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Phillip Schofield has renegotiated his ITV contract – and will now be one of TV's highest paid stars.
He has signed a 2-year golden handcuffs deal with ITV, which will see him earning £49,000 an hour for the time he actually appears on screen.
The TV presenter, 46, hosts This Morning and Dancing On Ice as well as other one-off shows.
Insiders say he's thrilled with the deal.
‘Phillip’s hit gold,’ a source tells the News Of The World. 'He’s one of the best-loved and busiest guys in the business, and that’s reflected in what ITV are prepared to pay him.
'Bosses know he’s a housewives’ favourite and would hate to see him defect.’