News anchors make a good salary, but it varies by market size. Here’s a look at what news anchors make in different markets.
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News Anchor Salaries by Network
News anchors make a pretty penny. The average salary for a news anchor is $60,000, but the top earners can make upwards of $200,000. The highest paid news anchor is Stephen Colbert, who rakes in a whopping $15 million per year. News anchors at the top networks, such as Fox News and CNN, can make even more.
News anchors at CNN make a base salary of $40,000 to $60,000 per year, according to Glassdoor. Bonuses and commissions can raise that number to $85,000 per year. Salaries vary based on experience and location.
Since its inception in 1996, MSNBC has become one of the most popular cable news networks. The network employs some of the most well-known and respected news anchors in the business. Here is a look at what some of the top MSNBC news anchors make:
· Brian Williams – $10 million per year
· Rachel Maddow – $7 million per year
· Lawrence O’Donnell – $5 million per year
· Chris Matthews – $5 million per year
· Al Sharpton – $3.5 million per year
Fox News is an American cable news network that is owned by the Fox Corporation. The network is headquartered in New York City, and it operates in more than 90 countries around the world.
Fox News anchors earn salaries that are among the highest in the news industry. The average salary for a Fox News anchor is $75,000 per year, but some of the network’s most popular anchors earn salaries of $8 million or more.
The highest-paid Fox News anchor is Megyn Kelly, who left the network in January 2017 to join NBC News. Kelly was reportedly earning a salary of $20 million per year at Fox News.
News Anchor Salaries by Region
If you’re considering a career in news anchoring, you’re probably wondering how much money you could potentially make. Salaries for news anchors vary depending on the region of the country. Here is a breakdown of news anchor salaries by region.
As the most populous city in the United States, it’s no surprise that New York City is also home to some of the highest-paid news anchors in the country. According to Glassdoor, the average annual salary for a news anchor in NYC is $85,000. However, salaries can range anywhere from $43,000 to $165,000 per year.
Some of the most well-known news anchors working in New York City include Robin Roberts of ABC’s Good Morning America, who reportedly earns a yearly salary of $18 million, and NBC Nightly News anchor Lester Holt, who earns an annual salary of $10 million.
News anchors in Los Angeles make a median salary of $62,460 per year, according to May 2019 data from the U.S. Bureau of Labor Statistics (BLS). This means that half of all news anchors in the area earn less than this amount and half earn more. Salaries at the lower end of the scale tend to be around $35,290, while those at the higher end are closer to $124,790.
In Chicago, the median salary for news anchors is $63,390 per year. The top 10% of earners make more than $112,520, while the bottom 10% make less than $ 35,460.
News Anchor Salaries by Experience
The median annual news anchor salary is $37,500, but if you’re lucky enough to land a gig as the main anchor at a top-rated station, the pay bump can be significant. The average salary for a news anchor with five years of experience is $53,000, and for those with 10 years or more under their belt, the average jumps to $59,000.
News anchors who are just starting out in their careers typically earn salaries in the low to mid-$30,000 range. Salaries increase with experience, and senior-level news anchors can earn salaries in excess of $100,000 per year. The exact salary will depend on a number of factors, including the specific news station, the size of the market, and the anchor’s experience and reputation.
News anchors with mid-level experience can expect to earn salaries in the range of $35,000 to $65,000 per year. Those with extensive experience may earn salaries in excess of $100,000 per year.
The average salary for a senior-level news anchor is $85,000. News anchors with years of experience can earn significantly more than the average salary. The top 10% of news anchors earn more than $118,000, while the bottom 10% earn less than $52,000.
How to Become a News Anchor
News anchors typically have a college degree in journalism and have proven themselves in the field through internships and work experience. Some news anchors may have started out as reporters or as weekend news anchors and eventually worked their way up to a full-time position. If you want to become a news anchor, it is important to get a degree in journalism and gain experience in the field.
A bachelor’s degree is typically required for a person to work as a news anchor. Some news anchors may have a degree in journalism, communication, or liberal arts, while others may have degrees in fields such as English, history, economics, or political science. In addition to formal education, most news anchors also complete internships at local television stations or networks before landing their first jobs.
If you want to become a news anchor, you will need to start by getting a bachelor’s degree in journalism or a related field. Once you have your degree, you will then need to complete an internship with a news station. After your internship, you will likely be able to find a entry-level job as a news anchor. However, it is important to note that most news anchors have several years of experience before they are able to land a job as a main news anchor.
News anchors typically have a bachelor’s degree in broadcast journalism, communications or a related field. However, some news organizations prefer candidates with a master’s degree in journalism or communication arts.
The most important requirement for becoming a news anchor is on-the-job experience. Many news anchors begin their careers as interns or production assistants and then move up the ranks by taking on more responsibilities. Many also start out as reporters and then make the transition to anchoring after they have gained significant experience. Some news organizations require news anchors to have several years of experience working in television before they will be considered for an anchor position.
In addition to experience, news anchors must be able to demonstrate superior communication and writing skills. They must also be able to remain calm under pressure and think quickly on their feet. News anchors must also be well-versed in current events and have a keen understanding of the issues that are important to their audience.