Kelsey Grammer has partnered with an established reality show production company through which he will presumably produce reality shows. According to his estranged wife Camille, it was Kelsey’s idea for her to go on The Real Housewives of Beverly Hills. She’s said that Kelsey did it to distract her while he lived with his mistress in New York, but maybe he had a business motivation too. The question is whether Kelsey will create some kind of reality show for himself and his fiance in an attempt to earn back the public’s good will after so publicly wronging Camille. Here’s the report from US Weekly:

Apparently Kelsey Grammer didn’t feel his cameos on The Real Housewives of Beverly Hills were enough.

The 55-year-old actor — who famously ended his 13-year marriage to Camille Grammer (née Donatacci) while she was filming the hit Bravo show — has partnered up with reality TV veteran Stella Bulochnikov-Stolper to form G3 Productions.

According to Variety, the two have embarked on a joint venture with Zodiak USA to develop reality series concepts and formats that can be sold and distributed around the world.

Bulochnikov-Stolper, a former VH1 programming exec who also masterminded Paris Hilton’s My New BFF, is currently working with Grammer on the Starz drama Boss.

“I knew that Kelsey loved this space and would love to pop some big shows,” Bulochnikov-Stolper says. “The idea that he would lend his name and brain and star power to working on some formats was so exciting to me, and then to have a partner like Zodiak to produce them and sell them all over the world — that’s really going to produce some fireworks.”

[From US Weekly]

US Weekly titles this “Kelsey Grammer Wants His Own Reality Show,” but in the original article they source on Variety there’s no mention of a Kelsey-centric show. It seems like a likely next move. I could easily see him creating a reality show for himself and that Kayte character he took up with behind his wife’s back. It could be a stupid move but Kelsey is an excellent actor and he could convince people that he’s a decent guy despite all the evidence otherwise. I’m sure he’ll hide his high heels and lingerie.

Kelsey is still trying to rush his divorce, probably because that 29 year-old stewardess he’s engaged to is from England and needs a visa. (Although he denies this.) Camille is pushing back through her lawyers and is fighting Kelsey’s move to “bifurcate” the divorce, which means he wants to be legally free to marry someone else right away and will deal with all the property settlement issues later. In court papers detailed by Radar Online, Camille’s lawyer lists their assets at over $120 million, including “a substantial estate which includes multiple real estate properties and their corresponding furnishings, numerous pieces of valuable art, many investment, brokerage, and bank accounts, over twenty-five vehicles.” Who needs 25 cars and houses all over the world? They may have earned over a hundred million together, but I’m surprised they’re in the black because that’s some Nicolas Cage level f*ckery.

Kelsey is shown on the NY set of I Don’t Know How She Does It on 1/20/11. Credit: WENN.com He’s shown out with Kayte and their cute dog on 1/21/11. Credit: Fame.