Even though its ratings are down this season, the companies responsible for “American Idol” are finding more ways to generate revenues from the most popular show on television, the New York Times says. The revenue and profits of “Idol” creator Simon Fuller’s 19 Entertainment from the show grew to $96 million last year from $67 million two years earlier, with gross profit margins expanding to 77% from 69% in that span, the paper says, citing financial reports.
—Jon Lafayette
‘Idol’ Raking in the Bucks
May 11, 2009 • Post A Comment
Great the producers get richer, while the below the line crew hasn’t had a raise in years. The shame is, pretty much every production in town caters food for the crew, even the ultra low budget shoots. Idol only caters for the above the line crew, producers, and stars of the show. What a slap in the face. At least so I am told wouldn’t want to get fired for letting this little secret out to the world. Hell maybe a martyr would change things for the rest of the crew. Sometimes we have to make sacrifices!