The contract dispute involving the adult cast of Modern Family has been resolved.
Cast members who had been on $65,000 per episode are now said to be getting around $175,000 an episode, increasing to $350,000 by season eight. Significantly, they will also receive a small cut of the show’s back-end profits.
Sources tell the Hollywood Reporter cast members have agreed to add one year to their existing seven-season contracts, and to drop the lawsuit they filed last week.
The new deals will bring Ed O’Neill’s salary pretty much in line with his co-stars (he previously made a lot more than they), but he will receive significantly more in back-end participation, making his ultimate take larger.
“It’s no surprise, but I’m of course thrilled and I cannot wait to get on stage Monday morning and start making the show again,” Steve Levitan says.
“It’ll feel great, I’m sure everybody is going to be very relieved and I hope that it’s the beginning of a great season. I feel really good about it. I’m very happy for my friends on the cast for their success, I really am.”
In 2011, Modern Family generated $164 million in advertising revenue for ABC, up 40 percent from a year earlier.
Considering the show generated $164 million last season for ABC the cast deserve to get all they can. The show is likely to make much more in syndication, online and DVD sales in the future.
Actors are over paid. All that money thay could go towards so much more rewarding areas…and not to pay off large mortgages.
Although this sounds like a lot of money for the actors, it isn’t when you consider how much money the show makes overall through advertising revenue, syndication, etc. Not to mention Charlie Sheen was making $2 million an episode back when he was on 2.5 men
Great to hear