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Economy
COURIC FACES PAY CUT
2010-02-03
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 — from top to bottom — at the former crown jewel of broadcasting.

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, and a populist backlash against Couric's cash is said to be forming inside the newsroom.

"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. Well, look at Katie!"

Couric's $300,000 a week paycheck has become the obsession of disgruntled CBS staff, just as deep layoffs rock the fishbowl
.
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.
Posted by:Deacon Blues

#12  What is "television"?
Posted by: lex   2010-02-03 22:25  

#11  They should can their news department and put on "Bowling for Dollars" or sumthin...
Posted by: tu3031   2010-02-03 20:14  

#10  What newspapers does she read?
Posted by: Besoeker   2010-02-03 19:45  

#9  She ain't worth a goddam dime.
Posted by: Barbara Skolaut   2010-02-03 19:42  

#8  #6 CBS should end their evening NEWS..

I thought they should have outsourced it to Univision. At least we'd get news from South of the Border which on most major news organizations is Terra Incognita.
Posted by: Procopius2k   2010-02-03 17:53  

#7  Never worth $14 million. The trip through her colon (and brain) is like Geraldo's trip into Al Capone's vault.
Posted by: JohnQC   2010-02-03 17:20  

#6  CBS should end their evening NEWS and stick with 60 Minutes and local affaliate news. They should dump Couric altogether as she has been slipping and sliding in the ratings from day one. Nobody trusts her, nobody cares. Her hiring as an anchor was a stunt anyway.
Posted by: rjschwarz   2010-02-03 16:24  

#5  I am waiting for populist rage to hit the salaries of the hollywood elite.

You know you could hire 50 pretty good actors for the salary Charley Sheen gets.
Posted by: lord garth   2010-02-03 15:13  

#4  ...and a populist backlash against Couric's cash is said to be forming inside the newsroom.

Posted by: tu3031   2010-02-03 15:09  

#3  http://i2.photobucket.com/albums/y25/mluphoup/perkone2.jpg
Posted by: Anonymoose   2010-02-03 14:59  

#2  Brer, it's her best work.
Posted by: Cornsilk Blondie   2010-02-03 14:53  

#1  Since she became the newsreader/interpreter on CBS I have never watched her.

I understand there are some excellent videos of her colon ( which she shows everynight ).
Posted by: BrerRabbit   2010-02-03 14:25  

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