Skip to comments.COURIC FACES PAY CUT; DEEP LAYOFFS HIT CBSNEWS
Posted on 02/03/2010 7:07:58 AM PST by COUNTrecount
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. We'll, 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.
EDITOR'S NOTE: Former CBS News anchor Dan Rather called on President Barack Obama to form a White House commission to help save the press. Tears welled in the lifelong reporters eyes as he discussed the dwindling number of war correspondents.
Another story on Drudge is that the giving to colleges has dropped the most since 1969. It is good to see the propagandists for the left are getting it in the neck with the failure of the system as well. Of course, those of us that aren’t overpaid celebrities or tenured professors are much more vulnerable . . . but . . .
still . . .
If they axed her they’d get more viewers.
:-D. Just can’t feel bad in the least about this article. Makes my day. In the meantime Fox has the top 13 out of the 15 top programs. Ho hum. People prefer Fair and Balanced news. Only the most lib like the elitist, hate America and her fundamental values trash we see these days from these manufactured ‘journalists.’ Be gone nastiness. Be gone.
So when will they shut down their news department?
I’m tired of these sob stories, give them all pink slips and end it!
This is poetic justice. CBS was so in the tank for Obama for two years, hiding all pertinent info that we still don’t know, from where he was born to how he got to Pakistan in 1981 when US citizens were not permitted to fly there. His college records, everything about his associations were not investigated because CBS wanted “the one” elected. They got their king and now their ruler is destroying the fabric of our economic base by taxing everything that works. This depression is Obama’s and CBS can thank their own lack of journalistic professionalism for their own demise. Couldn’t come soon enough for me. Payback time!
... and Sarah Palin continues to ascend with the Couric interview a minor pause along the way.
Okay, trying here to muster up a little sympathy for poor little Katie.
wait a minute, just give me a few more seconds.
.....just a bit more.....
I give up. I’ll just give her a copy of Sarah’s book to cheer her up.
Spreading the wealth in the house that Liberals built. I love it.
This sentence is unreadable:
"We will look at Katie!", or "Well, look at Katie!"
The decline of mastery of the English language continues apace.
“If they axed her theyd get more viewers.”
You mean if the axed her to keep working, but for a pay cut? 8^)
This cut in pay will hurt nothing but her ego. She has been over paid for so long that she should work for free. She has enough stashed to keep her living high on the hog for the rest of her life.
You know, the network brass apparently never thought to ask 1) will people really watch our newscast just to see her, despite the lame, biased content and 2) what kind of audience would watch just to see her, the dim-bulb, marginally literate demographic perhaps? Chickens...coming home...roost.
I love it. I wouldn’t normally care; but, in this case, I’ll make an exception and cheer SeeBS’ economic decline(it’s deserved) and Couric’s expected cut. I hope all the MSM goes belly-up; but, Obuma will bail them out.
If they axed Couric and made Brit Hume their anchor, they’d get many more viewers.
When Costanza Double dipped the chip - just end it!!!! LOL
Years ago, the CBS affiliate used to be the mainstay default position on our channel dial. Nowadays I have the whole network blocked from my television. Between their news department’s Obama cheerleading and scumbag Letterman’s rape jokes about Palin’s underage daughter, the whole rancid, hate-America network can go burn in Hell.
In that case, double her salary.
LOL! L love that fist coming in from the right!
What about those obscene salaries paid to execs whose companies are in trouble?
Oh, but that criticism doesn’t apply to liberal media corporations.
Yeah, but if they cut her wages, tax revenues to the fed and state go WAAAY down! No-win situation!
< /sarc >
ask not for whom the Class Warfare bell tolls....
300K a week. Wow. I’m sure her rating warrant it.
It’s insanity that they ever thought she was worth anything. Their rating started in the toilet and have regressed into the sewer. They’re laghing it up at Fox!!!!!
If they fired her and made PeeWee Herman their anchor, they'd double their viewers.
Take away KTs makeup and hair people. Don’t subsidize her clothing fund...Leave her with only one cameraman. She can pay for them all out of her own pocket.
Yeah, me too. I guess that share the wealth thing isn't that great when it's your wealth your sharing not somebody else’s.
Does anyone really watch this clown?
Every year, the “Friends of the Library” group celebrates Banned Books Week with public readings of excerpts from some of these banned books. I chose to read from “Final Exit”, which I described as the ultimate Do-It-Yourself manual - because once you have chosen one of the projects it describes, and executed it properly, you never will need to do it yourself again!
I didn’t axe for that reply, lol.
And refuses to do another one. Poor little Katie.
CBS isn't taking my money....
When does this happen to the Federal Government?
How about 400 teachers $38,000 a year?
That amount of money to watch a paperclip? I don’t think so but...we only watch FOX anyway.
I’ve thought about the salaries of high-priced talent when other significantly lower-paid employees with the company were facing layoffs. Last year, I read an article about how the Phoenix Suns were laying off employees and I thought about how much money Shaq and others got paid. I thought it would have been magnanimous to see Shaq agree to a pay cut to keep those employees in their jobs. It didn’t happen.
Let’s see what happens to Katie and her salary as CBS employees are laid off. Let’s also watch star salaries as movie studios start laying off.
Nah, she'll be elated she can help the little people... do I really need a sarc tag?