NBC names Hoda Kotb as Lauer replacement on 'Today'

Hoda Kotb's New Today Salary Might Shock You — & Not in a Good Way

"In 2016, the first two hours of "Today" brought in more than $US 500 million of revenue, while the fourth hour had revenue of $US 68 million, according to Kantar Media", according to a report by New York Times. Lauer, who turned 60 on Saturday, had begun with "Today" as news anchor in 1994, and succeeded Bryant Gumbel as the show's co-anchor opposite Katie Couric in 1997. According to Page Six, Kotb will only make $7 million a year on Today per the new contract she has worked up with her employers.

One source told Page Six that this really isn't a big deal because Lauer had seniority, hence the bigger payday.

"Over the past several weeks, Hoda has seamlessly stepped into the co-anchor role alongside Savannah, and the two have quickly hit the ground running", NBC News Chairman Andy Lack wrote in a memo sent to the staff before the start of Tuesday's programme. Read to find out what Kotb is pocketing from her new gig. She is a correspondent on Dateline NBC.

Following the recent firing of Matt Lauer on the Today show due to sexual misconduct, Hoda Kotb has been named the new co-anchor.

Hoda Kotb may round up the evaluations on "Today", yet she discloses to People magazine she won't make an indistinguishable pay from the man she's supplanting. "Hoda, you are a partner and a friend and a sister, and I'm so happy to be doing this".

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"My heart just went like, you know, it meant the world to see that", said Kotb.

Kotb is replacing Lauer, who was the co-anchor of Today for 20 years and was the highest paid person at NBC News at the time of his firing, NPR's David Folkenflik has reported.

The timing is important for NBC, because "Today" said Kotb's selection was a good one "because it reinforces the sense of a th the Winter Olympics".

But not to worry, Hoda will still be on her usual 10 a.m. slot which she hosts with Kathie Lee Gifford, but will add the earlier show to her repertoire too.

Kotb said she received a text from Lauer after her promotion. News. 'And he said some nice words'. I needed to feel great all through.

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