Jay Leno took a 50 percent pay cut

NBC has no idea what the fuck it’s doing of course, as was made perfectly clear once again during the Olympics and the fact that their plan was to lose $200 million (again) and now they’re gloating about simply breaking even. If nothing else they feel it’s an amazing way to promote their new shows, like they did in 2004 and 2008, when all of the shows they pushed were cancelled in less than one season.

Now the Wall Street Journal says Jay Leno is taking a paycut from $30 million a year to $15 million to prevent NBC from cutting his ‘Tonight Show’ budget and staff, which they want to do despite the fact that ‘Tonight’ made $160 million in ad revenue last year, one of the very few things on NBC that made any profit at all.

So the plan isn’t to stop doing dumb things, it’s to attack and demoralize the shows that are actually making money. Phase 2 of the plan is to dig up Johnny Carson and let wolves chew his bones in the parking lot.