King keeps his CNN seat through '11

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Larry King is staying at CNN for at least another few years.

King, 74, and CNN extended their contract through at least 2011. His talk show, always one of CNN's top-rated programs, has run since 1985. King's pact with the cable news network was set to run out in summer 2009.

The deal was completed within the past week or so. Sources said there are no major changes in the extension, which calls for "Larry King Live" to remain in the 9 p.m. slot on weeknights. King draws an average of 1 million viewers a night.

King's fate at CNN had never been in doubt until a report two weeks ago claimed that "CBS Evening News" anchor Katie Couric might replace the veteran talk-show host at some point.

During last week's Radio-TV Correspondents Dinner in Washington, comedian Mo Rocca joked that Couric was "waiting for Larry to wander off."

King's new deal at CNN is said to have been done independently of the Couric rumors.

CNN declined comment other than to say that "Larry is the best and he'll be here for a long time." Financial terms of the deal couldn't be determined at press time, though King reportedly makes as much as $7 million a year.

King is repped by WMA.
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