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.