India, Feb. 25 -- Joy Reid, who started working with MSNBC in 2011, suffered a significant casualty as the network cancelled her show The ReidOut in a major overhaul. Her exit from MSNBC's primetime schedule is a reflection of the network's more pressing financial issues.

The ReidOut reportedly recovered lower than 10% of its advertising expenses due to its inability to draw in advertisers. The show had one of the poorest ratings among cable news evening programs, with an average viewership of less than 50,000.

MSNBC reduced salaries of all the employees in late 2024, which brought Reid's yearly salary down to $1.5 million from $3 million. However, she made an effort to increase her revenue through other endeavors.

Her three political ...