Around the Net

Katie Couric Faces CBS Pay Cut

With a little more than a year to go on her contract, CBS News anchor Katie Couric is facing a huge pay cut in her $15 million-a-year salary. The network's "Evening News" was in third place when she came over from the "Today" show in 2006 -- and it hasn't moved. The idea of paying Couric eight figures to anchor a news show in last place does not play well for management.

Couric herself tells Harper's Bazaar in an upcoming issue that she sometimes dreams that she's still in school and "forced to take an exam about things I know nothing about." Last week, her name surfaced as a possible daytime host; her contract expires the same month Oprah Winfrey ends her 25-year-old show. (Alluding to the report in the Post, CBS News and Sports president Sean McManus told TVNewser: "There hasn't been one single discussion about altering Katie's role or adjusting her contract.")

advertisement

advertisement

Read the whole story at New York Post »

Next story loading loading..