Tuesday, June 14, 2016

Look for Megyn Kelly to stay at Fox News

Megyn Kelly hosts a prime-time cable program, for which Fox News pays her about $10 million a year. Her contract expires a little over a year. Given her high profile, speculation has already started about where she might land and in what role. From the Los Angeles Times:

That’s the climate; then you must consider the baggage Ms. Kelly carries. That started last year when interviewers and debate moderators vied to take shots at Donald Trump, eager to be credited with bringing his fledgling campaign down. Things got personal between Ms. Kelly and Mr. Trump, probably to the benefit of neither.

As Ms. Kelly’s profile rose, she signed on with Creative Artists Agency, which represents many TV heavyweights. She also changed her look, traditionally pretty-girl blonde, to a pulled-back, all-business style. (Stop with the “sexist” tripe; we’d also notice if Sean Hannity shaved his head.)

She’ll be 46 when her contract is up with a long career ahead. CAA management would like to double her current salary. But that seems unlikely, given the industry terrain and her unique value to Fox News (and likely only to Fox News, despite Trump fans’ calls on Twitter for a boycott). More from the Times: 

This is the side of the cable industry few people consider. Without Fox News, ESPN, CNN, USA Network, the Turner networks and Animal Planet (my personal favorite), cable and satellite systems would find far fewer subscribers willing to pay monthly rates that border on insane.

After the political dust settles, CAA will shop Ms. Kelly’s services; expect denials all around after news stories are leaked. But as one news exec noted: “I don’t think that she hired CAA in order to make less money.” Of course, that won’t happen. An educated guess is that the best offer will come from Fox News.

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