and Ross is a twa#

    Posted by: ndrwlaws on Thu Jul 02 12:50PM | Report abuse
  • (17)

    Welcome back to the real world, Its about time footballers came back into the real world too.

    Posted by: evilc1956 on Thu Jul 02 10:04PM | Report abuse
  • (18)

    Good, footballers next........

    Posted by: fajkisj on Thu Jul 02 10:07PM | Report abuse
  • (19)

    I think it is enevitable that pay cuts come when you are overpaid, At times when people are luck to have jobs I think they should be thankfull that they have such a cushy job, they ought to try running around ASDA doing the home shopping job from 5am -12am now thats hard going. Get a life and be thankfull

    Posted by: hidragonjo on Fri Jul 03 08:06AM | Report abuse