Rachel Maddow Takes $5M Pay Cut as MSNBC Faces Uncertain Future

The anchor secures a new five-year contract as Comcast prepares to spin off MSNBC into a separate entity by 2025.

Rachel Maddow has renegotiated her contract, reducing her annual salary from $30 million to $25 million for the next five years.
Comcast, MSNBC's parent company, plans to spin off several cable channels, including MSNBC, into a new company called 'SpinCo' by the end of 2025.
MSNBC is experiencing a sharp decline in ratings, with overall viewership dropping 40% compared to last year and 54% since Donald Trump's victory in the 2024 election.
Maddow will continue hosting her weekly Monday show and will remain involved in producing podcasts, documentaries, and breaking news coverage.
Executives describe Maddow as essential to the network's brand, though staff and producers face uncertainty about the channel's future direction and potential layoffs.