as ratings tank after Joe Scarboroughs Mar-a-Lago meeting and Trumps win One MSNBC executive described the network's climate as being in a 'difficult time'
The news came as Comcast, NBC's parent company, announced it would split NBC News, CNBC, and MSNBC in its quest to create a new spin-off company with several other Comast-owned cable channels.
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MSNBC anchor Rachel Maddow will reportedly take a $5 million pay cut in her salary 4 MSNBC anchor Rachel Maddow will reportedly take a $5 million pay cut in her salaryCredit: Getty Comcast, NBC's parent company, announced it was shaking things up with its news networks
Maddow, 51, is currently on a $30 million a year salary at the network, but after renegotiations, her new contract will be for $25 million a year over the next five years, according to The Ankler.
"This is a difficult time, and they needed to keep her," one executive told the outlet.
"No one else can do what she does. You can't build a brand like it overnight."
Maddow, who joined MSNBC in 2008, is the network's most-recognized news anchor and led its election night coverage.
Poster Comment:
INSANITY. Comcast is a Jewish company. With no ratings, how can they make money and pay Maddow $25 million a year?
They want to sell MSNBC but who would pay even $1 for such a loser lineup?