Rachel Maddow gets $30 MILLION a year to stay with MSNBC through 2024, despite the show going weekly
Maddow, 48, has struck a new deal that will allow her to develop projects outside of MSNBC while working fewer days
Rachel Maddow will get a whopping $30 million a year to stay with MSNBC until the 2024 election, despite recent and “heated” negotiations that have brought the longtime host into a soft weekly format, according to one Daily Beast report.
The multi-year deal will see Maddow, who is currently reportedly earning at least $7 million a year on her current contract, developing new projects with the cable channel and parent company NBCUniversal, according to Business Insider.
She will also switch from her five-day show in 2022 to broadcasting just one day a week next year, sources said. CNN.
The 48-year-old former Rhodes scientist, who is the top-rated host for MSNBC, has talked about streaming and podcasting as an alternative to hosting a nightly show, the Daily Beast reports.
Maddow wants more ‘freedom, time for her personal life and for other projects’
Maddow has hosted the show since 2008.
According to insiders close to the new deal, Maddow will part with The Rachel Maddow Show around spring 2022 and instead host a broadcast that will air weekly for about 30 weeks a year, the Daily Beast reports.
The outlet reports that NBCUniversal, MSNBC’s parent company, was forced to make a number of concessions to keep Maddow on board, including significantly less time on the air, which has been described by some as a “deal breaker.”
Maddow wants more “freedom, time for her personal life and for other projects,” sources told the website.
Insiders told the outlet that Maddow’s soft new contract was meant to give the network more time to find her eventual replacement.
She considered “seriously” moving to another network or starting her own media company before signing the new deal.
In 2013, Maddow was making $7 million a year according to a TV Guide survey, though that figure has almost certainly increased since then.
Meanwhile, her current 9:00 p.m. timeslot competes head-to-head with Fox News’ leader Sean Hannity, and CNN’s fellow Liberal Chris Cuomo. Cuomo has been dealt a blow after his brother, former Governor Andrew Cuomo’s sex scandal prompted him to resign as New York governor earlier this month. Maddow now regularly beats him in the ratings.
For the month of July, she was second in the ratings after Hannity.
The trend lasted on August 19, when conservative Hannity scored 3.3 million viewers, a full million more than Maddow’s 2.28 million. AdWeek.
Still, she beat fellow Liberal Cuomo’s measly 969,000 viewers.
Former MSNBC president Phil Griffin was brought in to advise on Maddow’s contract extension negotiations, which became “heated.”
Maddow will battle Fox’s Sean Hannity (left) and CNN’s Chris Cuomo at 9 p.m. Hannity defeated Maddow on August 19 with a million viewers, while Cuomo fell far behind
Ex-MSNBC head Phil Griffin was reportedly brought in to tame Maddow’s ‘heated’ negotiations
She was represented by Agent Ari Emanuel, the CEO of Endeavour, who also represents Joe Scarborough and Mika Brzezinski of MSNBC’s Morning Joe.
In a New York Times Magazine article as of 2019, Maddow complained about how much she worked while on her way to Raoul’s, a French bistro serving a $54 steak dish, in Manhattan’s SoHo neighborhood.
“I realize now — 10, 11 years into this — that it’s okay to work long hours,” she said.
“But it’s not good for you to work incessantly long days for ten years, five days a week, 50 weeks a year.”
At the time, she beat Fox News’ Megyn Kelly, who was making $6 million a year. CNN’s Chris Cuomo was making about $2.5 million a year at the time.
Maddow graduated from Stanford University in 1994 and received his PhD in politics from Oxford in 2001.
Maddow’s partner, 22, contracted COVID last year and said she thought it ‘could kill her’
She has been with her partner Susan Mikula since 1999. Maddow was off the air for nearly two weeks after Mikula contracted COVID-19 last year.
“Susan has been sick with COVID for the past few weeks,” she told her audience during the broadcast from home on Nov. 19, 2020.
“And at one point we really thought there was a possibility it could kill her. And that’s why I’ve been gone.’
She warned her viewers to do their best not to contract the virus.
“It doesn’t necessarily have to be you. It will be the person you care about most in the world. And how can you bear that? And the only thing you can do to stop that is move heaven and earth not to get it and not to pass it on.’