MSNBC anchor Rachel Maddow will reportedly take a $5 million pay cut as the cable television network's ratings continue to nosedive.This follows Comcast, NBC's parent company, announcing it would split MSNBC and CNBC from NBC News in a bid to create a new spin-off company with several other Comast-owned cable channels.

MSNBC's Rachel Maddow will remain at the ratings-challenged network for the foreseeable future after inking a new contract, Fox News Digital has learned.

MSNBC "needed" to keep the anchor after parent company Comcast announced plans to spin off several NBCUniversal channels, one executive said.

TV host’s reported pay cut comes after the network saw a significant dip in ratings following Donald Trump’s election win

Rachel Maddow, one of the network's biggest names, even took a paycut, trimming her salary by $5 million. Following the news that Rachel's salary had been trimmed by $5 million, many wanted to know what the starting figure was.

Rachel Maddow, MSNBCs marquee host, has reportedly taken a significant $5 million pay cut from her annual salary, sparking a wave of concern among network staffers. According to insiders, this move has fueled

Rachel Maddow has renewed her contract to stay with MSNBC, though she'll be paid less over the next five years; meanwhile, MSNBC's ratings continue to tank after Morning Joe's co-hosts affirmed their meeting with President-elect Trump last week.