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Wednesday, February 03, 2010

Not A Good Day at SeeBS

Filed under: | News

This being from Drudge, and who knows how long this will last, I’ll post it in its entirety. With a few edits of course!

COURIC FACES PAY CUT; DEEP LAYOFFS HIT SEEBSNEWS
Wed Feb 03 2010 09:11:21 ET

SeeBSNEWS anchorwoman and 60 MINUTES contributor Katie Couric faces a dramatic pay cut at the network, insiders tell the DRUDGE REPORT.
SeeBS boss Les Moonves is determined to save money and trim expenses—from top to bottom—at the former crown jewel of broadcasting.
Couric, the highest paid TV news personality in history, commands over $14 million a year, plus bumps for non-EVENING NEWS appearances.
But her salary is now in the direct line of fire, network insiders explain, and a populist backlash against Couric’s cash is said to be forming inside the newsroom.
“She makes enough to pay 200 news reporters $75,000 a year!” demands a veteran producer. “It’s complete insanity.”
The angry source continues: “We report with great enthusiasm how much bankers are making, how it is out of step with reality during a recession. Well, look at Katie!”
MORE

Couric’s $300,000 a week paycheck has become the obsession of disgruntled SeeBS staff, just as deep layoffs rock the fishbowl.
Dozens of employees—including staff members in D.C., San Francisco, Miami, London, Los Angeles and Moscow—are being let go, the NEW YORK OBSERVER reports.
Couric’s current SeeBS contract expires next year.
Developing…

EDITOR’S NOTE: Former SeeBS News anchor Dan Rather called on President Barack Obama to form a White House commission to help save the press. Tears welled in the lifelong reporter’s eyes as he discussed the dwindling number of war correspondents.

Dammit! Where’s my violin when I need to play it?

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