Former “Today” host and “CBS Evening News” anchor Katie Couric is on the move again, walking away from a reported $10 million annual salary from online company Oath, formerly Yahoo, where Couric has had an interview show and other assignments since 2014.
Recode reports that Oath confirmed the move.
“Instead, the Verizon-owned company has struck a deal to do work with the longtime television news star on a ‘project’ basis,” Recode reports.
The report quotes a spokesperson for Oath saying: “Over the last four years, Katie has created a vast portfolio of work that has been equal parts inspiring, thought-provoking and fun to watch. We’re proud of everything she has accomplished and look forward to exploring ways to work together in the future.”
Recode adds: “The move brings to an end a very high-profile deal that was struck by former Yahoo CEO Marissa Mayer. She got Couric to sign with the Silicon Valley internet giant in late 2013 to become its global news anchor and launch an interview show to give the company a big-media sheen.”
The AP reports that Couric “will be concentrating on production work for the time being. A representative for Couric said Friday she turned down an opportunity for a short-term contract extension at Oath.”
The AP adds: “Couric is working with National Geographic on a documentary to follow up her project on gender revolution with the network. She’s producing a scripted series for Netflix, hosts a podcast where she interviews figures in news and pop culture, and produces ‘Scraps,’ a cooking and travel series for the FYI network.”
Couric, 60, also hosts an online cooking series with her husband, John Molner.