NBC cuts ‘The Tonight Show Starring Jimmy Fallon’ back to four nights a week
nypost.comVariety. NBC has not given an official reason for the cut, but the network has recently been examining the costs associated with its late-night offerings amid shrinking ratings.
It’s unclear whether Fallon’s purported $16 million per year paycheck will be affected by the change. Earlier this year, NBC eliminated the house band from “Late Night with Seth Meyers,” which airs the hour after Fallon. “Sadly, it’s the reality of broadcast and a shrinking market – streaming eating into this, and YouTube eating into that,” Eli Janney, the associate musical director of “Late Night with Seth Meyers,” said in June of the budget cuts.“Streaming is not making money, either.
So budgets everywhere have been cut and cut and cut. I liken it to a Spotify moment in music, where suddenly it’s like, nobody wants to pay for music.
Music gets devalued.”“Late Night with Seth Meyers” was already filming only four original episodes per week. The Post has contacted NBC for further information.
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