Today’s AllAccess.com reports that ESPN has asked a number of it’s prominent on-air hosts to take a 15% pay cut over the next three months. The network said that the cuts were requested from about 100 of its commentators after its executives agreed to 20% to 30% pay cuts. Among the hosts agreeing to the cuts are Scott Van Pelt, , Stephen A Smith, Dick Vitale, Mike Breen, Mark Jackson, and Jay Bilas, Dan Le Batard & Jon “Stugotz” Weiner.
Meanwhile, TV/Radio group owner Scripps CEO Adam Symson emailed employees yesterday and said that he and other top company management were taking pay cuts and that the company would donate the amount of the cuts to the Scripps Howard Foundation employee fund. FTVLive quotes Symson’s email: “We have significantly tightened our belt to help us manage the current economic climate with as little impact to our employees as possible. We will continue to do everything we can to avoid impacting our employees further.” In other words, Scripps is really trying to not impact their employees financially and if it does happen, it will be the last resort.
We are sorry that this post was not useful for you!
Let us improve this post!
Tell us how we can improve this post?