Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Comcast’s NBC Trims 20 ‘Tonight Show’ Jobs, Cuts Leno’s Pay

U.S. President Barack Obama
U.S. President Barack Obama chats with Jay Leno during a break while recording an interview on the "Tonight Show with Jay Leno" at the NBC Studios in Burbank, California, on Oct. 25, 2011. Photographer: Jewel Samad/AFP/Getty Images

Comcast Corp.’s NBC Universal eliminated about 20 positions from “The Tonight Show” and host Jay Leno took a salary cut, a person familiar with the moves said.

Leno, who receives about $25 million to $30 million a year, agreed to accept about $20 million, according to the person, who wasn’t authorized to speak publicly. The Los Angeles Times and, a movie and entertainment website, reported the staff cuts and Leno’s pay package earlier.

Dick Guttman, a publicist for Leno, didn’t respond to a voicemail left by Bloomberg News seeking comment. Leno’s agent, Steve Levine, also didn’t immediately reply to a voicemail and e-mail.

The move comes 19 months after Philadelphia-based Comcast, the largest U.S. cable operator, acquired control of NBC Universal from General Electric Co. GE, based in Fairfield, Connecticut, moved Leno to 10 p.m. three years ago in a failed attempt to move the late-night talk-show host into prime time.

Other staff members also agreed to pay cuts as well, the Times reported.

The newspaper said the show’s weekly budget will be about $1.7 million after the cost cuts, down from about $2.3 million now.

Shares of Comcast fell less than 1 percent to $34.02 on Aug. 17 in Nasdaq trading. The stock is up 43 percent year to date.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.