Tough Times? Jay Leno Forced to take $10 Million Pay Cut and Tonight Show Fires 20 Staffers
Jay Leno shows us that all that glitters isn’t gold, as the Tonight Show is having some tough financial times. The show has reportedly laid off 20 – 25 employees and the host has taken a massive pay cut of $10 million dollars.
It’s hard to feel bad for Leno, who was making way too much at $30 million, but it does send a signal that perhaps the show was a bit over bloated in the first place.
Leno, at the age of 62, is now collecting a cool $20 million. He also makes another $15 – $20 million from personal appearances and speeches. So, maybe he can afford to give another $10 million to help those staffers keep their jobs.
Other staffers don’t make as much as Jay, but they were told to take pay cuts or else. The show is highly popular, but still struggles to break even. The surprise comes from NBC right as the network was heavily criticized for showing delayed broadcasts of the Olympics and deleting Ann Curry from the Today Show.
The show’s weekly budget is from $2.3 million to $2.7 million.
Here is another piece of worthless information that you might find interesting. Jay Leno got his start as a comedy writer for Jimmie Walker. Leno also made appearances on the TV show “Good Times” back in the 1970s.
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