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LAYOFFS HIT CBS_NEWS; Katie Couric faces a pay cut

"She makes enough to pay 200 news reporters $75,000 a year" ..."It's complete insanity..."
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WATCH KATIE STRUT HER STUFF



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CBSNEWS anchorwoman Katie Couric faces a dramatic pay cut at the network.

CBS boss Les Moonves is determined to save money and trim expenses -- from top to bottom -- at the former crown jewel of broadcasting.

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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."

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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. Well, look at Katie!"

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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.
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Added: Feb-5-2010 
By: Songun
In:
News
Tags: The CBS Evening News, Ms Katie Couric, Couric, dead media, MSM collapse, Ms Perky, 2009 FLUFF YOUR PILLOW AWARD, Shameless, MSM, lapdog, miserable failure
Marked as: approved
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