Seth MacFarlane is rolling in the dough right now.
The creator of Family Guy has closed a new deal with 20th Century Fox.
MacFarlane is now the highest-paid TV writer-producer, with his new deal possibly making him worth over $100 million.
The new deal will mean MacFarlane will stay with Fox throughout 2010. He'll be responsible for Family Guy, American Dad, and the new spinoff show The Cleveland Show.
Family Guy has turned into a $1 billion franchise, so Fox is hoping to make big returns off MacFarlane.
This deal took years to finalize, though!!!
Gary Newman, 20th TV chairman said, "It's a relief to have it done. Today marks the first time in a long time Howard Kurtzman and Neal Baseman (20th TV top business affairs execs) did not have their shoulders up to their ears with anxiety."
The WGA strike also affected negotiations when talks came to a hault and Fox decided to complete episodes of Family Guy without MacFarlene's approval. Though both sides claim the strike didn't hurt their dealings.
MacFarlane stated, "No one can afford for the strike to permanently affect the relationship with the studio that you work for. And on some level, you have to pretend it didn't happen, and at the same time continue to press ahead. But it didn't seem like anything was worth leaving 'Family Guy.' And despite all the statements to the contrary, with the lawyers getting at each other's throats, deep down I knew it would eventually be resolved in a positive way."
"I'm lucky to be at a place that creatively had been nothing less than 100% supportive," MacFarlane said. "Signing such a long contract is something I can feel good and relaxed about because I know they have tight purse strings, but they certainly give you a lot of creative freedom.
I wish I had me a TV deal like Seth's!!!
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