So far, Comcast investors aren’t worried about losing the host of NBC’s long-running “Today” morning show.
Shares of NBC parent company Comcast jumped 4 percent on Wednesday morning to nearly $38 a share in the hours after NBC announced it had fired “Today” show host Matt Lauer for “”inappropriate sexual behavior in the workplace.”
NBC — which falls under the Comcast banner — has routinely won the coveted ages 25-54 demographic for its morning shows.
The 59-year-old Lauer had been with the “Today” show for 23 years, and co-hosted alongside Savannah Guthrie, Hoda Kotb and weatherman Al Roker.
Something Comcast investors were likely happy to shed: Lauer raked in a $25 million-a-year salary, according to Forbes.