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REPORT: Regis Philbin Quit Over Pay

By Daniel Gates

(GettyImages.com)

Regis Philbin reportedly quit his daytime talk show over money.

Executives are said to have informed Philbin’s that they expected him to take a pay cut with his new contract, leading Philbin to fire his agent and exit “Live with Regis and Kelly,” according to TMZ.

The longtime co-host of announced his impending retirement on the air Tuesday morning, only moments after informing partner Kelly Ripa.

Disney-ABC Television Group has not yet named his replacement.

This week, Philbin fired Jim Griffin, his agent of 25 years.

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