Kyle Sandilands and Jackie ‘O’ Henderson pop the champagne and celebrate with their team after signing record $200million 10-year deal with KIIS FM

Kyle Sandilands and Jackie ‘O’ Henderson confirmed on Wednesday that they have signed a historic 10-year $200 million radio deal that will allow them to expand into Melbourne.

And shortly after the announcement, Kyle, 52, and Jackie, 48, celebrated the monumental occasion with their team.

An excited Kyle popped open a $100 bottle of Moët & Chandon champagne at their KIIS FM studios in Sydney to toast the news with Jackie and their hard-working team.

A beaming Jackie beamed after being hospitalized due to health problems on Tuesday as she cuddled up to Kyle in a designer corset-style dress.

The Kyle and Jackie O Show posted several photos of the celebrations to their Instagram page with the caption, “Cheers to the next 10 YEARS! #KJShow’.

Kyle Sandilands and Jackie ‘O’ Henderson popped the champagne and celebrated with their team on Wednesday after signing a record $200 million, 10-year contract with KIIS FM

Many of Kyle and Jackie’s famous friends were quick to congratulate them on their record-breaking success.

‘Well done! So freaking cool,” wrote celebrity trainer Michelle Bridges, with TV presenter Jason Dundas adding: “Well done.”

On Wednesday morning, the Sydney-based radio duo signed a record-breaking 10-year, $200 million deal that will keep them on the air until 2034.

An excited Kyle popped open a $100 bottle of Moët & Chandon champagne at their KIIS FM studios in Sydney to toast the news with Jackie and their hard-working team

An excited Kyle popped open a $100 bottle of Moët & Chandon champagne at their KIIS FM studios in Sydney to toast the news with Jackie and their hard-working team

On Wednesday morning, the Sydney-based radio duo signed a record-breaking 10-year deal worth $200 million that will keep them on air until 2034.

On Wednesday morning, the Sydney-based radio duo signed a record-breaking 10-year deal worth $200 million that will keep them on air until 2034.

An ARN spokesperson confirmed to Ny Breaking Australia that the deal means Kyle and Jackie’s KIIS FM work friends Jase Hawkins and Lauren Phillips will be out of a job and their Melbourne breakfast show will end in December.

Lauren broke down in tears as she announced the news to her listeners on Wednesday, sobbing that she “didn’t want to say goodbye to Melbourne”.

Jase and Lauren’s show was successful for KIIS FM, attracting new listeners to the station and ranking third in the Melbourne market behind Fox FM’s Fifi Fev & Nick and GOLD104.3’s Christian O’Connell.

An ARN spokesperson confirmed to Daily Mail Australia that the deal means Kyle and Jackie's KIIS FM work friends Jase Hawkins and Lauren Phillips (pictured) will be out of a job and their Melbourne breakfast show will end in December.  Lauren broke down in tears as she announced the news to her listeners on Wednesday

An ARN spokesperson confirmed to Ny Breaking Australia that the deal means Kyle and Jackie’s KIIS FM work friends Jase Hawkins and Lauren Phillips (pictured) will be out of a job and their Melbourne breakfast show will end in December. Lauren broke down in tears as she announced the news to her listeners on Wednesday

In a statement celebrating the historic contract extension, Sandilands said: “Fans of the show will be pleased to hear that this 10-year deal is the longest radio deal in Australian history.

“Love us or loathe us, Jackie and I will continue with our politically incorrect nonsense for a long time.”

He added: “We would like to thank the listeners. Staff. All clients. Even senior management, I’ll give a nod to that. They’ve actually done something brilliant.’

This means the duo will dominate markets beyond their Sydney-based audience and expand their reach Melbourne For the first time.

In a statement celebrating the historic contract extension, Sandilands said: 'Fans of the show will be pleased to hear that this 10-year deal is the longest radio deal in Australian history'

In a statement celebrating the historic contract extension, Sandilands said: ‘Fans of the show will be pleased to hear that this 10-year deal is the longest radio deal in Australian history’