US: Megyn Kelly leaves NBC with all of her $69 million contract intact - PressFrom - US
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USMegyn Kelly leaves NBC with all of her $69 million contract intact

05:55  12 january  2019
05:55  12 january  2019 Source:   cnn.com

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Kelly is halfway through a three-year contract worth a total of $ 69 million -- an eye-popping sum even by the inflated standards of television news. Three days after her blackface remarks on air, NBC announced that it had canceled " Megyn Kelly Today." Talks about the terms of her exit soon turned

Talks about ending " Megyn Kelly Today" started before the blackface remarks, due to underperforming ratings and growing tensions between Ms. Kelly and NBC executives. Bowing to the terms of the contract , NBC will pay Ms. Kelly the remaining sum of money, believed to total about million

Megyn Kelly leaves NBC with all of her $69 million contract intact© Nathan Congleton/NBC/NBCU Photo Bank via Getty Images Megyn Kelly

Two years after she signed with the network amid much fanfare, Megyn Kelly and NBC have officially parted ways.

The split was announced on Friday ending a drawn-out and acrimonious exit that was put in motion in the fall after Kelly defended Halloween costumes that incorporate blackface during a segment on her 9 a.m. talk show.

"The parties have resolved their differences, and Megyn Kelly is no longer an employee of NBC," the network said Friday night.

Talks about ending "Megyn Kelly Today" started before the blackface remarks, due to underperforming ratings and growing tensions between Kelly and NBC executives. But the Halloween controversy sealed her fate, according to sources familiar with the matter. Her talk show was cancelled within days, and her lawyer began negotiating the terms of her exit.

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Talks about ending " Megyn Kelly Today" started before the blackface remarks, due to underperforming ratings and growing tensions between Kelly and NBC Her talk show was cancelled within days, and her lawyer began negotiating the terms of her exit. Kelly is halfway through a three-year contract

Kelly was being paid reportedly between million and million a year at NBC .[88] After an initial run of eight episodes in the summer of 2017, NBC decided to bring her newsmagazine show Sunday Night with Megyn Kelly " Megyn Kelly leaves NBC with all of her $ 69 million contract intact ".

Kelly is halfway through a three-year contract worth a total of $69 million -- an eye-popping sum even by the inflated standards of television news.

Bowing to the terms of the contract, NBC will pay Kelly the remaining sum of money, believed to total about $30 million, two of the sources said.

Kelly will be subject to an industry standard nondisparagement clause, limiting what she can say about her time at NBC and her interactions with NBC executives. Television contracts typically include language to protect both sides in the event of an ugly breakup.

But representatives for the host and the network declined to comment on the exact terms of her exit.

Kelly is not believed to be subject to any "noncompete" clause, which means that in theory she can join another network right away, the sources said.

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Talks about ending " Megyn Kelly Today" started before the blackface remarks, due to underperforming ratings and growing tensions between Kelly and NBC Kelly is halfway through a three-year contract worth a total of $ 69 million -- an eye-popping sum even by the inflated standards of television news.

Megyn Kelly is officially done at NBC , and she is leaving with the rest of her $ 69 million contract payday. NBC announced that it has formally finalized the terms It had previously been reported that Megyn Kelly would walk away with the full amount of her original contract , roughly two months ago.

But Kelly does not currently have an agent, and there is no indication that she has another job lined up.

When approached by celebrity photographers on the street in New York City on Thursday, and asked "will we see you on TV this year," Kelly said. "You will definitely see me back on."

A representative for Kelly declined to comment further.

Friday's announcement marks a premature end to a partnership that ultimately failed to elevate the anchor's stature and the network's ratings. And the hostility surrounding her departure stands in sharp contrast to the optimism that greeted her arrival at NBC in January 2017.

After 12 years at Fox News, Kelly was one of the most sought-after stars in the television news world, drawing interest from a number of networks. Fox reportedly offered her a new contract worth more than $20 million a year, but Kelly was eager to shed the combative style she honed at the conservative network.

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Megyn Kelly 's relationship with NBC is over. “The parties have resolved their differences, and Megyn Kelly is no longer an employee of NBC ," the statement read. According to multiple reports, Kelly is leaving the network with the remainder of her $ 69 million contract .

It’s official: Megyn Kelly has parted ways with NBC , three months after being yanked off the air. Kelly and the Peacock network have officially reached an exit agreement, according to CNN, that will see the anchor walk away with every penny of her original three-year, $ 69 million contract

"Barbara Walters has retired," Kelly told Variety in 2015, when she was still at Fox. "Oprah has moved to the OWN network and is doing a different thing now. So why not me?"

At NBC, Kelly hoped she would be able to fulfill the softer role she had long envisioned for herself. The network had ambitious plans for Kelly, handing her hosting duties for a Sunday evening news magazine and the 9 a.m. hour of the "Today" show. But the marriage was awkward from the jump.

"Sunday Night with Megyn Kelly" was poorly received and ended after a short run in the summer of 2017. And "Megyn Kelly Today" was defined by disappointing ratings and awkward moments, with the host sometimes seeming ill-suited for the bubbly world of morning television.

Kelly won plaudits for aggressively covering cases of sexual misconduct when the #MeToo movement became an international story in late 2017.

But her coverage -- especially of the case involving "Today" show co-host Matt Lauer -- rankled some of her colleagues.

This contributed to tensions between Kelly and NBC executives, including NBC News chair Andy Lack, who invested tens of millions of dollars in her hiring.

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Megyn Kelly . Photo: Phillip Faraone/Getty Images for Fortune. After weeks of negotiations, former Today co-host Megyn Kelly is officially leaving NBC — and will be paid out the remainder of her three-year, $ 69 million contract , CNN reports.

NBC and Megyn Kelly have parted ways, but she leaves with nearly million for the year and a half she spent there. Anyway, the joke is still on NBC because the network has paid out the remaining half of Kelly 's contract , meaning she's walked away with a total of $ 69 million for her year and a half

Last September, Kelly publicly contradicted part of Lack's account about why NBC opted not to air Ronan Farrow's reporting about Harvey Weinstein.

By that point, there were already questions about how much longer Kelly's 9 a.m. show would last. She had few allies inside NBC, and more than a few detractors.

Her lowest moment came on October 23, when she led an on-air discussion about offensive Halloween costumes.

Kelly said it was acceptable when she was a kid to don black face "as long as you were dressing up as, like, a character." And she defended a reality TV star who took heat last year for dressing up as Diana Ross.

"And I don't know, I felt like who doesn't love Diana Ross?" Kelly said. "She wants to look like Diana Ross for one day. I don't know how, like, that got racist on Halloween."

The backlash to Kelly was swift and immediate, exceeding the outrage she generated for her remarks years ago about Santa's race. Kelly apologized to her staff that afternoon. And she apologized on her show the following day, saying "the country feels so divided and I have no wish to add to that pain and offense."

Many of her "Today" show colleagues were not satisfied. Kelly drew forceful on-air denunciations from Al Roker and Craig Melvin, two African-American hosts on "Today." And Lack condemned Kelly's comments at a town hall, a clear sign that she had lost the support of the executive who helped woo her to the network.

She didn't appear on the network again. Three days after her blackface remarks on air, NBC announced that it had canceled "Megyn Kelly Today."

Talks about the terms of her exit soon turned contentious, with Kelly's attorney Bryan Freedman accusing Lack of leaking details about the negotiations. NBC fired back, saying the network had respected the confidentiality of the process while Freedman has "repeatedly commented to the media throughout the negotiations."

Both sides then reached a quiet resolution, which was announced on Friday night.

Sony, R. Kelly Agree To Part Ways: Exclusive.
Sony and R. Kelly have agreed to part ways, sources tell Billboard. The news comes on the heels of the Lifetime documentary Surviving R. Kelly, which detailed allegations of sexual misconduct against the singer. Reps for Sony and R. Kelly could not be immediately reached. Kelly has also now been removed from the RCA website. Kelly had been signed to Jive since the beginning of his career in the early 1990s, and when Jive became part of Sony BMG, he became part of the Sony umbrella. He has been under contract at RCA, a Sony subsidiary, since 2012.

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