MSNBC pays Maddow $30m year; weekday show to end in '22 [View all]
Last weekend, news leaked that the iconic liberal TV host decided to sign a new contract with MSNBC after The Daily Beast first reported that she was considering leaving the nightly show she’s helmed for 13 years to start her own venture.
That deal will give Maddow, the highest-rated host on MSNBC, a jaw-dropping $30 million per year to keep her with the company through the 2024 election, according to four people familiar with the matter.
As part of the deal, Maddow’s long-running 9 p.m. nightly broadcast will end next year. Instead, after stepping back from The Rachel Maddow Show, she will host a weekly program set to air roughly 30 weeks out of the year.
The contours of the deal were reported in outlets including the Wall Street Journal and CNN, which first noted the end to Maddow’s famed show. But The Daily Beast has learned that NBCUniversal News Corp., the parent company of cable news network MSNBC, made some other massive concessions in a deal that will ultimately mean less Maddow airtime overall. The deal, insiders told The Daily Beast, effectively buys the network more time to figure out an eventual replacement for the multi-faceted role Maddow plays at MSNBC.
https://www.thedailybeast.com/inside-the-massive-msnbc-deal-paying-rachel-maddow-to-work-less
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