MSNBC Reportedly Tells Two More Anchors To Take Pay Cuts Amid Ratings Tank [View all]
Source: Huff Post
Dec 20, 2024, 11:33 AM EST | Updated 4 hours ago
MSNBC is negotiating pay cuts with night anchors Joy Reid and Stephanie Ruhle as the cable channel nosedives in the ratings after the election, according to a report.
Rachel Maddow, arguably the star of the network, previously agreed to pare down her $30 million salary, it was reported. The Ankler’s report this week about Reid and Ruhle negotiating pay cuts should come as no surprise.
Parent company Comcast generated concern over MSNBC’s future by announcing a plan to spin off MSNBC and some other NBCUniversal properties into a new company.
But perhaps more urgent is the station’s plummeting viewership. Its prime-time audience tanked 55% from Nov. 4 through Dec. 15, according to Nielsen ratings cited by The Wrap. (CNN, a mainstream counterpart, experienced a 46.7% drop.)
Read more: https://www.huffpost.com/entry/joy-reid-stephanie-ruhle-pay-cut-msnbc_n_67655820e4b09e10a435e039
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