Is Katie Couric headed for a pay cut?
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