MSNBC Faces Pay Cuts Amid Viewer Drop

MSNBC is experiencing significant challenges post-election, with a steep decline in viewership leading to cost-cutting measures, including salary reductions for hosts Joy Reid and Stephanie Ruhle. Joy 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. 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.