Sunday, March 29, 2020

COURIC LANDS AT ABC

June 6, 2011 by · Leave a Comment 

Katie Couric

ABC, which is losing Oprah Winfrey, is gaining Katie Couric. ABC Confirmed today (Monday) that it had signed a deal with Couric to host a syndicated talk show beginning in the fall of 2012 and to contribute to ABC News beginning this summer. In a message to staff, ABC News President Ben Sherwood said: “I’ve known Katie for 14 years, and even with all of her success, I’m confident that her best days, biggest scoops and most powerful journalism lie directly ahead.” The show already has been cleared in eight cities where ABC owns stations, representing 23 percent of all U.S. households. It will air in those markets in the 3:00 p.m. time period, which is now occupied by the long-running General Hospital soap opera. The network said that it will continue to support the soap but did not indicate when it will air. Today’s Wall Street Journal said that Couric is being guaranteed $20 million per year — $5 million more than her current compensation at CBS — and could earn more than that based on the performance of the show. The New York Times said that with a syndicated show, “Ms. Couric’s own take each year could be tens of millions of dollars.” Couric told the Times that she had previously resisted hosting a daytime talk show while Winfrey was still on the air. “I never wanted to compete with her,” she said, “because no one could.” Couric confirmed that former NBC CEO Jeff Zucker, who produced the Today show when she co-hosted it, will be a co-partner in the new syndicated show. In a statement, he noted that “it should be more fun spending time with Katie at 3 or 4 in the afternoon than at 3 or 4 in the morning.”