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Couric Turns Down Larry King Job on CNN, in Negotiations to Stay at CBS

Jun 28, 2010  •  Post A Comment

Katie Couric has told CNN that she’s not interested in taking over Larry King’s spot on the cable-news network, and instead is negotiating with CBS to remain after her $15 million-a-year contract ends next year, the New York Post reports.

Couric wasn’t interested in joining another network as a white knight, as she did when she joined CBS in 2006 with high expectations that her anchor role would boost the network’s ratings, which didn’t materialize, the story says. With her negotiations at CBS, she may remain as the evening news anchor, albeit with a smaller salary.

The talks include creating a production company for her, which would allow her to make up the difference in pay while also creating specials and even syndicated daytime shows, the story says. The discussions are touching on an agreement between CBS and CNN to share some news costs and resources, it adds. Also included in the talks is the possibility of Couric stepping down, although given that CBS doesn’t have a successor, it’s unlikely that will happen, the story says.

4 Comments

  1. If CNN is serious about raising its ratings they should hire Howard Stern as Larry’s replacement. His contract with Sirius is up and he is one of the best interviewers on radio. He would attract a new audience which CNN really needs. And he has more credibility than Elliot Spitzer.

  2. couric could disappear from tv altogether and no one would notice. why replace 100 year old king with 80 year old couric?

  3. Between me and my husband we’ve owned more MP3 players over the years than I can count, including Sansas, iRivers, iPods (classic & touch), the Ibiza Rhapsody, etc. But, the last few years I’ve settled down to one line of players. Why? Because I was happy to discover how well-designed and fun to use the underappreciated (and widely mocked) Zunes are.

  4. I love the expression. Everyone needs to express there own opinion and feel free to hear others. Keep it up 🙂

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