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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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136.

Kathy    

Oh my gosh.. is ABC this stupid? Why in the world would you pay Katie Couric $20 million to do a talk show, when she couldn't deliver ratings on the CBS evening news. I'm sorry, but Katie's time has come and gone. Replacing another soap is going to be another public relations disaster for ABC and any show that goes in GH's place is going to fail. Is anyone on that network paying attention? They evidently don't care about viewer loyalty. Do they think Katie is going to be the next Oprah? That's laughable.

1232 days ago
137.

April    

GRRRR Katie Couric? Ive never watched any thing with her in it, Ive only seen her briefly here and there on TV. She is not worth 20 million, and she is definitely NOT worth loosing General Hospital over! ABC went after AMC...OKAY I can deal with that, OLTL really got my blood pumping, I love One Life to Live, and then to hear about General Hospital OMG! Makes me seriously want to cry!!!! Having GH still on air was the only thing keeping me from going crazy over these soap cancellations but really?!?!?!?!!? This is sooo ridiculous! Why mess with a good thing? No one will watch these new shows, and really who the hell does Katie Couric think she is.... 20 million seriously?!

1232 days ago
138.

Rick    

What a waste of money. Katie's WAYYYY over-rated.

1232 days ago
139.

BETTYCOVIL    

WE CERTAINLY DO NOT NEED ANTHER TALK SHOW AND MUCH LESS ONE WITH KATIE CURIC. BORING. WHAT MAKES YOU THINK WE WANT ALL THESE TALK SHOWS AND REALITY SHOWS. KEEP SOME OF OUR SOAPS ESPECIALLY GENERAL HOSPITAL. PLEASEEEEEEEEEEEEEEEEEEEEEEEEEE

1232 days ago
140.

Melissa    

NO NO NO NO NO
LEAVE GENERAL HOSPITAL ALONE! WE LOVE IT
WILL NOT WATCH ANOTHER TALK SHOW.

1232 days ago
141.

jm1656    

and oil company's make too much money? at least they produce something useful.

1232 days ago
142.

Olga     

Sad when ABC states AMC and OLTL were canceled due to financial reasons so now they strike a deal with Katie for 20 mil and they are about to cancel their last soap General Hospital.

Talk about heartless so many jobs from all 3 shows to "save" money but yet throw 20 mil at Katie who could not even keep up ratings on her last show!

1232 days ago
143.

HM    

she is not worth it guys--she is not as popular as the networks think.
way over paid for her

1232 days ago
144.

BJG    

As far as I am concerned, ABC is done for. I have watched GH for 15 years and have been a fan for almost my whole life. The devotion of soap fans is greater than any other genre of television. We will not see our shows be killed by talk shows and the like. If our soaps die, then ABC will also see Grey's Anatomy, Desperate Housewives, Dancing with the Stars and all of there other programming because our their viewership will plummet to nearly zero. If ABC goes through with this, then i see the company ceasing to exist by the end of 2012. Good bye ABC. 1943-2012. You've had a good run, so to speak.

1232 days ago
145.

Jinko    

So homely: so untalented; so bitchy and mean with an irritating voice, and huge man hands. Haven't we all had enough of her. Get a real life!

1232 days ago
146.

pegnew    

@ MusicMaven 13 hrs. ago,

Perfectly stated.You talk about a big-time DIVA!!! The
stories of Katie's demanding and demeaning personality are LEGEND
around the corridors of CBS. She treated her co-workers like they
were totally unworthy of her ''greatness.'' Don't do it ABC!!!
20 Mill.??? Puh-leeze, She ain't worth it!!! You will rue the day.

1232 days ago
147.

brooke    

ABC....LOSING. I see a ratings dive in ABC Daytime's future. Keep the Soaps.

1232 days ago
148.

icantbelieveitsnotbutter    

Waste of money. She Sucks.!

1232 days ago
149.

JP    

20 million for one person? This is why I canceled cable TV. I'm not paying for these obnoxious salaries anymore at what they're charging per month per cable.

1232 days ago
150.

mkope1    

Why are people throwing her money?She was last in the ratings!Go away nobody likes you!!

1232 days ago
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