Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Yahoo Is Paying Katie Couric $6 Million A Year, Says TMZ

Jay YarowDec 16, 2013, 20:40 IST

AP ImagesKatie Couric

Yahoo will be paying Katie Couric $6 million a year to do a new video show for the web, TMZ reports.

It may sound like a lot of money, but TMZ notes that it might be a slight reduction in pay for Couric. When she was the news anchor at CBS, she was pulling in $15 million annually, and at ABC she had a deal worth $40 million over three years.

At Yahoo, her role is still somewhat unclear.

CEO Marissa Mayer announced the hire at the end of November, saying, "Today, I am incredibly excited to announce that Katie Couric is joining Yahoo as our Global Anchor. Starting in early 2014, Katie will lead a growing team of correspondents at Yahoo News who will cover the world's most interesting stories and newsmakers."

She currently has an ABC talk show, but that should be winding down shortly so she can focus entirely on Yahoo.