Brian Williams is down, but not out.
NBC and Williams have come to a tentative agreement that will keep Williams at the network after his six-month suspension ends in August, people with knowledge of the agreement said.
It will likely be announced sometime Thursday.
Williams will not be returning to the “NBC Nightly News” anchor chair; his fill-in Lester Holt will become the program’s permanent anchor.
The appointment makes Holt the first black solo anchor of a weekday network nightly newscast.
So what will Williams do? His portfolio will include a position on MSNBC, NBC’s struggling cable news channel. “He will be the face of MSNBC,” handling big breaking news stories, one of the people said on condition of anonymity. MORE