Jeopardy! Executive Producer Mike Richards Exits in Wake of Controversies
Mike Richards is immediately exiting his role as executive producer of both Jeopardy! and Wheel of Fortune, marking the end of a stunning downfall for a powerful game show executive who had once planned to host the long-running syndicated show. In a memo to staff Tuesday, Sony Pictures Television notified staff of Richards’ imminent departure….
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As soon as the house takes its cut, usually 15%,
the rest is divided among the bet winners.