Family Guy” creator Seth MacFarlane has inked a new agreement with 20th Century Fox TV after 2 1/2 years of negotiations. It was well worth the wait though, as the overall deal make him the highest-paid writer-producer working in television.

Yahoo reports that the package would be worth more than $100 million and would keep MacFarlane at 20th TV through 2012.

It covers his services on “Family Guy” and his other two animated series for 20th Century TV and Fox — “American Dad!” and the upcoming spinoff “The Cleveland Show” — as well as his series development, which includes a multi-camera comedy with “Family Guy” writer Gary Janetti. It also encompasses new-media projects related to MacFarlane’s TV. Family Guy alone has grown into a $1 billion franchise with red-hot DVD and merchandise sales.

Gary Newman, 20th TV chairman said, “It’s a relief to have it done. Today marks the first time in a long time Howard Kurtzman and Neal Baseman (20th TV top business affairs execs) did not have their shoulders up to their ears with anxiety.”

MacFarlane said of the new agreement and his work:

“I’m lucky to be at a place that creatively had been nothing less than 100% supportive. I get a lot of pleasure out of making shows. It’s a bonus to be getting paid well for it, and it’s a double bonus to be getting paid exorbitantly for it.
http://www.hotmommagossip.com/2008/05/05/%e2%80%9cfamily-guy%e2%80%9d-cr...