Perhaps the cast of Modern Family should go back to the bargaining table to negotiate higher raises; according to a special feature on the hit sitcom in industry trade The Hollywood Reporter, “sources suggest” Modern Family is “a $1 billion asset for producer 20th TV and network ABC.”
As the feature points out, Modern Family took in US$164 million in advertising revenue last year, which makes it “the second-most-lucrative comedy behind only Two and a Half Men.”
This summer, the cast held out for big raises, which they got (even the kids). As a result, each adult member of the cast (except Ed O’Neill, who has a separate deal) will earn US$170,000 an episode for season four, as well as a small percentage of back-end profits that will likely be far more lucrative. In addition, their salaries will escalate with each season; in season eight, each cast-member will be taking in US$350,000 an episode.
The fourth season of Modern Family premieres Wednesday, September 26 on Citytv and ABC.