Top Earning TV Showrunners of 2024

1561
05 Oct 2024
3 min read

Post Highlight

In 2024, the television industry continues to be shaped by an impressive roster of high-earning showrunners who have carved out substantial niches with their creative genius and strategic deals.

From the creators of South Park to industry giants like Tyler Perry and Chuck Lorre, these top earners not only push the boundaries of television entertainment but also set new benchmarks for financial success in the industry.

Matt Stone and Trey Parker lead the pack with their extraordinary earnings, driven by a landmark deal with ViacomCBS and their strategic production pause amidst political turbulence.

Tyler Perry’s innovative approach to content ownership and his expansive studio operations have solidified his place among the top earners, while James L. Brooks and Matt Groening continue to benefit from the enduring success of The Simpsons and other ventures.

Dick Wolf’s dominance in prime-time television with his extensive lineup of crime dramas highlights his continued influence, despite recent industry challenges. Chuck Lorre remains a significant player, with substantial profits from his legacy deals and ongoing projects.

Seth MacFarlane’s successful mix of traditional and contemporary TV formats, coupled with his Universal Television deal, underscores his notable earnings. Shonda Rhimes, known for her hit series and profitable Netflix deal, and Larry David, with his enduring impact through Seinfeld and his latest ventures, also showcase the diverse ways in which showrunners are achieving financial success.

Finally, JJ Abrams and Greg Berlanti round out the list with their impressive earnings from major deals and ongoing projects, reinforcing their positions as key figures in the television landscape.

Each of these showrunners has demonstrated a unique blend of creativity and business acumen, contributing to their remarkable financial achievements and shaping the future of television entertainment.

Podcast

Continue Reading..

Meet the Top-Paid TV Showrunners of 2024

1. Matt Stone and Trey Parker

Matt Stone and Trey Parker, the creators behind South Park, continue to dominate the entertainment industry as the highest-paid TV showrunners in 2024.

South Park's Multi-Million Dollar Deal

Their massive earnings come primarily from a six-year, $935 million deal they signed with ViacomCBS in 2021. This contract grants ViacomCBS ongoing rights to South Park, contributing to their staggering $162 million net earnings ($180 million gross).

Production Pause Ahead of 2024 Elections

In a recent interview with Vanity Fair, the duo announced they are pausing the production of South Park until after the 2024 presidential election. Parker explained, “I don’t know what more we could possibly say about Trump,” hinting at their decision to take a break during this politically charged period.

The Book of Mormon's Continued Success

Despite the South Park pause, Parker and Stone's hit musical, The Book of Mormon, continues to thrive. It remains a success on Broadway, London’s West End, and will debut in Australia in 2025, adding to their financial and creative triumphs.

2. Tyler Perry

Tyler Perry, the multi-talented showrunner and filmmaker, earned $136 million in 2024 ($147 million gross). His massive income is a result of his unique approach to content creation and ownership.

Ownership as the Key to Success

In a 2020 interview with Forbes, Perry emphasized the importance of ownership, saying, “Ownership changes everything.” By owning the rights to all of his content, Perry has created a sustainable and profitable business model.

Tyler Perry Studios: A Hub for Creativity

Operating from his expansive 330-acre Tyler Perry Studios in Atlanta, the 54-year-old billionaire not only creates but retains full control over his content. This allows him to license his productions to various networks and distributors, such as BET.

Dominating TV and Film

Over the past year, Perry aired 10 TV shows, including popular series like House of Payne and Sistas. He also released three films, two on Amazon and one on Netflix, showcasing his versatility in both television and cinema.

Profiting from His Iconic Back Library

Perry has been gradually regaining control of his back catalog, including the lucrative Madea franchise. The iconic character continues to generate millions in profits, further cementing Perry’s position as one of the most successful figures in entertainment today.

Also Read: Top Earning Athletes of the Paris Olympics

3. James L. Brooks and Matt Groening

With over 750 episodes spanning 35 years, The Simpsons remains an iconic and enduring TV series. Now in its 36th season, the show continues to entertain audiences worldwide, solidifying its place in pop culture history.

James L. Brooks and Matt Groening's Earnings

Co-creators James L. Brooks and Matt Groening continue to earn substantial executive producer fees each year, even though their direct involvement in the ongoing production has significantly decreased. Despite this, their earnings remain impressive, amounting to $135 million ($143 million gross) in 2024.

Profits from Streaming Deals

A major contributor to their wealth comes from The Simpsons' vast episode library, which has generated more than $1 billion in revenue since its streaming deal with Disney+ began in 2019. This deal has proven to be highly lucrative, adding to the show’s overall profitability.

Groening's Other Success: Futurama

In addition to The Simpsons, Matt Groening's Futurama has garnered a cult following over the years. In July 2024, the beloved show returned to Hulu for its 12th season, continuing Groening’s influence in the world of animation.

4. Dick Wolf

Dick Wolf, the mastermind behind some of television's most iconic police procedural dramas, remains one of the highest-paid showrunners in 2024. With earnings of $124 million ($146 million gross), Wolf’s shows dominate prime-time network programming.

Dominating Network Schedules

Wolf’s success is largely attributed to his expansive lineup of crime dramas. On NBC, his "Chicago" franchise (Chicago Fire, Chicago P.D., and Chicago Med) owns the entire Wednesday night lineup. Meanwhile, CBS's Tuesday schedule is filled with his FBI series (FBI, FBI: Most Wanted, FBI: International). These shows have built a loyal audience and are major assets to the networks.

Law & Order Legacy

Wolf's flagship series, Law & Order, continues to thrive, with Law & Order: Special Victims Unit (SVU) nearing 25 seasons. A third spin-off, Law & Order: Organized Crime, was recently moved to Peacock, marking Wolf’s continued influence across streaming platforms.

Strike Impact and Billionaire Status

The recent Hollywood strike, which shortened many TV seasons, may have impacted Wolf’s earnings more than other showrunners. However, the 77-year-old remains financially secure. Forbes named him a billionaire earlier in 2024, solidifying his legacy as a broadcast television kingpin.

5. Chuck Lorre

Chuck Lorre, a prominent figure in the television industry, is recognized for his substantial earnings, amounting to $110 million, with a gross income of $130 million for 2024. His significant income is largely attributed to his legacy deals from the peak era of linear television, during which he negotiated highly profitable agreements for his shows.

Profitable Legacy Deals

Lorre’s wealth is significantly bolstered by the enduring success of his hit shows, including Two And A Half Men, The Big Bang Theory, and Young Sheldon. These shows continue to generate substantial profits, reflecting the lucrative nature of Lorre's earlier deals. For instance, a single percentage point of profit participation in The Big Bang Theory alone yielded as much as $5 million in the past year, depending on the specifics of the deal.

Continued Success and New Projects

Despite the conclusion of Young Sheldon and the CBS series Bob Hearts Abishola, Chuck Lorre remains a major player in the industry. He continues to work with Warner Bros. and recently introduced the 10-episode series Bookie on Max. Additionally, a new spinoff of The Big Bang Theory, titled George & Mandy’s First Marriage, is set to premiere on CBS in October, further expanding his influence and ensuring continued financial success.

Lorre’s consistent production of hit shows and his ongoing involvement in major television projects underscore his enduring prominence and substantial earnings in the industry.

6. Seth MacFarlane

Seth MacFarlane, a prominent TV showrunner, has amassed significant earnings in 2024. His total income stands at $76 million, with a gross income of $101 million. MacFarlane's substantial earnings are a result of his extensive work in television, where he has successfully leveraged both traditional and contemporary TV economics.

Profits from Existing Projects

MacFarlane continues to reap considerable financial benefits from his longstanding projects. His involvement in creating, writing, voicing, and producing shows like Family Guy and American Dad has proven to be highly lucrative. To date, MacFarlane has been instrumental in producing over 400 episodes of Family Guy and 300 episodes of American Dad. The success and enduring popularity of these shows contribute significantly to his high earnings.

Universal Television Deal

In addition to his work on existing series, MacFarlane’s financial success is also bolstered by his current deal with Universal Television. In 2020, MacFarlane secured an overall deal with the studio valued at $40 million per year. This agreement allows him to develop new projects, including a reimagining of his Ted movie franchise. The reimagined franchise is being produced as an eight-episode series for Peacock, demonstrating MacFarlane’s ability to capitalize on both established and emerging media platforms.

7. Shonda Rhimes

Shonda Rhimes has amassed a remarkable $58 million in earnings, with a gross total of $68 million. Her financial success is largely attributed to a lucrative mega-deal with Netflix, structured with performance-based bonuses and incentives that reward her for successful shows.

Impact of Bridgerton's Success

Rhimes' fourth season of the popular costume drama "Bridgerton" made headlines this summer by breaking viewership records on Netflix. This success underscores the value of her ongoing partnership with the streaming giant, which has proven to be highly profitable. The success of "Bridgerton" plays a significant role in her substantial earnings, reflecting the impact of high-performing content on her financial rewards.

Enduring Success of Previous Projects

Beyond her Netflix deal, Shonda Rhimes’ previous television ventures continue to contribute to her earnings. Notably, her work with ABC, including hits like "Scandal" and "How to Get Away with Murder," remains influential. Additionally, the long-running success of "Grey’s Anatomy" is set to continue, with its 21st season premiering later this month. This sustained success across multiple shows amplifies Rhimes' financial achievements, maintaining her status as one of the highest-paid TV showrunners in the industry.

Overall Career Impact

Shonda Rhimes' earnings are a testament to her successful career and the ongoing popularity of her television shows. Her ability to command substantial deals and consistently deliver hit series illustrates her significant influence and success in the television industry.

8. Larry David

Larry David, the renowned comedian known for his candid humor about life's inconveniences, has had a highly lucrative year in 2024. His earnings for this year are reported at $48 million, with gross earnings amounting to $56 million.

Continued Success with "Curb Your Enthusiasm"

At 77, David remains remarkably active in the entertainment industry. This spring, he wrote and starred in the 12th season of his critically acclaimed show, Curb Your Enthusiasm. Fans have speculated that this might be the final season of the show, adding a sense of finality and importance to this installment.

Upcoming Tour and Public Appearances

In addition to his work on Curb Your Enthusiasm, Larry David is set to embark on a new venture this fall. He has announced a 10-city tour featuring “informal conversations” with various moderators, including notable figures like Peyton Manning. This tour promises to bring his unique brand of humor to audiences across the country.

Streaming Success of "Seinfeld"

David's influence extends beyond his current projects. His co-created show, Seinfeld, continues to thrive on Netflix. The streaming giant pays an estimated $100 million annually for the exclusive rights to the show. This ongoing deal highlights the enduring popularity and impact of Seinfeld even years after its original broadcast.

9. JJ Abrams

In 2024, JJ Abrams earned a remarkable $47 million, with gross earnings amounting to $55 million. This substantial income reflects his high-profile role in the entertainment industry, bolstered by significant deals and ongoing projects.

Warner Bros. Deal

Back in 2019, Warner Bros. struck a landmark agreement with Abrams’ Bad Robot, worth $250 million over five years. The deal aimed to create an interconnected universe of D.C. comic book shows and the ambitious sci-fi series Demimonde. However, neither of these projects materialized as initially planned.

Recent Projects

Despite the setbacks with the initial deal, Abrams has continued to make a considerable impact in the industry. In the past year, he has been involved in notable productions such as Apple TV+’s hit series Presumed Innocent and Amazon’s animated series Batman: Caped Crusader. These projects have contributed significantly to his earnings and reputation.

Ongoing Income Streams

Abrams’ financial success is further augmented by his involvement in major film franchises. He continues to receive substantial residuals from his contributions to the Star Wars and Mission: Impossible series. These ongoing payments from successful franchises ensure that Abrams remains among the highest-paid showrunners in the industry.

Future Prospects

With his established track record and influential projects, Abrams is poised to maintain a prominent position in the entertainment industry, continuing to draw substantial earnings from both television and film ventures.

10. Greg Berlanti

Greg Berlanti, aged 52, is reported to earn $40 million annually, with a gross income reaching $47 million. His substantial earnings are partly attributed to a strategic financial move he made in 2018. Berlanti sold his stake in both past and future profits of his television catalog to Warner Bros. This deal was seen as a move to outdo Ryan Murphy's earnings from Netflix, a goal Berlanti achieved with a reported surplus of over $300 million.

Record-Setting Achievements

During the 2019 television season, Greg Berlanti set a record with 18 shows airing simultaneously. Many of these productions were part of the D.C. comic universe, airing on The CW. Notable shows from this era include Arrow and The Flash. Berlanti’s success was marked by his unprecedented number of concurrent shows, solidifying his position as a leading figure in television production.

Recent Developments

Although The CW has since canceled much of its original programming, Berlanti remains a prominent player in the industry. He continues to work under a first-look movie pact with Netflix, a deal that has already produced notable content such as Atlas, featuring Jennifer Lopez, which premiered in May. Berlanti also directed the Apple-backed space race drama Fly Me To The Moon. Despite high expectations, the film struggled at the box office in July.

Conclusion

The landscape of television in 2024 is dominated by a select group of highly influential showrunners whose innovative approaches and entrepreneurial spirit have significantly shaped the industry. From Matt Stone and Trey Parker's record-breaking deals to Tyler Perry's emphasis on ownership and creative control, these leaders have not only generated impressive earnings but also set new standards for success in the entertainment world.

As they continue to push boundaries with their respective projects, their contributions reflect the evolving nature of television and streaming, where both legacy content and fresh ideas coexist. With streaming platforms driving demand for quality programming, showrunners like Shonda Rhimes and Dick Wolf exemplify how adaptability and storytelling excellence can lead to financial triumphs.

TWN Special