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Is Katie Couric headed for a pay cut?

December 21, 2010 |  8:17 am

Couric Is Katie Couric facing more work for less pay in 2011? On Monday, Bloomberg reported that CBS began preliminary talks on a new contract for the anchor in December, and that the network had discussed cutting her $15-million salary while expanding her role at the network, possibly by producing and hosting a show that CBS could syndicate.(CBS declined to comment for the story.)

"CBS Evening News With Katie Couric" has been struggling with ratings, averaging 5.73 million viewers a night, down 24% from when Couric took on the anchor role in 2006. Bloomberg reports that Couric's contract provides a window when she can entertain offers from companies other than CBS, and sources say that CNN has expressed interest in her.

-- Melissa Maerz

Photo: Katie Couric. Credit: Alberto E. Rodriguez / Getty Images