MSNBC is experiencing significant challenges post-election, with a steep decline in viewership leading to cost-cutting measures, including pay cuts for hosts Joy Reid and Stephanie Ruhle.
Reid’s show, “The ReidOut,” has seen a 47% drop in total audience and a 52% dip in the key 25-54 demographic. As a result, Reid and Ruhle are being asked to accept reduced salaries to remain at the network, with Reid currently earning $3 million annually and Ruhle $2 million.
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Fellow anchor Rachel Maddow has also faced a $5 million cut from her $30 million salary as MSNBC grapples with decreasing ratings and prepares for potential layoffs amid Comcast’s corporate restructuring.
These developments reflect a broader trend affecting left-leaning news networks struggling to maintain viewership in the current political climate.
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