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Next for Katie Couric: Pay Cut or New Job?

Her contract up next year, Couric is sure to face a pay cut or worse

By Evann Gastaldo,  Newser Staff

Posted Feb 3, 2010 9:30 AM CST

(Newser) – With reports of a 150-person layoff at her network on Monday and just about a year left on her contract, Katie Couric's future is uncertain. Her bosses at CBS have given no indication whether they plan to keep her, but even if they do, "I would be flabbergasted if she didn’t take a pay cut," a source tells the New York Post.

CBS News higher-ups don't like the idea of continuing to pay Couric $15 million a year for an evening news broadcast that remains in third place, the same position it was in when she took over in 2006. Might she, as rumored, move into a daytime hosting slot? In fact, her contract with CBS expires the same month that Oprah Winfrey plans to pull the plug on her show. "I don't see it," the source says, imagining her as a better fit for Larry King's CNN gig.

Katie Couric, CBS News anchor and correspondent, answering questions about her upcoming season during a news conference in Pasadena, Calif.
Katie Couric, CBS News anchor and correspondent, answering questions about her upcoming season during a news conference in Pasadena, Calif.   (AP Photo/Lucas Jackson, File)
CBS television news anchor Katie Couric attends the 2009 White House Correspondent's Dinner at the Washington Hilton on Saturday, May 9, 2009 in Washington.
CBS television news anchor Katie Couric attends the 2009 White House Correspondent's Dinner at the Washington Hilton on Saturday, May 9, 2009 in Washington.   (AP Photo/Evan Agostini)
CBS News anchor Katie Couric walks the red carpet at the John F. Kennedy Center for the Performing Arts during arrivals for the 2009 Kennedy Center Honors on Sunday, Dec. 6, 2009, in Washington.
CBS News anchor Katie Couric walks the red carpet at the John F. Kennedy Center for the Performing Arts during arrivals for the 2009 Kennedy Center Honors on Sunday, Dec. 6, 2009, in Washington.   (AP Photo/Kevin Wolf)
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COMMENTS
Showing 3 of 10 comments
fedupwithmentalcases
Dec 21, 2010 5:57 PM CST
MAYBE IF SHE SHUT HER LIBERAL PIE HOLE PEOPLE WOULD WATCH HER WITHOUT GETTING SICK. THAT GOES FOR THE REST OF THE LAME STREAM LIARS
fedupwithmentalcases
Dec 21, 2010 5:54 PM CST
15 mil? wow thats about 14 mil 900k more than shes worth
Ucantusethatname
Feb 4, 2010 3:44 AM CST
Time to pull the plug. She was never a journalist.

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