The Crazy Amount Of Money David Letterman Is Getting For His New Netflix Show (2024)

The Crazy Amount Of Money David Letterman Is Getting For His New Netflix Show (1)

A few years ago, the legendary David Letterman retired from The Late Show, as well as the late night talk show scene in general, stepping down after over three decades of celebrity interviews, stupid pet tricks, and Top 10 lists. So it was somewhat surprising when it was recently announced that he was gearing up for another chat-infused project with Netflix. But it's far less of a curious situation when it's realized that Letterman will reportedly be making a whopping $2 million an episode for the upcoming series. That's a lot of index cards.

The still-in-development series, which doesn't have an official title yet, is set to cover six episodes, which means David Letterman will be banking a cool $12 million in total. Not a bad way for the comedian to make his TV comeback, and if Netflix is dropping that much moolah on the man himself, here's hoping the show's production value is insanely top quality, so that fans can enjoy some of that financial splendor as well.

To offer some perspective on this, there are three other TV hosts that have an annual salary equal to $12 million: Conan O'Brien, Anderson Cooper, and Ryan Seacrest. And these are hosts that put out six episodes in just over a traditional work week, making their per-episode salaries far less mind-boggling than David Letterman's.

Of course, David Letterman won't be earning $2 million an episode for any one particular duty on the new show, as he'll wear several different hats. As Variety points out with its list of TV's highest-paid entertainers, that total not only accounts for Letterman's hosting duties, but also his work as a producer, writer and assumedly any other duties he's taking care of. And he'll probably play a huge part in guiding where this show goes, both behind the camera and in front of it.

Sounding like a modified version of CBS' Late Show, though probably with far different network notes, David Letterman's new show will see him sharing interesting stories with some of his favorite celebrities, though only one per show, as they'll be extended conversations. As well, he'll be going out and about in the outside world for comedic segments. It's definitely sad that his adorable mother isn't still around to make pie-filled appearances on Netflix.

We're not at all sure when we'll get to learn this show's actual title, so all bets are off as far as when David Letterman will actually make it to Netflix, but the show is planned for a 2018 premiere. There's lots of great TV to come between now and then, though, which you can find both with our 2017 Netflix guide and our fall TV schedule.

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The Crazy Amount Of Money David Letterman Is Getting For His New Netflix Show (2)

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The Crazy Amount Of Money David Letterman Is Getting For His New Netflix Show (2024)

FAQs

The Crazy Amount Of Money David Letterman Is Getting For His New Netflix Show? ›

So it was somewhat surprising when it was recently announced that he was gearing up for another chat-infused project with Netflix. But it's far less of a curious situation when it's realized that Letterman will reportedly be making a whopping $2 million an episode for the upcoming series.

How much is David Letterman getting paid by Netflix? ›

According to Variety, which recently released a list of the top paid TV stars, Letterman will be earning $2 million per episode and $12 million total.

What does David Letterman do now? ›

Since 2018, he has hosted the Netflix series My Next Guest Needs No Introduction with David Letterman.

Who replaced Letterman? ›

CBS has announced that Stephen Colbert, host of the satirical Colbert Report, will replace David Letterman as the next host of the late show. Letterman recently announced he would retire in 2015. For more on the changing of the guard, we're joined by Alex Ben Block, senior editor of the Hollywood Reporter.

Is Letterman still on Netflix? ›

Late night legend David Letterman is returning to Netflix with a new installment of his interview series My Next Guest Needs No Introduction featuring comic John Mulaney. The special standalone episode of the five-time Emmy Award-nominated series will premiere April 30, 2024.

Who is the highest paid Netflix employee? ›

Netflix Salary FAQs

Netflix employees rate the overall compensation and benefits package 4.6/5 stars. What is the highest salary at Netflix? The highest-paying job at Netflix is a Principal Data Scientist with a salary of $427,669 per year (estimate).

How do Netflix pay their actors? ›

Residuals are guild-mandated payments made to actors, directors, writers and others involved in the making of film and TV as compensation for cable reruns, syndication, DVD release and licensing to streaming media. They are just one of several ways that creatives are paid for their work.

What town does David Letterman live? ›

Forsaking his longtime Connecticut home, comedian David Letterman has moved into an 88-acre Westchester, N.Y., estate he bought eight years ago. The main house, built in 1986, is in North Salem, not far from the Bedford home of Letterman's Late Show bandleader Paul Shaffer.

Did David Letterman have his teeth fixed? ›

David Letterman

After he retired from his comedy show, Dave decided to undergo some dental work for both health purposes and to fix his teeth which were crooked due to years of wear and tear.

What does Dave Lettermans son do? ›

Who was the first guest on David Letterman's show? ›

In the first episode of his late-night talk show, David Letterman chats with a seemingly-drunk Bill Murray, then joins Don "Mr. Wizard" Herbert in an experiment with air compression.

Who is the most popular night show host? ›

In adults 18-49, ABC's “Jimmy Kimmel Live” is emerging as the No. 1 talk show in that key demo, while CBS' “The Late Show with Stephen Colbert” is tops in total viewers. (Time shifted numbers benefit Colbert the most, however, as he leads in both measurements when it comes to “live+most current” numbers.

How old was David Letterman when he retired? ›

Now he has left on his own accord, which lends him a further distinction among talk-show hosts. No one forced him out. Letterman can boast a record of influence and longevity (33 years and more than 6,000 broadcasts) that is unlikely ever to be matched, so, at age 68, it was time to go.

Is Letterman coming back? ›

David Letterman returned to his roots on Monday night. The comedian, 76, was back in the Ed Sullivan Theater in New York City, for what marked his first appearance on The Late Show since he exited as host either years ago.

Why did Letterman go to CBS? ›

Letterman moves to CBS

Letterman, who had hoped to get the hosting job of The Tonight Show following Johnny Carson's retirement, moved to CBS in 1993 when the job was given to Jay Leno.

Is Letterman back? ›

David Letterman's return to the Ed Sullivan Theater earned him a standing ovation. The former late-night talk show host was back at his old stomping grounds for his first time as a guest on “The Late Show with Stephen Colbert.”

Do Netflix actors get royalties? ›

According to Gunn, actors do receive “a very small percentage” of the licensing fee that Netflix paid to Warner Bros.

How much does Netflix pay for shows? ›

"Netflix employs a cost-plus model, which means that it pays a show's entire production costs, plus a 30% premium. Netflix shows are expensive because the company holds onto them. There's no money to be made in syndication, so it needs to make creators feel enticed to sell their ideas to them."

How much does Netflix pay actors for movies? ›

How much does an Actor make at Netflix in the United States? The estimated average pay for Actor at this company in the United States is $23.48 per hour, which is 51% above the national average.

How much did Netflix pay for series? ›

How much does Netflix pay for a TV series? They did top out around a $100,000 but that was a while back, In the last decade maybe avg $50,000, now not much as they handle a lot of their own content.

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