£8m X Factor contract makes Dermot O’Leary highest-paid UK TV presenter
Dermot O’Leary‘s return to The X Factor is set to make a lot of people very happy; and it sounds like Dermot O’Leary himself will be the happiest of them all.
The 43-year-old TV personality, who took a break from presenting duties on last year’s X Factor, will reportedly earn £8million across his four-year deal when he takes back the role from Caroline Flack and Olly Murs.
According to The Sun, O’Leary’s new contract on the competition show will make him the highest-paid solo TV presenter in the UK, and will also earn him the biggest pay cheque for a presenter since Jonathan Ross hosted his chat show on the BBC.
“This is the comeback of all comebacks for Dermot. Just one year after Cowell axed him, he’s signing the contract of a lifetime”, an X Factor source has said.
“It’s completely unheard of for one presenter to be paid £8million to host one show”, the source continued. “There hasn’t been a deal like it since Jonathan Ross was getting millions a year from the BBC to host his chat show. X Factor just didn’t work without Dermot. Getting him to come back was absolutely essential for its future”.
The new X Factor contract will also allow Dermot to continue working on other channels, meaning he will still be able to present his weekly show on BBC Radio 2, and BBC One’s The Getaway Car alongside Top Gear‘s The Stig, should the show be renewed for more episodes.
The X Factor will air on ITV later this year, with Simon Cowell, Louis Walsh, Sharon Osbourne and Nicole Scherzinger in the judges’ seats.