Maddow Hit With $5 Million Pay-Cut As Musk, Trump Jr Joke About Buying MSNBC
The left-wing cable news channel MSNBC has reportedly cut the salary of one of its top hosts, Rachel Maddow, by a staggering $5 million as the network suffers from ongoing financial problems and a steep decline in ratings.
As reported by the New York Post, Maddow saw her salary fall from $30 million to $25 million during her contract renegotiations this month. Her show, “The Rachel Maddow Show,” airs weekly on Mondays. Her show has been highlighted as one of the few on the network that is still doing well with viewership in the weeks since the 2024 election.
"This is a difficult time and they needed to keep her,” said one anonymous executive. “No one else can do what she does. You can’t build a brand like it overnight.”