ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

What TV host John Oliver earns per episode is staggering — but he's still upset HBO denied him a raise

Even without the raise, Oliver remains one of the top-paid faces on American television.
PUBLISHED DEC 11, 2024
Screenshot showing John Oliver on Jimmy Kimmel Live (Image source: YouTube | Jimmy Kimmel Live)
Screenshot showing John Oliver on Jimmy Kimmel Live (Image source: YouTube | Jimmy Kimmel Live)

When it comes to popular faces on American television, British comedian, actor, and satirist, John Oliver's show "Last Week Tonight" on HBO has captivated audiences beyond borders. He and his team of researchers are often credited with the success of the show, but Oliver reportedly feels he is not being valued enough. The longtime host of the show reportedly fired his agency WME after failing to get a raise from HBO after it recently renewed his contract. 



 

Well-Deserved Raise Too Much to Ask For?

In the decade that he has hosted "Last Week Tonight," Oliver has done an amazing job delivering information with hilarious monologues. Given the success, HBO decided to renew the show for three more years, through 2026, in December of last year.



 

While it was good news for the show, Oliver wasn't exactly satisfied with it, according to Matthew Belloni‘s "What I’m Hearing" newsletter. As per the report, Oliver believed that he deserved a raise and his agents had failed to secure it for him. To put things into context, Oliver's first contract with HBO was a two-year deal that paid an annual salary of $8 million. As the show became an instant hit, HBO offered him a three-year, $45 million extension till 2020. Oliver then landed another 3-year extension which again doubled his salary to $30 million for a 30-episode season, which meant $1 million per episode. However, there was a dip in 2023, when Oliver signed yet another 3-year extension without a raise. Thus, his salary will remain roughly $1 million per episode through the end of 2026, according to Celebrity Net Worth.



 

As a result, Oliver decided to fire his agency WME, which had been working with the comedian since 2012, when he was a correspondent on The Daily Show. Like many other celebrities, Oliver may have misdirected his resentment, ignoring the shifting realities of the television comedy. As Belloni writes, there has been “an overall contraction in TV,” and “fiscal restraints at HBO parent Warner Bros. Discovery.” But even without a raise, Oliver remains one of the top-paid personalities on TV.



 

Frustrated with HBO

It seems like the host who talks about serious topics in a light-hearted way, is not having the best time on the show. Earlier in October, he lashed out at HBO as well for delaying the release of Last Week Tonight segments on YouTube.



 

Speaking on "The Interview" podcast from The New York Times, the late-night host criticized HBO for the schedule change. For the 11th season of the show,  the premium cable outlet decided to hold back the segments for a few more days after the premiere before releasing them on YouTube. Previously the show's main story was released the next morning after an episode was aired. According to The Hollywood Reporter, HBO believes that the show is a key driver for Max subscriptions and the scheduling change will entice the viewers to pay the monthly fee and get early access to the popular segments.



 

However, the host seems to disagree. “It’s massively frustrating to me. I was not happy with it at all,” Oliver said on the podcast. He further explained that he loves that the show can reach his audience beyond HBO subscribers and appreciated the network for releasing the segments for free.

MORE ON MARKET REALIST
The billionaire also predicted that other companies would follow suit in the future.
1 hour ago
His comments have led to several Americans calling him out for not reducing beef prices.
1 hour ago
Billionaires grew their wealth by an incredible 22% in the last year as regular Americans struggled.
1 hour ago
Americans in a Reuters/Ipsos poll identified the cost of living as the primary factor influencing their votes in the upcoming midterms.
3 hours ago
This will be damning for the DHS, which is already under immense pressure from the public.
21 hours ago
Experts believe that it has to do with getting a sense of momentary control.
23 hours ago
It seemed like the contestant was heading towards defeat, but his luck soon turned around.
23 hours ago
The company says it has taken action to protect its rights as an importer to seek duty refunds.
1 day ago
The payout was driven by the company’s financial strength and strong underwriting performance.
1 day ago
Trump made this claim during his lengthy State Of The Union address earlier.
1 day ago
Research predicted that in the consumer sector, "AI personalization strategists" and "AI supply-chain analysts" jobs are expected to emerge.
1 day ago
The product might contain germs as the pasteurization process was not done properly due to a equipment troubleshooting error
1 day ago
The contestant came as close as possible to winning big, but had her heart broken in the end.
1 day ago
Trump failed to address the affordability issue that voters care most about.
1 day ago
He said that society is not quite ready for the pace at which AI is currently displacing workers.
2 days ago
The recall affected products that were sold to customers in four states and in Canada.
2 days ago
Those opposed to the changes believe Trump is politicizing the health of children.
2 days ago
Bessent said that the proposition would be rolled out “in the coming weeks and months,” as a tool for working-class Americans left behind.
2 days ago
“It’s a bad idea. We are very alarmed,” a financial source stated about the proposed move.
2 days ago
A post on X could move trillions of dollars due to the power that retail investors hold
2 days ago