Jeremy Kyle could get a £3million pay-out after his ITV show was axed following the death of Steve Dymond.
The presenter, who hosted the show for 14 years, reportedly set up a media company before his programme was cancelled to “safeguard his future”.
According to the Daily Mail, Jeremy registered Hales Media Limited on Tuesday and has given his fiancée Victoria Burton, 35, a stake.
Read more: Former producer of Jeremy Kyle Show claims lie detector results were ‘faked’
Ent Daily has contacted a rep for Jeremy for comment.
It comes after Jeremy, 53, broke his silence on the axe of his show and Steve’s death.
In a statement to The Sun, he said: “Myself and the production team I have worked with for the last 14 years are all utterly devastated by the recent events.
“Our thoughts and sympathies are with Steve’s family and friends at this incredibly sad time.”
Earlier this week, the show was taken off air and all past episodes removed from the ITV Hub following Steve’s death, before it was later confirmed the programme would not be returning.
On Wednesday, ITV confirmed the daytime show had been cancelled for good.
Carolyn McCall, ITV’s CEO, said: “Given the gravity of recent events we have decided to end production of The Jeremy Kyle Show.
“The Jeremy Kyle Show has had a loyal audience and has been made by a dedicated production team for 14 years, but now is the right time for the show to end.
“Everyone at ITV’s thoughts and sympathies are with the family and friends of Steve Dymond.”
Steve, a 63-year-old grandfather, had filmed for the show at the beginning of May, hoping to prove to his partner Jane that he had not been unfaithful.
But he failed the lie detector test and was apparently left humiliated and traumatised by the experience and it’s believed he took his own life last Thursday.
A young woman who was in the audience during the filming of the episode Steve featured in described the experience as “uncomfortable”.
Babette Lucas-Marriott , 20, spoke to the BBC about her experience watching Mr Dymond take and fail the lie detector test.
Read more: Dead Jeremy Kyle Show guest a paedophile, alleges estranged wife
“As soon as the test result was announced [Dymond] was already crying but he was shocked,” she revealed. “His fiancee was heartbroken and sobbing. Steve couldn’t believe it had come back as a fail.
“It was clear that he’d lost his entire life with his fiancee there. Everyone felt uncomfortable and no one wanted to be there.”
If you are struggling with depression or suicidal thoughts, contact Samaritans free on 116 123.
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