His Channel Nine contract is set to end in December.
And according to Monday’s Woman’s Day magazine, Today host Karl Stefanovic is ‘plotting his escape to Hollywood’ with wife Jasmine Stefanovic, 36.
Sources close to the publication have claimed that the 45-year-old ‘knows he’s a big star and what he’s worth’.
‘He knows he’s a big star’: Today host Karl Stefanovic (pictured in July, 2019) ‘is planning his escape to Hollywood with wife Jasmine’ as Nine contract nears completion, according to Monday’s Woman’s Day magazine
‘He thinks he’s being undervalued here and believes he can crack the big time over in Hollywood,’ they went on to say.
With the father-of-three setting his sights on becoming an ‘A-list Hollywood reporter’, it’s further claimed that Karl and Jasmine are looking to purchase a ‘$2.9million mansion in Beverly Hills’.
However Victoria Buchan, Channel Nine’s Head of Publicity, told Daily Mail Australia on Monday that she ‘couldn’t imagine anything further from the truth’.
It comes after The Daily Telegraph suggested Karl will drop long-standing manager Sharon Finnigan of SF Celebrity Management, as he has inked a deal with Chris Hemsworth’s Melbourne-based agent, Mark Morrissey.
Claims: The father-of-three is reportedly planning on becoming an ‘A-list Hollywood reporter’, and that Karl and wife Jasmine Stefanovic (pictured in May, 2019), are looking to purchase a ‘$2.9million mansion in Beverly Hills’
‘It’s a different play for me’: Meanwhile, earlier this month it was reported Karl had ‘signed with Chris Hemsworth’s manager’ as his Nine contract nears completion this year. Pictured with Jasmine
‘It’s a different play for me being asked to do something with international focus,’ Karl told the publication last week, before adding: ‘It’s early days.’
It’s believed the journalist intends to ‘collaborate’ with Mark on TV projects, and international productions.
An inside source told the publication: ‘Karl has long seen himself spending more time in the US, so this is the first real steps towards that plan. He is very focused on that.’
Moving on up! Karl has reportedly signed with Melbourne-based manager Mark Morrissey – who also manages Hollywood actor Chris Hemsworth (pictured)
Time for a change? Karl was rumoured to have split with his agent-of-17-years Sharon Finnigan (right) – but the talent manager said Karl was ‘still with me’ last weekend. Pictured at Karl’s wedding in 2018 to wife Jasmine in Mexico
An inside source told the publication: ‘Karl has long seen himself spending more time in the US, so this is the first real steps towards that plan. He is very focused on that.’
Sharon however told The Daily Telegraph last weekend that Karl is ‘still with me’.
The two are known to have a close working relationship, with Sharon even attending his wedding to Jasmine in December, 2018.
Working relationship: Karl has been with the Sydney talent agent Sharon (second left) for the past 17 years
That same year, Sharon dealt with the shock departure of Karl from Today.
She was also reportedly present when Nine chief executive Hugh Marks delivered the news of the axing to Karl over the phone.
Sharon has a number of stars on the books including Phoebe Burgess and Michael Usher.
Hard work: Despite Today initially getting a healthy jump in the ratings, the embattled Nine breakfast show continues to struggle to find an audience. Pictured with co-host Allison Langdon
Karl made his Today comeback in January alongside new co-host Allison Langdon.
Despite initially getting a healthy jump in the ratings, the embattled breakfast show continues to struggle to find an audience.
Last month, the Today show recorded its lowest ratings of 2020, with a paltry 171,000 metro viewers tuning in.
Ratings: Today show recorded its lowest ratings of 2020, with a paltry 171,000 metro viewers tuning in last month. Pictured: Allison Langdon, Karl Stefanovic, Tim Davies, Tracy Vo, Brooke Boney and Alex Cullen