As fans of "Friends" grieve the passing of Matthew Perry, a look into the actor's post-show earnings underscores the enduring appeal of the sitcom, even two decades after its conclusion.
"Friends" graced our screens for a decade, from 1994 to 2004. During the show's final years, each cast member received $1 million per episode. Remarkably, their earnings didn't stop there; they continued to accumulate millions yearly from residuals long after the show concluded.
Perry, along with fellow co-stars Jennifer Aniston, David Schwimmer, Courteney Cox, Matt Le Blanc, and Lisa Kudrow, were reportedly raking in $20 million each year as of 2018 from Warner Bros. through syndication revenue for their iconic roles on "Friends". This figure is believed to have surged even further when Netflix acquired the rights to stream the show's reruns, as per Marketplace.
The six stars of "Friends" each had an arrangement that entitled them to 2% of the show's syndication earnings, at a time when Warner Bros. was generating about $1 billion yearly from streaming it, as mentioned by the source.
Matthew Perry, 'Friends' cast earned millions from show's residuals each yearhttps://t.co/mIZrO0xdUT
— FOX Business (@FoxBusiness) October 30, 2023
Tragically, Perry, who delighted audiences as Chandler Bing on the beloved show, passed away suddenly this past weekend at 54 years old. Authorities discovered him in a hot tub in a home situated in the Pacific Palisades neighborhood of Los Angeles on Saturday. Preliminary reports suggest the cause of death was drowning.
In his memoir titled "Friends, Lovers and the Big Terrible Thing," Perry candidly shared his prolonged struggles with addiction before ultimately achieving sobriety in more recent times.
Perry admitted to investing a significant amount of money over the years in his efforts to overcome addiction.
"I’ve probably spent $9 million or something trying to get sober," the actor shared with The New York Times.
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