Summarize this content to 2000 words in 6 paragraphs MSNBC has canceled The ReidOut as part of a major programming overhaul.The network’s decision to cancel the 7 p.m. show hosted by Joy Reid comes amid broader changes following the appointment of new president Rebecca Kutler.As Reid’s prime-time show ends, some may be wondering about her salary at MSNBC and her overall net worth.What Is Joy Reid’s Net Worth?Reid has an estimated net worth of $4 million, according to Celebrity Net Worth. Her wealth stems from her extensive career in journalism, television hosting and book publishing.Before securing a prime-time slot at MSNBC, Reid worked as a political columnist and radio talk show host. She has also written multiple books, including The Man Who Sold America: Trump and the Unraveling of the American Story and Fracture: Barack Obama, the Clintons, and the Racial Divide.
Joy Reid at the Tribeca TV screening of “Rest in Power: The Trayvon Martin Story” during the 2018 Tribeca Film Festival in New York.
Joy Reid at the Tribeca TV screening of “Rest in Power: The Trayvon Martin Story” during the 2018 Tribeca Film Festival in New York.
Evan Agostini/Invision/AP, File
What Was Joy Reid’s Salary Before MSNBC Show Cancellation?Reid was one of MSNBC’s highest-paid hosts, earning $3 million per year for hosting The ReidOut, the Washington Free Beacon reported. However, in late 2024, she and other anchors were offered pay cuts as part of a cost-saving effort at the network, the Ankler reported.The salary adjustments came amid declining ratings for The ReidOut. According to Nielsen Media Research, MSNBC saw a 53 percent drop in prime-time viewership following the 2024 election, which affected Reid’s audience numbers.What Other Roles Has Joy Reid Had?Reid has been with MSNBC since 2011 and has hosted multiple programs on the network. Before launching The ReidOut in 2020, she hosted the weekend morning show AM Joy and briefly led The Reid Report.Her career began in radio and print journalism. She spent time as a political columnist for The Miami Herald and managing editor at TheGrio. She has also taught a journalism course at Syracuse University’s Newhouse School of Communications.Why Was The ReidOut Canceled?MSNBC has not publicly commented on the reason for Reid’s departure from the 7 p.m. slot, which is part of a larger restructuring under Kutler.The last episode of The ReidOut is scheduled to air this week, a source familiar with the matter previously told Newsweek.A new panel program featuring Symone Sanders Townsend, Michael Steele, and Alicia Menendez, who co-host The Weekend, is set to replace Reid’s show. The new show is scheduled to air at 7 p.m. on weekdays, with a two-hour format on Mondays.As MSNBC adjusts its prime-time lineup, it is unclear whether Reid will remain at the network in a different role.
