The six stars of the NBC comedy signed a deal Monday that promises to pay them just over $1 million per episode for the Warner Bros. television show. According to The Hollywood Reporter, NBC has also agreed to boost the license fee it pays for the show by about $1 million, to an estimated $6.5 million.
Talks went smoothly compared to the last round of negotiations two years ago when the cast--Jennifer Aniston, Couretney Cox Arquette, Lisa Kudrow, Matt LeBlanc, Matthew Perry and David Schwimmer--went from $125,000 each per episode to $750,000 for two years. Each actor also has a 1 to 2 percent stake in the syndication profits from the show.
Reruns of Friends are expected to generate more than $1 billion in revenues over the first 10 years of the show's post-network life, which started in 1998. Meanwhile, Warner Bros. will add another 24 episodes to syndication.
The actors said in a statement that they could not ignore the outpouring of public support for the show and are looking forward to creating one more season.