Rachel Maddow Taking Massive Pay Cut at MSNBC

5,049 Views | 62 Replies | Last: 10 hrs ago by Ridgeback85
UTExan
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https://www.huffpost.com/entry/rachel-maddow-pay-cut-msnbc-comcast-shakeup_n_67400fe7e4b0fc93e3d15709

" MSNBC's Rachel Maddow has reportedly agreed to take a "far lesser amount" than her current $30 million a year as worries loom among MSNBC staff after parent company Comcast revealed its plan to spin off several NBCUniversal channels including that network into a new company.
Maddow, who has been with MSNBC since 2008, renegotiated her deal with the network and is set to make $25 million annually for the next five years, a $5 million per year pay cut…"
($30 million and STILL no National Championship???)

" The news of Maddow's pay cut comes as MSNBC staffers are "in a panic" over the network's future, sources told The New York Post earlier this week."

" An unnamed NBC News producer in remarks to TheWrap said staffers are "in the dark" over what the shake-up means for their outlet's relationship with MSNBC moving forward, adding that they expect the ties to be "cut off."
There have been concerns over changes for on-air talent, too, as MSNBC's total daily viewership has sank significantly since Donald Trump won the election."

///

Very surprised. I thought the Resistance would have galvanized MSNBC viewers.




“If you’re going to have crime it should at least be organized crime”
-Havelock Vetinari
Gaeilge
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Still overpaying. She should pay them to broadcast her whiny ass
B-1 83
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AG
Gaeilge said:

Still overpaying. She should pay them to broadcast her whiny ass
Yep. As my dad would say "She's crying all the way to the bank". Her pride may be hurt, but not really her finances.
theeyetest
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Damn. I'd be a liberal shill and bloviate about whatever the DNC or Biden Admin asked me to for $30mm per year. That's just an outrageous number.
Highway6
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I had no idea lying paid that well
HoustonAg2106
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She is still getting $25 million per year after a "massive" pay cut??
UTExan
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theeyetest said:

Damn. I'd be a liberal shill and bloviate about whatever the DNC or Biden Admin asked me to for $30mm per year. That's just an outrageous number.


The least she could do is to "pay her fair share" by donating half her salary to keep her staffers employed!
“If you’re going to have crime it should at least be organized crime”
-Havelock Vetinari
Bird Poo
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Propagandists are not cheap. I would not be surprised if her pay was somehow subsidized by taxpayer money. How else are democrats going to afford these idiots?
pacecar02
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Has she even won a Natty?
aggiehawg
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As Bill O'Reilly said that Comcast is not really spinning MSNBC off as much as cutting off MSNBC's resources that formerly came from NBC News. Comcast is washing their hands of MSNBC, CNBC.
hsjnlssmith89
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Gosh, i hope she can pull through this down turn and be ok.
UTExan
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hsjnlssmith89 said:

Gosh, i hope she can pull through this down turn and be ok.


I hope she has the grace to help newly unemployed staff carry items from offices to their cars as they are escorted off the premises by security.
“If you’re going to have crime it should at least be organized crime”
-Havelock Vetinari
AgGrad99
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That is an interesting salary.

Who are they competing against, for her? Her schtick doesnt fit at any other network, and she would only make a fraction of that on her own.

It seems like they outbid themselves, and gave her a massive paycheck for no reason.

AlexNguyen
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AgGrad99 said:

That is an interesting salary.

Who are the competing with for her? Her schtick doesnt fit at any other network, and she would only make a fraction of that on her own.

It seems like they outbid themselves, and gave her a massive paycheck for no reason.




Apparently she has a single one hour show per week. Wow!
Chet Ripley
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I can't help but wonder if I was making $30 million a year, and got cut to $25 million, would I even feel a difference? Would I have to sit down and ask what corners I can cut?
William Foster
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Absolutely INSANE that someone like her was making THIRTY MILLION DOLLARS PER YEAR. Significantly more than most Fortune 500 CEO's. This country is crazy.
aggiehawg
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AgGrad99 said:

That is an interesting salary.

Who are the competing with for her? Her schtick doesnt fit at any other network, and she would only make a fraction of that on her own.

It seems like they outbid themselves, and gave her a massive paycheck for no reason.
Media deals are a little bit different and apparently the hope is the spinoff can attract new investors to keep the lights and cameras on. Like her or hate her, she is one of their few stars that still has an audience, albeit a much smaller one. Keeping her under contract is a possible perceived value add.

Don't agree with it but it is their call.
AGinHI
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Garrelli 5000
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If I remember correctly she screwed them after negotiating the $30M a year contract. Soon after she said she was only working ?one? day a week or something along those lines. They bent over and took it.

Maybe she picked up the pace again but this was due anyway. If still only once a week they need to cut more.

Whomever allowed that in the first place needs to never have a management job. One of many reasons they need to reevaluate wtf they are doing.
No Spin Ag
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Gaeilge said:

Still overpaying. She should pay them to broadcast her whiny ass


This.

The network is failing yet she will still make infinitely more money than the average person for doing nothing but spewing faux outrage.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
e=mc2
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She gets a million per viewer. Damn.
Trajan88
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Wonder how much they're paying mashed potato-face Mika and her hubby Morning Schmoe... and "reverend" Al?!

Anything over $0.01 would be too much.
GaryClare
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theeyetest said:

Damn. I'd be a liberal shill and bloviate about whatever the DNC or Biden Admin asked me to for $30mm per year. That's just an outrageous number.
No, kidding - and it's not that difficult. All you have to do is say the exact opposite of what is true and to communicate it with no common sense in a convincingly, exaggerated manner that idiots will believe. Boom, 25 million a year.

I now see what I am doing wrong - I appear to be trying to make money the hard way.
Moral High Horse
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oh no rachel.

EMY92
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She does a show on Monday each week...for $30 million, soon to be $25 million. I am sure that she has plenty of vacation time to miss additional Mondays. So, she's probably working 42-45 days per year...for $30 million while spewing her commie views.
aggieforester05
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What an incredible waste of money. They'd gain more by lighting it on fire!
Logos Stick
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Rachel is talented. She's very good at writing unhinged fiction that fills the souls of lefties. Those lefties buy stuff too.
Sid Farkas
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Ill bet the math bears out. She's the most overpaid dude on television.
Mr Mojo Risin
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aggieforester05 said:

What an incredible waste of money. They'd gain more by lighting it on fire!
And cut carbon emissions
America was built on speed, hot, nasty, badass speed.
whatthehey78
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Don't think a 17% cut will save that POS network.
Alexander, Caesar, Charlemagne, and myself founded empires; but upon what foundation did we rest the creations of our genius? Upon force! But Jesus Christ founded His upon love; and at this hour millions of men would die for Him. - Napoleon Bonaparte
Rockdoc
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So for 25 million they can't get anybody better? I refuse to believe that. That amount of money for an imbecile is just unreal.
TRADUCTOR
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Trump being elected saved these godless people cause they can now spew their lies for the next 4 years.
X was born on October 28, 2022 and should be a national holiday.
C@LAg
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sucks to be him.
AgGrad99
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aggiehawg said:

AgGrad99 said:

That is an interesting salary.

Who are the competing with for her? Her schtick doesnt fit at any other network, and she would only make a fraction of that on her own.

It seems like they outbid themselves, and gave her a massive paycheck for no reason.
Media deals are a little bit different and apparently the hope is the spinoff can attract new investors to keep the lights and cameras on. Like her or hate her, she is one of their few stars that still has an audience, albeit a much smaller one. Keeping her under contract is a possible perceived value add.

Don't agree with it but it is their call.
You're right, and I get all that...but her compensation still seems veryyyyyyyy inflated for what she brings to a low rated news network.
Decay
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Whenever I hear something like this I immediately wonder what the passthrough money laundering piece is.

There's no way they're paying her $30 or $25 million to do what she does.

Is there some kind of staffing piece to this? Like her salary is what's reported but that actually pays for other things like the employees or something? Or a huge kickback to a nonprofit?
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