1. I'm told by multiple sources that MSNBC officially closed Joy Reid's deal to takeover the 7 PM hour yesterday. Now with the news that Shep Smith is taking over the 7 PM hour on CNBC, that makes Joy and Shep friendly competitors at sister news networks.

2. Shep's deal with CNBC is in the $5-$8 million dollar a year range I'm told. At Fox News he was making $15 million a year but that pay doesn't make sense for other networks and Shep was at Fox News for over two decades.

3. And here it is...

Joy Reid Takes Nightly Anchor Slot at MSNBC

She becomes one of the few Black women to anchor a major American evening news program. The move was made by new leadership at NBC News, which runs the liberal-leaning cable network. https://www.nytimes.com/2020/07/09/business/media/joy-reid-msnbc-anchor.html