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In January, Regis Philbin made the decision to leave his famed talk show, Live with Regis & Kelly on November 18, 2011. Now, according to Globe magazine’s latest issue, Regis was pushed out of the show because of his age — and he’s planning on getting revenge!

According to reports, Regis is planning on making his television comeback and is writing a tell-all book! Saucy gossip! I imagine the hardest working man in showbiz has quite a bit to say, don’t you?

Also in this issue, Robin Gibb and Loretta Lynn are both on the brink of death. I sincerely hope that neither is true. It would be such a shame to lose such talent. They are claiming that Loretta only has weeks to live and Robin is at the end, weighing only 97 pounds. Scary!

We wish them the best and hope that they can recover quickly!

According to Globe magazine, the real reason that Regis Philbin is walking away from his show, Live With Regis & Kelly is because he’s dying.

So it wasn’t over a pay cut or dispute as previously reported???

According to sources:

Why should you believe this? Globe told you first Regis was quitting back in December 2010 – see the smartly placed inset for proof.

Yes, they called the “quitting” thing, but just because you get one thing right doesn’t mean that you’re always right. Right?

Regis Philbin shocked everyone with the announcement that he’s leaving Live With Regis & Kelly on January 18, 2011.

Reportedly, the shock announcement came because of a pay cut that ABC was trying to put on Regis — and he wasn’t having any part of that. The executives at ABC talked about a new contract for Regis, but explained that he would have to take a pay cut because the show wasn’t performing as well as in the past — and also because he takes time off.

TMZ reports:

Sources say Reeg is currently pulling in between $18 and $20 million a year.

Regis, we’re told, was angry at the offer and that was the trigger for his announcement this week that he’s leaving the show.

TMZ first reported … Regis told Kelly Ripa about his decision 15 minutes before they went on the air. Initially we were told she was stunned but not angry. Now we’ve learned she was furious — partly because, as one source says, “She felt it showed a total lack of respect for her.”

We’re told the entire production team is angry at Regis because they feel he hurt the show by blindsiding everyone.

As for Regis’ agent, Jim Griffin, Reeg fired him. We’re told Regis feels Griffin did not negotiate the upcoming deal effectively.

Well, we will have to just wait and see where he goes from there. Stay tuned!