CBS News president Sean McManus and executive vice-president Paul Friedman earlier this year discussed buying out the remainder of Katie Couric’s contract to anchor the evening news, reports Gabriel Sherman at New York Magazine’s Daily Intel blog.
Still, while no decisions have been reached, the discussions seem to signal that the experiment of making Couric an evening anchorwoman "was a failure in terms of reinvigorating the TV news business," Sherman writes. Couric’s $15 million annual contract isn’t up until June 2011, the article notes.
But Couric is also considering options, remaining open to staying at CBS as well as moving to different networks, the story says. Her spokesman said, "Katie is enjoying her job and is focused on her work. And we’ll leave the speculation to everyone else.” She might even end up returning to NBC: NBC CEO Jeff Zucker has told her agent that the network would welcome her return when she’s free to move, the story says.
It’s possible whatever her next move would be that she’ll look for creating a larger media brand for herself, possibly creating a production company, the article adds.