How Much Do News Anchors Make?

News anchors make a lot of money. But how much do they make? And how do they make it?

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News Anchor Salaries by Network

A news anchor’s salary varies based on their experience and the network they work for. The average salary for a news anchor is $38,647, but can range from $14,000 to $95,000 per year. The most experienced news anchors at the top networks can make over $1 million per year.


MSNBC is an American cable news network that provides 24-hour coverage of news events and current affairs. The network has its headquarters in New York City’s Rockefeller Center. MSNBC anchors earn an average salary of $74,000 a year, according to a recent Glassdoor report. This is slightly higher than the average news anchor salary of $71,000 a year.


CNN is a cable news network that was founded in 1980. It is owned by Time Warner and is headquartered in Atlanta, Georgia. CNN has numerous news anchors who deliver the day’s news to viewers around the world. So, how much do CNN news anchors make?

According to Glassdoor, the average salary for a CNN news anchor is $74,385 per year. However, salaries can range from $56,000 to $85,000 per year. CNN has a variety of well-known anchors, including Anderson Cooper, Brooke Baldwin, and Erin Burnett.

Fox News

Fox News is an American basic cable and satellite news channel owned by the Fox Entertainment Group, a subsidiary of 21st Century Fox. As of February 2015, approximately 94,700,000 households (81.4% of pay television subscribers) receive the Fox News Channel. The channel broadcasts primarily from studios at 1211 Avenue of the Americas (American Continental Building), New York City.

The network has been accused of spreading biased and misleading news by media watchdogs, including Media Matters for America and Fairness & Accuracy In Reporting (FAIR).

In May 1985, Australian media mogul Rupert Murdoch announced that he and American industrialist and philanthropist Marvin Davis intended to develop “a network of independent stations as a fourth marketing force” to compete directly with CBS, NBC, and ABC through the purchase of six television stations owned by Metromedia. These included WIP-TV in Philadelphia (now a MyNetworkTV affiliate); KRIV in Houston; WFLD-TV in Chicago; KRLD-TV in Dallas (now a CW affiliate); KTTV in Los Angeles; and WTTG in Washington, D.C. Murdoch formed the Fox Broadcasting Company on October 9, 1986, after acquiring the assets of 20th Century Fox Film Corporation for $700 million USD from its original owner, Turner Broadcasting System (which merged with Time Warner in 1996). A year later after launching Fox TV Stations,, he sought to use it as a weapon to challenge rival networks NBC and CBS and surely to build upon his considerable presence on U.S. television screens through Metromedia’s purchase giving him control over station Acquisition costs were high so Murdoch sold MetroMedia’s non-television assets including its oil & gas businesses eighteen months later for $3 billion USD cashpurposes only..

In order to maintain rebates from United Paramount Network affiliates that was given on account that News Corporation would own no Viacom-affiliated stations unlike other major broadcast networks at time as well as clearance on some cable systems—such as WPXN-TV New York City which was owned by Viacom but whose affiliation was managed by Chris-Craft Industries/United Television via a local marketing agreement with its subsidiary BHC Communications (who also managed WPIX due any FCC duopoly restrictions preventing one company from owning two television stations within same media market)—Murdoch structured his new network to not be affiliated with any single group owner holding more than a 5% stake so News Corporation could retain control should any outside group attempt take ownership stake thereby joining other broadcast networks ABC, NBC & CBS (all which were controlled by their respective parent companies Walt Disney Company [which also owns ESPN], Comcast [via NBCUniversal] & CBS Corporation respectively) as well being able to obtain clearer channel positioning on some cable providers due less common transmitter tower sharing arrangements among four major broadcast networks than before [in some cases]. In order words: If any one entity attempted purchase stake large enough thereby giving them voting control over network affairs or attempted outright buy network itself—as had been case when Westinghouse Broadcasting/Group W attempted purchase CBS outright during mid-1990s when then-parent company Westinghouse Electric Corporation underwent massive financial distress & filed for Chapter 11 bankruptcy protection though ultimately Westinghouse would emerge from bankruptcy reorganized much later during late 1990s eventually being bought out ’s National Amusements theater chain owner Sumner Redstone who then merged it with former rival Viacom during early 2000s—Murdoch could simply outbid them using cash reserves from his other business interests thus maintaining control over Fox News Channel ensuring its editorial voice would remain loyal him.

News Anchor Salaries by Market

News anchors make a good salary, with the average news anchor making $38,647 per year in the United States. However, salaries for news anchors can vary greatly depending on the market size. For example, news anchors in New York City make an average of $85,600 per year, while news anchors in smaller markets make an average of $30,400 per year.

New York

The average salary for a News Anchor in New York is $85,000. This is 7% higher than the national average.

Los Angeles

Los Angeles is the second-largest media market in the United States, behind only New York City. While salaries for news anchors vary depending on experience and employer, some of the highest salaries in the country are paid to news anchors working in Los Angeles.

According to a report from the Bureau of Labor Statistics, the mean annual salary for news anchors in the Los Angeles-Long Beach-Santa Ana metropolitan area was $85,710 as of May 2018. This figure is slightly higher than the national average for news anchor salaries, which was $83,300 as of May 2018.

The report from the Bureau of Labor Statistics also found that news anchors in the Los Angeles metro area earned a mean hourly wage of $41.14 as of May 2018. Again, this figure is slightly higher than the national average for news anchor hourly wages, which was $40.32 as of May 2018.


The average salary for a news anchor in Chicago is $47,000. This is slightly below the national average of $49,000. News anchors in Chicago make slightly less than the average salary for all occupations in the city, which is $50,000.

News Anchor Salaries by Experience

News anchors make a good salary right out of college. The median salary for a news anchor is $38,647. However, experience does play a role in how much news anchors make. Salaries typically increase with experience. The most experienced news anchors can make over $100,000 per year.


News anchors play an important role in the media industry, providing vital information to viewers and helping to shape public opinion. As such, they are among the most well-paid professionals in the field.

The average salary for an entry-level news anchor is $38,000 per year. However, this figure can vary widely depending on the size and location of the station, as well as the anchor’s experience and reputation. top-earning news anchors can make upwards of $100,000 per year.


News anchors with some experience can expect to make between $40,000 and $60,000 per year. Those with more experience, such as those with a master’s degree or otheradvanced training, can expect to make closer to $100,000 per year.


The average salary for a senior-level news anchor is $85,000. News anchors with years of experience can make upwards of $100,000. Salaries will vary depending on the size and location of the television market.

How to Become a News Anchor

News anchors are the faces of the television news stations. They are the ones who deliver the news to us every day. But have you ever wondered how much they make? Or how to become a news anchor? Keep reading to find out.


In order to become a news anchor, you will need to have at least a bachelor’s degree in journalism or a related field. Many news anchors also have a master’s degree in journalism or a related field. Some news anchors may also have a law degree.


News anchors typically have a bachelor’s degree in journalism, broadcast journalism, or communications. Some news organizations may require their news anchors to have a master’s degree. News anchors usually start out working as reporters and then move up to larger television markets and eventually to network affiliates. News anchors must be able to work well under pressure and be able to think quickly on their feet. They must be able to ad-lib if necessary and be able to work long hours, often on weekends and holidays.


In order to become a news anchor, one must be able to speak clearly and concisely. They must also be able to project their voice so that it can be heard by those in the audience. News anchors must also have excellent written communication skills. They must be able to write scripts that are clear and free of errors.

News anchors must also be able to work well under pressure. They often have to work on tight deadlines and juggle multiple tasks at once. They must be able to remain calm under pressure and think clearly so that they can make quick decisions.

News anchors must also have excellent people skills. They must be able to build relationships with those they work with and develop a good rapport with their audiences. News anchors must also be able to effectively communicate with a variety of different people, including those from different cultures and backgrounds.

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