MSNBC hosts Joy Reid and Stephanie Ruhle are reportedly being asked to accept reduced salaries to maintain their roles as the network seeks to cut costs. This development follows a recent pay cut for Rachel Maddow, whose salary was reduced by $5 million annually. The far-left news network has seen ratings plummet for its flagship programming since President-elect Donald J. Trump’s landslide 2024 election victory.
Joy Reid, currently hosting the 8 PM show The ReidOut, is believed to earn $3 million annually. Reid, with MSNBC since 2011 and a primetime anchor since 2020, has recently reemerged as a leading conspiracy theorist regarding the first assassination attempt against Trump and other ‘BlueAnon‘ figments. Meanwhile, Stephanie Ruhle, who hosts The 11th Hour at 11 PM weeknights, reportedly receives $2 million annually. Ruhle, known for her critiques of Donald Trump, recently acknowledged his accessibility to the press compared to President Joe Biden and Vice President Kamala Harris.
Jonathan Lemire, newly appointed co-host of Morning Joe, is also facing a potential salary reduction
MSNBC, headquartered at 30 Rockefeller Plaza, is experiencing internal concern over potential layoffs after parent company Comcast announced plans to spin off its cable properties. There are further concerns regarding the future of MSNBC President Rashida Jones, although network representatives have denied reports of her potential departure. This situation arises amidst declining primetime ratings, with MSNBC’s viewership dropping by more than 50 percent since November.
Meanwhile, competing network Fox News has reported a 7 percent increase in audience numbers since Election Day, maintaining its status as the leading cable news channel in both total viewers and the important 25-54 age demographic.
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