IPFS News Link • Entertainment: Television (TV)
WATCH: Jay Leno Lays Into Comcast, NBC After Layoffs
• http://www.businessinsider.com, Michael IzzoHe then turned his sights on NBC, saying, “We’ve consistently been number one in the ratings, and if you know anything about our network, that kind of thing is frowned upon.”
He wasn't finished.
“And more bad news, turns out now we’ve been taken over by Bain Capital!” Leno continued. “See, I knew something was going on. Friday morning, I woke up and there was a peacock head in my bed.”
He ended the monologue saying that while it's still free to get into "The Tonight Show," it's going to cost $100 to get out.
While the show may consistently top the late night ratings, its high production cost limits profitability, leading to the budget cut.
Over the weekend Comcast laid off roughly two dozen "Tonight Show" employees—nearly 10 percent of the staff. The actor reportedly took a hefty pay cut of his $25-30 million salary to save as many additional employees as he could.