Joy Reid and her show “The Reid Out” are reportedly on the chopping block!
According to multiple reports, Joy Reid will need to take a substantial pay cut if she wants to remain with MSNBC.
Reid reportedly makes roughly $3M per year currently.
NEW: Far-left MSNBC host Joy Reid will have to take a pay cut if she wants to stay in her role at the network, according to The Ankler.
The news comes after Rachel Maddow was also reportedly forced to take a $5M pay cut.
Reid and Maddow aren't the only anchors impacted. Host… pic.twitter.com/6Om3ekAOti
— Collin Rugg (@CollinRugg) December 19, 2024
NEW: Far-left MSNBC host Joy Reid will have to take a pay cut if she wants to stay in her role at the network, according to The Ankler.
The news comes after Rachel Maddow was also reportedly forced to take a $5M pay cut.
Reid and Maddow aren’t the only anchors impacted. Host Stephanie Ruhle also will reportedly need to take a pay cut.
Reid currently is making around $3M a year to host her show.
ADVERTISEMENTThe development comes as ratings for the far-left network continue to slump after the 2024 election.
No official word yet on whether Reid is interested in accepting the offer and remaining on the air, or if she will be exploring other options.
MSNBC reportedly offers Joy Reid, Stephanie Ruhle pay cuts to stay in anchor chairs https://t.co/jjhl0GxEYz pic.twitter.com/ipXWjFHWnF
— New York Post (@nypost) December 19, 2024
Here are more details from the NY Post:
MSNBC’s Joy Reid and Stephanie Ruhle will reportedly need to take a pay cut if they want to remain in their anchor chairs as the struggling cable network continues to cut costs.
The left-leaning news channel — which recently gave star anchor Rachel Maddow a $5 million-a-year haircut from her annual $30 million haul — has been negotiating with Reid and Ruhle on new deals at reduced salaries, according to the Ankler newsletter.
The controversial Reid is believed to be earning $3 million a year to host her nightly 8 p.m. show, “The ReidOut,” according to the Washington Free Beacon.
Reid, who has been with the network since 2011 and in primetime since 2020, recently raised hackles again with a pre-Thanksgiving rant in which she accused Republicans of worshiping Donald Trump “instead of Jesus.”
She has also been a frequent Trump basher but recently praised him for being more accessible to the press than President Biden. Ruhle revealed she was able to contact Trump on his cellphone — though he told her to “go f–k myself” when she asked for an interview, she quipped.
A third prominent host, Jonathan Lemire — who was elevated this month to co-host “Morning Joe” from anchoring “Way Too Early” — has also been offered a new contract at a reduced salary, the Ankler reported.
ADVERTISEMENTAn MSNBC spokesperson reached by The Post said the network would not comment on personnel matters.
The reported lowball offers follow an exclusive story by The Post that staffers at MSNBC’s headquarters at 30 Rock are in a panic over looming layoffs after parent company Comcast announced plans to spin off its cable properties.
Of course, I can’t mention Joy Reid without asking if she hates President Trump so much, WHY did she copy his hairstyle?
I hadn’t seen this!!!🤣🤣🤣
To Joy Reid: “Did you steal Trump’s haircut or did he steal yours?”
Y’all think this is why she stopped wearing that wig?!?😆👇🏻 pic.twitter.com/adHuzBYxqN
— SaltyGoat (@SaltyGoat17) July 18, 2024
The pay cuts come as Reid’s show has reportedly lost nearly 50% of its audience just since the Election, a devastating loss.
Fox News has more:
MSNBC host Joy Reid and her primetime colleagues have faced a brutal decline in viewership since the election.
“The ReidOut” has shed 47% of its total audience, averaging just 759,000 viewers after averaging 1.4 million viewers throughout 2024 leading up to Election Day, according to Nielsen Media Research.
ADVERTISEMENTReid lost even more viewers among the advertiser-coveted demographic ages 25-54, losing a whopping 52% of them, now averaging only 76,000 key demo viewers.
Reid’s MSNBC primetime colleagues have also suffered devastating losses in viewership over the past month. The network’s primetime lineup has lost a whopping 53% in total viewers, averaging at 621,000, and an astonishing 61% of viewers in the key demo, averaging 57,000.
MSNBC’s biggest star, Rachel Maddow, who is only on-air Mondays, went from averaging 2.4 million total viewers leading up to the election to averaging just 1.4 million, a 43% drop. Her viewership drop among viewers in the key demo is more drastic, having lost 56% of them, averaging 103,000. Maddow is MSNBC’s only primetime host to maintain six-digit viewership in the key demo.
“All In” host Chris Hayes also lost 56% of his key demo viewers in the 8 p.m. ET timeslot Tuesday through Friday, averaging only 73,000 after he averaged 166,000 before the election. Hayes has shed over half of his total viewers, going from 1.5 million to just 728,000.
Hayes’ Monday night replacement, “Inside” host Jen Paski, lost a whopping 61% among key demo viewers, averaging just 57,000. The former Biden press secretary also shed 53% of her audience, now averaging 710,000 total viewers.
Will this be the end of the line for the race-baiting Reid?
Hey, maybe she can just “get into podcasting” like Chris Wallace?
BREAKING: Chris Wallace Out At CNN! Will Pursue Strange New Career….
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