Kathie Lee Gifford is giving her partner another chance, Regis Philbin that is.

The talk show hostess has signed a new contract that will keep "Live! With Regis and Kathie Lee" on the air until September 1998, the New York Post reported Thursday.A spokeswoman for Disney-owned Buena Vista Television, which produces the nationally syndicated program, confirmed that Gifford has signed a deal through next season. Contract specifics were not disclosed, but it is believed she did not demand a huge raise from her current salary, estimated at between $3 million and $5 million annually, the Post said.

Instead of a raise, Gifford is expected to be given more time off.

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