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COURIC FACES PAY CUT; DEEP LAYOFFS HIT CBSNEWS Wed Feb 03 2010 09:11:21 ET CBSNEWS anchorwoman and 60 MINUTES contributor Katie Couric faces a dramatic pay cut at the network, insiders tell the DRUDGE REPORT. CBS boss Les Moonves is determined to save money and trim expenses at the former crown jewel of broadcasting, from top to bottom. Couric, the highest paid TV news personality in history, commands over $14 million a year, plus bumps for non-EVENING NEWS appearances. But her salary is now in the direct line of fire, network insiders explain. "She makes enough to pay 200 news reporters $75,000 a year!" demands a veteran producer. "It's complete insanity." The angry source continues: "We report with great enthusiasm how much bankers are making, how it is out of step with reality during a recession. We'll look at Katie!" MORE Couric's $300,000 a week paycheck has become the obsession of disgruntled CBS staff, just as deep layoffs rock the fishbowl. A populist backlash against Couric's cash is said to be forming inside the newsroom. Dozens of employees -- including staff members in D.C., San Francisco, Miami, London, Los Angeles and Moscow -- are being let go, the NEW YORK OBSERVER reports. Couric's current CBS contract expires next year. Developing... |
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By design, duplicate headlines are now appearing in both the search and "Recent" sections.
This is because Matt changed the URL, but not the headline.
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