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Katie Couric On the Verge of

$20 Million ABC Deal

5/5/2011 6:00 AM PDT BY TMZ STAFF

Katie Couric and ABC television are on the verge of signing a $20 million deal, which would give Katie her own talk show, as well as significant involvement in ABC News -- and the big casualty could be "General Hospital."
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Sources connected with ABC tell TMZ -- under the deal that is in the final stages -- Katie would do specials for ABC News, "20/20," and do a significant amount of fill-in work -- including anchoring.

ABC would also give Katie a 1-hour, 5-day-a-week syndicated talk show, that would begin in September, 2012.  Our sources say ... one option ABC is considering is giving its affiliates back the hour where "General Hospital" airs to make room for Katie.  In other words, ABC would axe the third longest-running soap in history and the last one standing on ABC.

ABC is also realistic, believing that one of its two new 2011 syndicated shows will fail, leaving room for K.C.

We're told ... when the dust settles and ABC's daytime schedule gets rearranged, Katie would probably land in the 3 PM time slot.

BTW ... we're told Matt Lauer will NOT be part of Katie's show.

As for the moola, our sources say the entire package for Katie and her partner, Jeff Zucker is a $20 million GUARANTEE for the syndicated show -- and that's just for the the first year.  We're also told Katie will get a "nominal amount" for her work in the news division.

180 COMMENTS

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1.

Joel    

FIRST!

1233 days ago
2.

Joel    

FIRST!

1233 days ago
3.

Dicky    

CBS was smart not pay her...ABC must think Couric will be the new Oprah! NOT! And anything Jeff Zucker get involved with turns to a brown foul mess.

1233 days ago
4.

NJS    

one of "it's" two new 2011 syndicated shows... and that's just for "the the" first year.

Come on guys... Really!?

1233 days ago
5.

Rikk Agnew    

So she goes from hard news to a talk show. Now that's saying something about just how bad she is a reporter. No one trusts her. She better sign that contract quickly before the morons at ABC come to their senses.

1233 days ago
6.

namers    

ABC/Disney is in for a rude awakening with fans of AMC and OLTL (and now GH) pulling out of ABCD daytime/sponsorship. Our full-page ad will run on May 11th in the Hollywood Reporter!

1233 days ago
7.

Carol Yount    

I would not watch Katie Couric - onetime was enough. She was a joke on the news. There's too many talk shows as it is. General Hospital goes...see the view decline for ABC.

1233 days ago
8.

Carol Yount    

I would not watch Katie Couric - onetime was enough. She was a joke on the news. There's too many talk shows as it is. General Hospital goes...see the view decline for ABC.

1233 days ago
9.

two cents    

Oh god! I hope ABC doesn't take her. I like ABC but it's only barely tolerable now with dingy Diane Sawyer (with her permanently confused look, tilted head, and blinking lashes) and senile Barbara (who can't keep a coherent thought in her head and should have retired years ago). They need fresh blood; young blood. David Muir, on the other hand, hubba hubba. I could listen to that man all day.

I will not watch her. Ever.

And what the hell has happened to CNN over recent years. Nothing but bimbos all day long, who say the most ridiculously stupid things. I have to wonder if viewers just like to watch that channel on mute and just fantasize because the minute I hear them, I have to change the channel.

Go away Katie, don't want you. Maybe she should go to NBC. Nobody watches that channel anyways. lol

1233 days ago
10.

ChinLee3    

BFD

1233 days ago
11.

MariJoy    

20M? That's Oprah's chump change...

1233 days ago
12.

NelsonH    

Don't cancel the last soap on ABC. That sucks.

1233 days ago
13.

Marisa    

Just like CBS lost with "The Talk" I doubt Katie Couric will have much of an audience. ABC don't go there

1233 days ago
14.

MusicMaven    

Another soap bites the dust... Boo hiss boo.

(P.S. ABC, she's NOT worth it. If you don't KNOW, ya better ASK sombody -- at CBS!)

1233 days ago
15.

American Mom    

NO WAY!!!!!!! Someone at ABC wants to end that network all together and they are doing it from inside. Oprah leaves to start her own network and now someone thinks it's a great idea to change everything because they are losing money. I am telling you now, and you better listen very very carefully, getting rid of General Hospital would be the biggest mistake for ABC in the history of the network. General Hospital is such a valuable show I can not believe this is even a consideration! General Hospital is historical it made tv history as the most watched show ever.Remember Luke and Lauras wedding? Elisabeth Taylor even ASKED to be on the soap. I know for a fact other countries love General Hospital also. Fire the inside corporate fool who came up with this foolish idea. ABC, call me I can and will save your network for ya. First by keeping on General Hospital. Canceling it would with out a doubt be the end of ABC.........noone would need to watch ABC any more. General Hospital is ABC! Caty couric is boring , sorry, I'm sure shes nice and all and she needs a job but at whos expense? General Hospital has been on ABC probably longer than Caty courics been alive or close. General Hospital has been on durring wars in this country of ours, on through many presidents, many economies Why now can't someone at ABC handle the budget? Do not cancel General Hospital. I predict there would be riots in the streets, lawsuits... and noone will ever buy another product that ABC tries to sell! We the people of the United States if America have spoken! Long live General Hospital!!!!

1233 days ago
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