Piers Morgan signs new £2.6m deal

London: After quitting his job on BGT, Piers Morgan has apparently struck a new 2.6-million-pound deal with ITV.

The two-year exclusive contract follows a 12-million-deal with US channel CNN.

According to sources, Piers` new ITV deal will make him earn 1 million pounds each year for 12 editions of his chat show, Life Stories, reports the Sun.

He will also front six other unspecified shows in the mould of Piers Morgan On... and will bag a further 55,000 pounds for each of these, netting him an extra 330,000 pounds a year.

As a further incentive, he will get 5,000 pounds for every show that does well in the ratings.

"ITV are mad keen on Piers and he has told them he can fit in his Life Stories show around his new CNN gig,” as insider said.