Katie Couric Signs New Contract With Yahoo (Report)
The incentive-laden deal reportedly ups her annual package from $6 million to $10 million.
Katie Couric is sticking with Yahoo.
The longtime television journalist has struck a new deal with Yahoo to remain the Internet giant's global news anchor, according to the New York Post. The incentive-laden deal is said to up her annual package from $6 million to $10 million.
A Yahoo spokesman confirms that "Katie continues to be Yahoo's global news anchor," but declines to "comment on rumors, speculation or personnel matters."
Couric, who has been negotiating a new contract with Yahoo for the last several months, first signed with Yahoo in 2013 but didn't officially begin working for the Sunnyvale, Calif., company until after her daytime talk show Katie wrapped. Since then, she has interviewed Secretary of State John Kerry, Reddit interim CEO Ellen Pao and others.
Yahoo CEO Marissa Mayer was instrumental in bringing Couric into the Yahoo family as part of her effort to turn the company into a media and video powerhouse. The company has expanded her role in recent months, announcing in March that it had struck a deal with ABC News to feature Couric as part of a Yahoo segment on Good Morning America, and revealing at its NewFront presentation in April that Couric would lead the team behind a new daily series called Yahoo News Live. When asked at the time about Couric's contract, CMO and head of media Kathy Savitt told The Hollywood Reporter that she was "excited about the future with Katie."