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Judge Judy: New Contract Extends Show, Sells Library to CBS

Image: Judge Judy: New Contract Extends Show, Sells Library to CBS

Judge Judy attends the Joan Rivers memorial service at Temple Emanu-El on Sept. 7, 2014, in New York City. (Kris Connor/Getty Images)

By    |   Friday, 11 Aug 2017 05:51 AM

"Judge Judy" star Judith Sheindlin reportedly reached a new contract extending her courtroom TV show to 2021 as part of a deal to sell her entire 10,400-show library back to CBS.

Terms of the deal weren't released, but sources estimated the value to be about $95 million, the New York Post reported.

Sheindlin earns about $45 million a year and the show brought in $244.7 million in ad revenue last year, according to the Post, which noted that CBS sold the archive to Sheindlin two years ago at the time of the last contract renewal.

"My mother always told me it’s proper etiquette to leave the dance with the person who brought you," Sheindlin, 70, said, according to the Post.

Boasting about 10 million viewers, the show has been the No. 1 daytime syndicate for eight years, the Post said.

Sheindlin reportedly shopped the library to potential buyers earlier this year, seeking as much as $200 million, according to The Hollywood Reporter.

"Judge Judy Sheindlin is one of the all-time great stars in the history of daytime television. She’s been a part of the CBS family for over two decades and we wanted it to stay that way by acquiring her incredible library of episodes," Paul Franklin, president of CBS Television Distribution, said, according to Variety. "We also want to thank Lisbeth Barron (of Barron International Group) for her diligent work on this agreement. Finally, we’re grateful that Judy has been such an amazing collaborator – allowing us to retain her library so that CTD’s station partners will continue to benefit from this amazingly successful relationship."

The new contract extends the show through its 25th season.

The new deal will allow CBS Television Distribution to sell the show to streaming services such as Netflix, Amazon, or Hulu, the New York Post noted.

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"Judge Judy" star Judith Sheindlin reportedly reached a new contract extending her courtroom TV show to 2021 as part of a deal to sell her entire 10,400-show library back to CBS.
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