Hoda Kotb named permanent co-host of NBC's 'Today'

Hannah Rogers | 12 January, 2018, 21:56

"The answer is no - that's not happening", Kotb responded when asked whether her weekly take home would be on the same level as Matt Lauer's previous salary.

Television fanatics are overjoyed to learn on Tuesday, Jan. 2 that Hoda Kotb will join Savannah Guthrie permanently at Today's anchor desk.

NBC sources told Page Six that Kotb landed a $7 million-a-year deal, the same as co-host Savannah Guthrie, while Lauer received $25 million a year before being fired.

According to a show insider that spoke to Page Six, Kotb is content with her pay.

News Chairman Andy Lack made the announcement moments before the morning news show began. She's been a familiar face around NBC since 1998 and to American viewers since 2008. Hoda on the other hand has been the fourth hour cohost with Kathie Lee Gifford for nine years, but she was only added as the full-time third spot anchor last March.

Kotb, 53, will co-host the first two hours of the morning show alongside Guthrie, making the NBC program anchored exclusively by a female team.

The pairing of two women is a departure from the typical man-and-woman morning show format.

Kotb's contract sits at $7 million per year, which is a far cry from the $25 million per year Lauer was making before NBC dropped him over sexual misconduct allegations.

Independent news analyst and THR contributor Andrew Tyndall says that Kotb's new salary is "a symptom of the correct economic decision to downsize the role and not throw millions and millions of dollars at it. [T] he big, splashy outside talent raid is maybe yesterday's news".

NBC management took it day by day and chose to keep Kotb in the chair in December. Women contributors were called "Today Girls" in the early years. Her arrival at NBC hasn't been a monster success; it's been marked by several guest controversies and struggling ratings. "No reason the 10:00 hour should have all the fun!"

Lauer's eventual replacement had always been the subject of internal angst but with a sudden decision forced upon the network, Kotb's performance made it easier.

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Hoda Kotb named permanent co-host of NBC's 'Today'

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