Monday Sept 10 2012
Jay Leno took a 50% pay cut to keep the Tonight Show going. This illustrates
-the marked change in avaiability of entertainment what with streaming movies and such available
-a real question about the sustainability of network tv
-that inflation won't really get going until all this deflation is over.
Jay Leno took a 50% pay cut in salary from NBC down to 15 million. I think it's a great idea. If it was 50 % of %100,000, I think Jay L would be hurting. However, he's still getting 15 million.
The cause of the pay cut is you guest it DVR. (ATT and other's ect... and NBC trying to fix their budget shortfall since moving the Tonight Show to Prime Time from Late Night in 2007.
Posted by: Eloisehf | September 13, 2012 at 04:43 PM