Katie Couric has just signed a new contract that will keep her in the news business. Re/code reports that the TV veteran re-upped with Yahoo, receiving a raise to $10 million, up from about $6 million.
“A spokesman for Couric confirmed that the well-known news anchor would be continuing with Yahoo, but neither he nor Yahoo would give additional specifics about the deal or about Couric’s compensation,” the story reports. “But it is a big number for an Internet news anchor, for sure, rivaling money paid to television stars (as Couric once was for NBC and other major networks).”
Couric joined Yahoo in late 2013 as its global news anchor, launching an interview program as part of an effort by Yahoo CEO Marissa Mayer to draw advertisers and ensure that Yahoo is seen as a media destination, the report notes.
“Couric’s efforts have focused on exclusive interviews with a range of high-profile celebrities, business execs and more, prominently featured on Yahoo’s heavily trafficked main page,” Re/code notes. “She recently interviewed Democratic candidate Senator Bernie Sanders, for example, and also scored one of first interviews with Ellen Pao after she lost her famous gender discrimination lawsuit.”