Sunday 3 July 2022 02:48 AM Holly Willoughby 'to earn £1million after secretly settling legal battle with ... trends now
Holly Willoughby is reportedly set to earn £1million after secretly settling a legal battle with her former agents who were asking for 15 per cent of her future earnings.
The presenter, 41, left the YMU group back in 2020 to set up her own management company, however a row escalated over a 'sunset clause' in which the agency could command a cut of a departing client's future salaries on contracts arranged before their exit.
However, it's alleged that Holly has now settled out of court following a bitter 18-month fight, with a source telling The Sun that the settlement has 'paid off handsomely' for the star.
Winner: Holly Willoughby is reportedly set to earn £1million after secretly settling a legal battle with her former agents who were demanding 15% of her future earnings
They continued: 'She's now free to earn millions of pounds for years to come and become the most powerful woman in British TV.
'She is now very much her own boss and agent.'
Holly previously called in her lawyers after YMU - which boasts high-profile clients including Holly's This Morning co-star Phillip Schofield, Ant and Dec and Graham Norton - asked for 15 per cent of her earnings after she had left.
They would have bagged a tidy sum seeing as Holly is said to earn £730,000 a year from ITV, fronting shows including This Morning and Dancing On Ice.
Solo: The presenter, 41, left the YMU group back in 2020 to set up her own management company, however a row escalated over a 'sunset clause' in which the agency could command a cut of a departing client's future salaries on contracts arranged before their exit
She also has advertising deals with household store Dunelm and high street giant M&S, and she charges £25,000 for
