Connect with us

Hi, what are you looking for?

Jewish Business News

Entertainment

Katie Couric cut her salary at CBS by $1Million to save her staff’s layoff

A Celebration Of Barbara Walters Cocktail Reception Red Carpet

 

Katie Couric turned down a big amount, $1 million to be precise, from her salary,  in order to avoid layoffs of some of her co-workers, when she was anchoring “CBS Evening News”,  Page Six reports.

According to the new book by agent Alan Berger, Powerhouse: The Untold Story of Hollywood’s Creative Artists Agency,  Katie Couric was in her third year at CBS, when the network was facing some difficulties and had plans to cut budgets and make significant staff layoffs.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

The book states that Katie Couric met with CBS News President Sean McManus and agreed to cut her own $15 million a year by $1 million. She laid down three conditions, Berger says in the book — “the money would be directly used to pay for her staff so that they would not be terminated, ” and that “this would be done quietly and with no public or private acknowledgment or announcement about her gesture.”

Couric was at CBS from 2006 to 2011.

 

READ MORE: Katie Couric

amy schumer glamour

Amy Schumer  Emmy-nominated show Inside Amy Schumer is a smash hit. Her first feature, Trainwreck (which she stars in and co-wrote with Judd Apatow) hit theaters Friday. And to top it off, her fresh More…

Screen shot 2014-07-18 at 10.43.09 AM.JPG

Yahoo! CEO Marissa Mayer paid big to hold onto its global news anchor, Katie Couric. The new contract was agreed to, but has not yet been closed. The 58-year-old journalist’s new deal contains a few targets More…

Tony Bennett And Susan Benedetto Host 6Th Annual Exploring The Arts Gala

Soon passengers on Delta flights will get to see more of Katie Couric on their video screens as the airline has signed a deal to broadcast her “World 3.0, ” the New York Post has reported. Currently More…

Katie Couric

Will Katie Couric be making a triumphant return to NBC’s the Today Show? The answer to that question depends entirely on who you ask. The former Today Show host and CBS news anchor is currently in talks over More…

Chokehold Victim Children sm

Katie Couric scored a major coup for Yahoo, getting to interview two of the children of Eric Garner who was killed by a police officer in New York City who put their father in a chokehold. The officer escaped indictment More…

Office Depot Succes And Strategies For Business Women Day 2

Katie Couric, who is now an anchor at Yahoo after the cancellation of her show Katie due to low ratings, will not be returning to the Today Show for a few short stints, as was initially expected. Couric, who co-hosted More…

Newsletter



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

History & Archeology

A groundbreaking discovery in the Manot Cave in the Western Galilee, Israel has unearthed the earliest evidence in the Levant (and among the world's...