Trouble in Paradise: NBC’s bet on Megyn Kelly not paying off — Report

It looks like the big 69 million dollar contract that NBC gave to Megyn Kelly isn’t paying off like they thought it would, with overall ratings on the decline and ratings in the demo down even more:

WSJ – Megyn Kelly was supposed to bring star power to NBC News and a bigger, broader audience of morning viewers to its “Today” show franchise.

Instead, the three-year, $69 million bet to woo Ms. Kelly from her conservative prime-time perch at Fox News is backfiring.

Since taking over the 9 a.m. hour of the lucrative morning show in September and rebranding it “Megyn Kelly Today,” Ms. Kelly has struggled to make the shift to daytime broadcast television, with its delicate balance of soft features and hard news. Her ratings declines and higher production costs have been a drag on a critical franchise for NBC.

“I need to introduce myself to people who don’t know me or know some bastardized version of me that they’ve gotten from a website or a TV show,” Ms. Kelly said in an interview. “There are definitely some who only know me through some caricature they learned about on ‘The Daily Show.’ ”

Some of NBC’s affiliate TV stations are unhappy with the drop in viewers, and staffers on other NBC News shows have been grumbling about Ms. Kelly’s lofty budget. Hollywood publicists started steering their A-list talent away from the program when a feud erupted with Jane Fonda after Ms. Kelly asked the actress on-air about her plastic surgery.

In addition, Ms. Kelly’s Sunday night newsmagazine, which premiered to disappointing ratings last summer, has been reduced to occasional prime-time specials.

NBC News Chairman Andrew Lack’s big bet on Ms. Kelly was a throwback to the golden age of broadcast news when networks routinely awarded so-called star anchors huge contracts, believing the face delivering the news was as important as the news itself.

“Ratings are down 28% since last season”

Since joining “Today,” Ms. Kelly is averaging 2.4 million viewers an episode, 18% below what the hour was pulling in last season, according to data from Nielsen. The ratings have declined sharply for the past two months, dipping to a low of 1.9 million, after getting a lift from the network’s coverage of the Winter Olympics in February.

Among adults aged 25 to 54, the key demographic that the show targets, ratings are down 28% since last season.

Ms. Kelly’s ratings are also hurting the 10 a.m. hour of “Today” with Hoda Kotb and Kathie Lee Gifford, according to Nielsen data. That hour of the show, which focuses on lighthearted lifestyle and celebrity news, is down 6% in viewers and 19% among adults 25-54.

The performance of “Megyn Kelly Today” has allowed its chief rival, Walt Disney Co.’s syndicated chat show “Live with Kelly & Ryan,” to more than double its lead over NBC in that hour to 747,000 viewers.

“I’m sure they were hoping it was going to do better than this,” said Stacey Schulman, an executive vice president of television consulting firm Katz Media Group. “She is a polarizing personality.”

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While I know many of Trump’s fan base saw Megyn Kelly as the devil, I really liked her show and felt her news punditry was fair. I was even hoping she’d be the one to take the 8pm mantle from Bill O’Reilly.

But obviously that never happened and it looks to me like she’s getting even less ratings now on NBC, which is definitely not good considering this is not cable news.

I personally have nothing against Kelly and wouldn’t mind if she ended up coming back to Fox News prime time. But I doubt she’d be willing to do that now.


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