
King o' the world? (Getty Images Photo)
I see the press has its tighty-whities all in knot over the report out the U.K. yesterday that Simon Cowell - SiCo - has been offered $144 million a year to continue on "American Idol."
The Post even has a banner headline, or something, seeming to suggest that it's true, and because the Post is owned by Rupert Murdoch who will presumably pay SiCo this sum, then it MUST be true.
-Photos: Simon Cowell
Except that it's highly dubious.
Let me re-phrase: I don't believe it.
Here's the graph in the Guardian story that has caused all the uproar. It's buried deep, deep, deep - as if a throwaway, as if the writer herself didn't even believe it, and I bet she didn't (the Guardian story is, by the way, quite good):
"A source close to Fuller says that Cowell has already been offered three to four times the $36m he was paid for American Idol in 2008 - but then, he is the most important person on the show and the series makes $900m a year and attracts audiences of 25 million. The point is that Cowell makes nothing more than this admittedly large performance fee and that's the gap the Green deal hopes to fill. " ("Green refers to Sir Philip Green, the retailer that SiCo's working out a deal with...)
You can almost see the writer smile as she writes these words.
Let's translate:
"A source close to Fuller..."
"Fuller," is - of course - Simon Fuller, my own Dr. Evil, who despises SiCo with all the furies of hell and beyond. He sued SiCo over patent infringement (I think it was patent infringement) over "The X Factor" and they settled out of court.
This "source close to Fuller" is repeating gossip that's been out there for weeks - and it's probably bogus gossip. Why should a "source close to Fuller" know what SiCo is doing anyway? This is hurtful information to Cowell - Dr. Evil's handiwork.
"... already been offered three to four times ..."
More bogosity! Three to four times? Vague, wouldn't you say?
Why would Rupert want to play this up? Maybe to embarrass SiCo? Who knows.
But there is NO WAY Fox is going to pay him $144M a year. Impossible. That would exceed the profit of the entire Fox network, in all probability, and wipe out whatever's left, too. It would be the highest services contract fee in TV history, by a vast margin. It would be suicidal - for Fox and for the entire TV industry. The TV industry isn't baseball and it isn't even basketball. Anyway, the last time I checked even Kobe wasn't making $144 m a year.
It would be stupid beyond stupid.
Let's get this straight: Fox knows SiCo is leaving one of these days, sooner than later. My hunch: He'll re-up for two more years beyond the season he's taping now. Gives Fox/ 19 Entertainment time to groom a successor, etc.
He'll get something far more important than mere money in return; what? Maybe an astronomical sum for "The X Factor," owned outright by our man.
SiCo's not looking for a mere $144 M a year to host "American Idol." That's chump change. He's looking to rule the world. For him, that's much more interesting.