It looks like Bob Barker has found a protégé. Having played host on Whose Line Is It Anyway?, Drew Carey announced on Monday's taping of Late Show With David Letterman that he will take over as host of The Price Is Right.
Drew Carey to Host The Price Is Right
The Price Is Right will give Carey double-hosting duties on both coasts. On one side of the country he will be taping The Price Is Right and on the other side Power of 10. CBS came up with the idea to have Carey host The Price Is Right after they picked him up on Power of 10.
Though the exact details on the deal between Carey and CBS are limited, it has been told that he has signed on for multiple years with an annual salary in the high seven figures.
Carey, a late contender for the job, proved to have all the qualities necessary to take over as host.
"Bob Barker had set the bar very high, but when we distilled it down to the essential elements, likability was huge, as was finding someone who can relate to the contestants and someone who had fundamental respect for the game," Tassler told Daily Variety.
Tassler said she personally called Barker on Monday morning to let him know the deal with Carey was nearly done. "He couldn't have been more gracious and was very pleased," she said.
Though under a new host, studio execs claim that the Price formula will remain intact.