Katie Couric may be out at CBS

Despite a multi-million-dollar contract which runs through 2011, the Katie Couric era could be over at CBS as soon as next January, reports Rebecca Dana for The Wall Street Journal:

After two years of record-low ratings, both CBS News executives and people close to Katie Couric say that the “CBS Evening News” anchor is likely to leave the network well before her contract expires in 2011 — possibly soon after the presidential inauguration early next year.

Ms. Couric isn’t even halfway through her five-year contract with CBS, which began in June 2006 and pays an annual salary of around $15 million. But CBS executives are under pressure to cut costs and improve ratings for the broadcast, which trails rival newscasts on ABC and NBC by wide margins.

Her departure would cap a difficult episode for CBS, which brought Ms. Couric to the network with considerable fanfare in a bid to catapult “Evening News” back into first place. Excluding several weeks of her tenure, Ms. Couric never bested the ratings of interim anchor Bob Schieffer, who was named to host the broadcast temporarily after “Evening News” anchor Dan Rather left the newscast in the wake of a discredited report on George W. Bush’s National Guard service.

Read the rest at the link above. Combined with plunging stock prices, low ratings across the board for all its programming, and reports of their negotiating with CNN to provide a news feed, it’s beginning to look like CBS’ vaunted news division may not survive the loss of credibility suffered through Rather and Mapes’ fake “reporting.” Even Cutie Pie Katie can’t bring the viewers back (duh? This ain’t The View, Toots).

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Posted by on April 10, 2008.
Filed under Media.
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  • Imhotep

    Katie who?

  • Mike G in Corvallis

    … both CBS News executives and people close to Katie Couric say that the “CBS Evening News” anchor is likely to leave the network well before her contract expires in 2011 — possibly soon after the presidential inauguration early next year –

    … to become President Obama’s Secretary of State.

  • SteveC

    Gee, who’s the next lib they’ll trot out then?

  • moseby

    Polly Purebread out on her ass. Gee…CBS went from rearranging the deck chairs to throwin folks overboard…

  • Jer

    There is one thing, so I’m told, that cannot be polished. Well, maybe two, now.

  • Paden Cash

    Nothing bad to say about Katie. I never watched her. I won’t be happy until CBS goes out of the news mangling business.

  • http://everywhere.com OregonMuse

    I don’t know why they’re giving the Perky One the heave-ho for low ratings. Dan Rather consistently sucked ditch water in the ratings, week after week, for over 20 years and he wasn’t booted until the fake memo story blew up in his face.

  • COgirl

    I think CBS News is still clueless about what it’s going to take to improve their ratings. It’s not a pretty face. It’s unbiased, fair and balanced coverage of a story.

    Too many in the MSM just cover big news stories in a way they think will improve their ratings or sell more papers. But I happen to believe that most Americans are smarter than that. Too bad CBS and the MSM underestimate their audience.

  • Glenn

    But she’s cute.

  • jpm100

    The funny thing is, she will blame the failure on America not being ready for a woman anchor and not on the substance of her performance.

    I expect the similar reasoning when/if Obama loses.

  • http://www.debunkers.org/ SPQR

    In related news, Dan Rather is getting his tail whipped in his suit against CBS.

  • PookieJ

    Way too little, way too late.

  • John S

    It’s terrible that we don’t watch Katie. It must be our misogynistic attitudes.

  • Gmac

    Can’t say as I’ll miss her as I never bothered to watch any of her performances.

  • TGScott

    My husband enjoyed watching her, but only because she was attractive (hey, he digs Rachel Ray for the same reason and I’m okay with it). Once he saw what a hateful little snit she could be, he admitted that she sucked as an anchor and should be tossed in short order. In his words, “She’s not worth however many million they’re paying her.”