Cooper is CNN's $4 mil man

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CNN anchor Anderson Cooper has reportedly signed a new contract with the network, guaranteeing him at least $4 million per year.

The new deal with Cooper, host of CNN's "Anderson Cooper 360?," would more than double his previous salary and allow him to continue in his side role as a contributor to the CBS newsmagazine "60 Minutes."

CNN declined comment, but a spokeswoman for the cable network issued a statement, saying: "Anderson Cooper is an exceptional journalist, and his dedication in going after important stories wherever they occur makes him a natural fit for CNN. We look forward to more of his groundbreaking work in the years to come."

Cooper has emerged as the new face of CNN in recent years, with his profile elevated in the wake of acclaimed work in New Orleans during Hurricane Katrina. He has been with CNN since 2001 following stints at ABC News and Channel One News. Viewership for "360?" was up 24% in the fourth quarter.

Cooper began appearing on CBS in 2004, first as a contributor to the defunct newsmagazine "60 Minutes II."
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