Katy Perry announced she was stepping down from her role as a judge on "American Idol."
Her announcement sent shockwaves throughout fans and viewers of the show, as the "Fireworks" singer.
Goodbye 'American Idol' For Katy Perry
According to a source who spoke to The Mirror, Katy Perry has been the top female star in reality television, securing the best deal for herself.
Despite her successful run on the show with consistent ratings growth for five years, ABC hesitates to offer her a higher salary, which is already at $25 million.
The parent company, Disney, is focusing on cost-cutting measures and aiming to limit expenses in the foreseeable future, leaving no room for negotiation.
As per the report, the "I Kissed A Girl" singer could not secure a salary increase, but the she has shown a strong interest in prioritizing additional free time to allocate with her dear ones.
Insider information suggests that Katy is considering expanding her family by adding a sibling for her daughter, Daisy, whom she shares with her partner, Orlando Bloom.
"She has learned from him how to balance work and personal time," said the tipster. "And let's clarify: Katy is a hands-on [mom] who likes to be there for Daisy's breakfast and bedtime. Being away from TV recordings increases that time."
Katy has also allegedly expressed her long-standing desire for a more present member to her family. Approaching her 40th birthday in the autumn, she cherishes the harmonious dynamic of her blended family with Orlando and his former wife, Miranda Kerr. The singer shares a son named Flynn with the model.
Recently, Katy Perry has been fully engaged with her commitments on "American Idol" and live performances, culminating in the successful conclusion of her "Play" Residency in Las Vegas in the previous year.
The Grammy-nominated artist is reportedly poised to have so many options at her disposal with one plan is to go back to touring.
Per the insider, "Although it's been some time since her last tour, Perry's esteemed reputation affords her the luxury of selecting venues and dates on her terms. Any future tour will undoubtedly be executed according to her vision."
Katy Perry Net Worth 2024
Katy Perry reportedly has a massive net worth of $400 million.
Her jaw-dropping wealth has been collected through several revenue streams. This includes royalties from her music, record-breaking album sales, merchandise sales, successful tours, brand partnerships, advertising campaigns, and endorsement agreements over the course of her career.
Working alongside major players in the industry, such as Walmart, H&M, OPI, and Pepsi has been instrumental in boosting the impressive financial portfolio of the mom-of-one.
READ MORE: Katy Perry Snubs Ryan Seacrest Days Before 'American Idol' Exit Shocker: WATCH
