MSNBC slashed star anchor Rachel Maddow’s annual salary by $5 million as the left-leaning network continues to reel from parent company Comcast’s decision to spin off its struggling cable properties, according to a report.
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Maddow — who rakes in $30 million a year for hosting “The Rachel Maddow Show” just one day a week on Mondays — renegotiated for a $25 million salary for the next five years, The Ankler reported on Thursday.
“This is a difficult time and they needed to keep her,” one executive told the news site. “No one else can do what she does. You can’t build a brand like it overnight.”
Another executive called Maddow “ratings Viagra.”
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