That seems to mirror what’s happening in local TV news with smaller salary numbers.
On Sat, Sep 28, 2024 at 5:44 AM PGage <[email protected]> wrote: > While unlike Kevin I have seen and heard Hoda a few times in various > contexts, never have I seen her on The Today show, and indeed I was mildly > surprised to be reminded recently that she was one of the hosts. > > She is though part of the last generation of TV News dinosaurs - Big > Salaried Stars that broadcast and cable networks build their programs > around. There are still others of that generation, but all but a few are in > or approaching their 60s, and almost certainly in their last big contract. > > Puck News’ Dylan Thomas wrote about this in his most recent newsletter: > > > > > > *“…the choreography of Hoda’s exit also belied some unpalatable economic > realities…. Hoda was making more than $20 million per year at NBC, > according to sources with direct knowledge of her salary. (Savannah also > makes more than $20 million; Lauer had made $25 million.) NBC > executives loved Hoda and knew her value to the brand, but also made clear > to her agents that such stratospheric contracts were no longer justifiable > given the industry’s inexorable decline. A decade ago, Today and GMA each > averaged around 5 million viewers; today, their audiences are just more > than half of that, at around 2.8 million. And they’ve fared even worse in > the advertiser-coveted 25- to 54-year-old demo, declining from around 2 > million viewers each to about 600,000. Thus, instead of a pay raise, NBC > proposed a cut.Alas, Hoda’s situation is not unique. An economic > realignment is coming to television, and the star system is nearing its > end. Inevitably, almost every handsomely paid on-air talent will be forced > to take a haircut or, at best, accept an almost negligible 2 to 4 percent > cost-of-living raise. Alternatively, they’ll be asked to graciously make > way for significantly lower-priced successors. “This is the age of the > great resetting of TV news contracts,” one veteran media executive told me. > “Everyone is getting their pay cut or their jobs eliminated. In the coming > year, some big names will announce they want to spend more time with their > kids or families or write new chapters. And that may be true. But they also > don’t want to work for less money even though they have already made a > fortune.”After all, the current economic arrangement is entirely > unsustainable. GMA co-hosts George Stephanopoulos, Robin Roberts, > and Michael Strahan cost Disney at least $75 million a year, a ludicrous > expense that will need to be greatly reduced during the next round of > contract negotiations. Both Stephanopoulos and Roberts are 63, and may > determine they don’t want to be paid less to wake up before 4 a.m. to > service a shrinking audience. Strahan already moonlights as a Fox NFL > analyst, which would be a fine safety net. Yes, the era keeps ending, but > it’s starting to end a little faster…”* > > Sent from Gmail Mobile > > > On Thu, 26 Sep 2024 at 8:22 AM Kevin M. <[email protected]> wrote: > >> I’m reasonably certain I’ve lived my life having never seen or heard her >> >> Kevin M. (RPCV) >> >> >> On Thu, Sep 26, 2024 at 7:51 AM 'Bob Jersey' via TVorNotTV < >> [email protected]> wrote: >> >>> So said a memo to staffers... "*I saw it all so clearly: my broadcast >>> career has been beyond meaningful, a new decade of my life lies ahead, and >>> now my daughters and my mom need and deserve a bigger slice of my time pie.* >>> ” >>> https://deadline.com/2024/09/hoda-kotb-today-departure-1236100163/ >>> (link) >>> >>> B >>> >>> -- >>> You received this message because you are subscribed to the Google >>> Groups "TVorNotTV" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to [email protected]. >>> To view this discussion on the web visit >>> https://groups.google.com/d/msgid/tvornottv/a1510261-7ea6-4201-b36f-335c6ba2ac1dn%40googlegroups.com >>> <https://groups.google.com/d/msgid/tvornottv/a1510261-7ea6-4201-b36f-335c6ba2ac1dn%40googlegroups.com?utm_medium=email&utm_source=footer> >>> . >>> >> -- >> You received this message because you are subscribed to the Google Groups >> "TVorNotTV" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to [email protected]. >> To view this discussion on the web visit >> https://groups.google.com/d/msgid/tvornottv/CAKgmY4DGYsrjE9fkbhP60bYmdG8_HAY%2BUbiSnPqSGQCKB%3DfjCw%40mail.gmail.com >> <https://groups.google.com/d/msgid/tvornottv/CAKgmY4DGYsrjE9fkbhP60bYmdG8_HAY%2BUbiSnPqSGQCKB%3DfjCw%40mail.gmail.com?utm_medium=email&utm_source=footer> >> . >> > -- > You received this message because you are subscribed to the Google Groups > "TVorNotTV" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion on the web visit > https://groups.google.com/d/msgid/tvornottv/CAKGtkYKYjQDEzwOmzKsT1Dcjke9Kwkm9TpYqLmNACdKzF8Qsqw%40mail.gmail.com > <https://groups.google.com/d/msgid/tvornottv/CAKGtkYKYjQDEzwOmzKsT1Dcjke9Kwkm9TpYqLmNACdKzF8Qsqw%40mail.gmail.com?utm_medium=email&utm_source=footer> > . > -- You received this message because you are subscribed to the Google Groups "TVorNotTV" group. 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