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The only way Paula Deen is making $17 million per year is if she owns part of her own shows. I suppose she drove a hard bargain when negotiations came up with FN.
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re: John E.
Paula's shows are produced by Follow Productions, Gordon Elliot's company. Many of the FN (cable in general) are produced by outside production companies. I suspect the financial arrangements vary from show to show, depending on how much leverage the producer and star have.
http://www.followproductions.com/
We've been told that Good Eats is a money looser for Alton's production company, with book sales and speaking fees making up for its losses.
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It's all about owning a group of restaurants and/or having a popular TV show, or two or three. Actually cooking food or running a kitchen in someone else's restaurant is small stuff financially.
"Chef" is just mediaspeak for all kinds of cooks as long as they're on TV.
Does it bother anyone else that Americans say "restaurantoor" instead of "restaurateur"? To me it sounds gauche, like likoor for liqueur.
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I bet a bulk of the income is from merchandising vs. income from their restaurants, especially for Chef (sarcasm) Rachael Ray.
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re: dave_c
I don't see the point trying to distinguish 'real chefs' from 'not chefs' in this context. It's not as though being a 'real chef' gives you a larger income.
Even in the classic French system, being the chef means you have moved out of the nitty gritty of cooking, and into some sort of management position. All of these big buck winners are in some sort of management, ownership, or celebrity roll. That's true whether they got their start as a line cook or now.
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I doubt that list is accurate. I'm sure there are a number of well off "culinary personalities" who prefer to keep their financial status private.
Guy Fieri worth more than Emeril Lagasse? I doubt it.
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re: ChefJune
"Guy Fieri worth more than Emeril Lagasse? I doubt it"
Current income, I think it's possible. He's still making a ton of money, but I dont think he's making as much as he was 10 years ago when he was everywhere on tv and his books were bestsellers. He has a lot of restaurants, but the margins on restaurants are often very thin!
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One common thread among the ten chefs on our list is that it is no longer enough for a chef to just own restaurants. Restaurant margins, especially at the fanciest locations, are notoriously thin. In order to make real money, chefs need TV shows, merchandise and even magazines.
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LiveRock, this boxed message within the article should clarify the context very easily. No different in any other entertainment biz.›1 Reply







