Apparently what originally looked like a TV legend retiring has now been revealed as a tornado of anger and bitterness. Â Regis Philbin, who announced his retirement last week, did not quit because he didn’t want to do television anymoreâ€¦ he quit because the network was about to reduce his paycheck. Â Regis normally makes a ballpark figure of $18 million a year, but ratings have been falling and Regis takes so much time off that it was felt a pay cut was in order.
Regis responded angrily to the news, and this led to him completely blindsiding everyone with the news that he was quitting, including his co-host, Kelly Ripa. Â Initially it was reported that Kelly said she was surprised but supportive – turns out she’s actually furious, and feels that the shock announcement was disrespectful to her and to the entire crew.
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