I don't watch Jay, but his unselfish act is to be admired & respected!
Network: Leno took 50% pay cut to reduce 'Tonight Show' layoffs
By the CNN Wire Staff
updated 4:27 PM EDT, Fri September 7, 2012
(CNN) -- Jay Leno took one for the team, in the form of a $15 million pay cut, to protect the staff of NBC's "The Tonight Show" from further cuts.
An NBC Universal representative confirmed Friday that the host took a 50% pay reduction.
The representative also confirmed that Leno extended his contract until September 2014.
A source with direct knowledge of the situation told CNN last month that 20 to 25 employees of "The Tonight Show" were let go and that Leno made the salary concession to prevent even more staff reductions.
According to the source, the layoffs were part of a plan to adjust the show's expenses to be more in line with typical late-night programming as opposed to prime-time fare.
http://www.cnn.com/2012/09/07/showbiz/jay-leno-tonight-show/index.html?hpt=hp_c2
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