Hoda Kotb’s shock news today that she will certainly be tipping down as support of NBC’s “Today” remained in component because of the network asking her to take a pay cut, Puck News reported Friday.
According to Puck, she made greater than $20 million a year, a wage network execs informed her could not be warranted any longer many thanks to the transforming program landscape.
“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,” due partially to the high rankings decrease influencing “Today” and rivals like “Good Morning America,” Puck reported.
In September, 2014, “Today” balanced 4.672 million complete visitors. However this month, the program balanced 2.536 million, regardless of directly defeating competitors at various other networks.
Representatives for NBC really did not promptly reply to an ask for remark from The Cover.
Kotb introduced throughout Thursday’s episode of “Today” that she will certainly tip down and shift right into a as-yet undefined various function at NBC early in 2025.
In a memorandum to personnel that Kotb additionally checked out on-air, she stated that made her choice in August after recognizing “it was time for me to turn the page at 60, and to try something new.”
“As I write this, my heart is all over the map,” Kotb proceeded. “I know I’m making the right decision, but it’s a painful one. And you all are the reason why. They say two things can be right at the same time, and I’m feeling that so deeply right now. I love you and it’s time for me to leave the show.”
Kotb has actually invested 10 of her 26 years at NBC at “Dateline,” 7 on the 7 a.m. “Today” hour and 16 on the 10 a.m. hour. She aided introduce the program’s 4th hour along with Kathie Lee Gifford and Jenna Bush Hager.
The article Hoda Kotb Decided to Exit ‘Today’ After NBC Proposed Cut to Her $20 Million Salary|Report showed up initially on The Cover.
