Katie Couric, who joined ABC nearly three years ago, is poised to leave the network to work with Yahoo.
Couric’s lucrative deal with ABC, worth $40 million, included her daytime talk show and a role at ABC News. The deal included two years of Katie and 3 years with ABC News. If she were to exit in the near future, she’d be walking out on the final year of her news contract. Since the breakdown of Couric’s deal is unknown, it’s uncertain how much money she stands to lose.
As Couric negotiates an exit package with ABC, she’s simultaneously working with Yahoo to finalize her deal there, reported The Hollywood Reporter. Marissa Mayer, Yahoo’s CEO, reportedly took the lead on luring Couric to her Internet company. Couric’s interview program would be featured on Yahoo’s homepage as Mayer continues to work towards boosting her company’s online media presence.
Since ABC News and Yahoo have had a news sharing partnership for the last couple of years, Couric still might be able to have a spot on the network she’s now leaving.
“Katie is an incredible journalist and this was an opportunity that she couldn’t pass up,” an executive at ABC News told THR. Thanks to the powerful association between ABC News and Yahoo we know that Katie will continue to work closely with us and welcome her on our air anytime.”
Couric has yet to publicly comment on the move. Neither ABC New nor Yahoo has made any official comment either.
– Chelsea Regan
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