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Twist of Kate

According to a new shocking report, Kate Gosselin has blown through millions of dollars and is now worried about her financial future.

Popeater reports that though the TLC reality star made a small fortune from her show Kate Plus 8 and Dancing With The Stars, most of that money is now gone.

“Kate lives like she is a movie star,” a friend tells Popeater. “She flies first class and stays at the most expensive hotels and spends money on herself like it’s going out of fashion. Remember, this is a woman who once spent $7,000 on a haircut!”

The source also adds that Kate thought she would get some endorsement deals following her stint on DWTS. “She thought she would earn millions by advertising baby carriages, food and cloths, but no one wanted her. The poor thing even thought she would get a deal with Cover Girl after being on ‘Dancing With The Stars,’ instead they went with Beyonce.”

The most shocking part of the article is that Kate is so worried about her finances that she is considering getting – gasp – “a real job!”

And in other Kate news, Life & Style magazine is reporting that TLC has canceled Kate’s other show – Twist of Kate. The reason? “It’s no longer on the schedule because Kate can’t bring in the ratings,” says a source.

Even worse, her other TLC show, Kate Plus 8, might also be in danger of cancellation due to low ratings. According to the Hollywood Life, the June 22, 2009 episode of Jon & Kate Plus 8 registered 10.6 million viewers, compared to the 1.3 million viewers who tuned in for her recent Alaska episode.

TLC reportedly pays Kate a lot of money to do the show, so with the low ratings, the network might be more than willing to say adios to Kate despite her popularity.

UPDATE – A rep is confirming to UsWeekly that Twist of Fate is not canceled adding that the news is “100 percent not true.”  Twist of Kate follows Kate as she visits and helps families facing obstacles.

TELL US – ARE YOU SHOCKED BY THE REPORT? DO YOU BELIEVE KATE HAS BLOWN THROUGH MILLIONS?

kate gosselin enters hotel

Reality star Kate Gosselin appeared on the Today Show Friday to promote her new TLC show - Kate Plus 8, which premiered this Sunday.

In the interview, Kate defended her decision to appear on Dancing With The Stars, discussed the now dropped child custody case, and also briefly touched on Jon Gosselin’s girlfriend(s).

Kate revealed that Jon has dropped his attempt to try to seek custody of their eight children. “At this very moment, things are peaceful. He’s agreeing to (a schedule involving) every other weekend and dinner nights. I think that’s a perfect amount of time (with the kids),” said Kate. “The custody mess has been dropped by him and so I think he’s realized that it’s best that they’re at home in their house where they belong, with me the majority of the time. At this moment, it’s peaceful.”

“Jon’s decisions remain Jon’s decisions,” continued Kate when asked about Jon’s new 23-year-old girlfriend Ellen Ross, whom he recently introduced to the kids. “It’s just for me to help the kids deal with it … They ask me questions where his girlfriends are concerned, and it’s just a situation that I have to deal with with them.”

When asked if she’s ready to start dating, “No,” replied Kate. “I don’t feel like it’s time. I feel my kids need so much of me that I need to be there for them. Personally, I don’t feel ready to move forward.”

And when it comes to the heavy criticism she received for appearing on DWTS, Kate defends her decicion. “No, they (the public) don’t really (understand) much of anything. And it’s OK. I only have my kids to answer to, so that’s fine. All the other stuff, whatever,” said Kate. “It was a job, it’s work. Neither of my other two shows (‘Kate Plus Eight’ and ‘Twist of Kate,’ were in production, and we all need income, so it was work.”

TELL US – DID YOU TUNE IN TO THE PREMIERE OF KATE PLUS EIGHT LAST NIGHT ON TLC?

jon-gKate Gosselin Book

Just two weeks after announcing his decision to take his ex-wife Kate Gosselin back to court in an attempt to gain primary custody of his eight children, comes news that Jon Gosselin has now fired his attorney Anthony List.

It all started two weeks ago when Jon and his attorney claimed Kate was an “absentee parent” due to her decision to appear on Dancing With The Stars. Jon then filed papers to try to gain custody of his kids, and also requesting a reduction on his reported $22,000 a month child support payments.

Jon has now had a change of heart and claims he wants to work this out with Kate. He twittered the following, “Kate, her attorneys and I are moving forward to work out things privately and amicably.” He continued, “Mr. Anthony List Sr., Esq., is not my representing attorney; I terminated him on April 15, 2010. He has no legal right to speak to the press or anyone on my behalf.”

UsWeekly is also reporting that Jon, 33, is strapped for cash and looking to sell his BMW, which he purchased last year for $30,000. “Jon is selling his BMW to raise cash until he gets a job,” says a source. “He’s hoping to get $25,000 for it.”

The source also added that Jon wants badly to be back on TV. “He has been lobbying TLC to get a show of his own,” the insider says. (Kate’s new show – Twist of Kate debuts this summer.) “It’s killing him that Kate is having all of this success.”

In other Kate news, UsWeekly reports that Kate’s recent elimination from DWTS isn’t resulting in her spending more time with her kids. According to US, Kate returned home on Thursday with her eight children, only staying home for 20 minutes, before taking off in a limo with her bodyguard.

Where was she headed? Apparently, she was headed to NYC to appear on Live with Regis and Kelly Friday.

Kate Gosselin Crying on DWTS

It was eight minus Kate night on Dancing With The Stars as Kate Gosselin was finally sent packing after five weeks of awful dancing.

Despite having been saved for five consecutive weeks with low scores, the Jon & Kate Plus 8 mom ran out of luck on Tuesday night. Kate found herself in the bottom two alongside Pamela Anderson and her partner Damian Whitewood.

Once it was announced that she would be the one going home, Kate looked a bit stunned.  “I need a minute,” she said as she wiped tears from her eyes.  While emotional and speechless, her partner Tony Dovolani, who was shown fighting quite a bit with Kate this season, stepped in, saying:  “You know what? I’m very proud of Kate.”  He continued, “I know she gets a lot of criticism I give her all the credit in the world for showing up. As exhausted as she was, she still showed up every single day.”

Kate, 35, then added,  “I had the opportunity [to do this show]. I’m very, very honored to have been here. I love everyone that I met. It was a great experience.”  When asked what she had to say to her fans who kept her on the show for five weeks despite her low scores, she added, “Wow, thank you for believing in me, probably more than I believed in myself.”

In a later interview with Entertainment Tonight, Kate shared that though she is okay with leaving the show,  her eight kids however “will be upset, definitely,” she said. “They will be shattered, in fact.” She said she is not “letting them watch” her elimination episode, so that “they’ll be OK. They’ll be glad to have me back. I’m thrilled to have been here and obviously going back to my kids is always a wonderful thing.”

Allrighty then Kate.  UnFortunately this will not be the last we see of Kate. As we recently reported, she has two upcoming reality shows with the TLC network – Twist of Kate and Kate Plus 8.

TELL US – WAS IT THE RIGHT TIME FOR KATE TO GO? WHO SHOULD BE THE NEXT TO GO?

Kate Gosselin Pic

Get ready to see a whole lot more of Kate Gosselin! TLC has announced today that the former Jon & Kate Plus 8 mom will not only be starring in one, but rather two reality shows this year.

Kate, who is currently tanking on Dancing With The Stars, will headline her own show, Twist of Kate, on TLC.

According to the network, Twist of Kate, set to debut this summer, will be a 12-episode series that will feature Kate responding to fan letters from those who are inspired by her story as a way to profile the personal challenges her fans face. Kate will then travel the country to meet her fans’ families and to try their jobs.

“I look at it as a loose concept,” Kate, 35, told USA Today about her new show. “I want to be out there learning from others, helping to provide insight whenever I can, though I don’t consider myself an expert on anything.”

On to reality show number two, thanks to the settlement TLC was able to reach with Jon Gosselin earlier this year, Kate Plus 8 will also be making it’s debut this year. If you recall, Jon & Kate Plus 8 was canceled last year after Jon declared he had an epiphany and no longer wanted his kids to be filmed anymore.

The Kate Plus 8 series will be in the form of specials focusing on her new life as a single mom to her eight children.

Jon has also made headlines as he filed a motion this week in an attempt to gain primary custody of his eight children. His lawyer revealed earlier this week that he is having to pay Kate $22,000 a month in child support. He is accusing Kate of being an absentee mother due to her DWTS gig. There are also rumblings that Jon is going broke, which might explain a motive for taking Kate to court.

TELL US – WILL YOU BE TUNING IN TO KATE’S REALITY SHOWS?


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