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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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46.

Marjorie Quinn    

There are far too many talk shows, news shows, reality shows. Most people would like SOME entertainment to clear their heads of all of this reality. If ABC really wants to be "Soap Free", they are also must really want to be everyday people free. Katie Couric...REALLY????

1233 days ago
47.

marysue42    

If abc drops General Hospital there will be no shows on abc for me to watch. I watch only soaps an abc. Guess I will be watching all cable channels soon.

1233 days ago
48.

your own luck    

I watch Katie's evening news on CBS nightly. However, we already have too many talk shows and do not need another. I have watched General Hospital since it began in 1963. If they take it off the air, I will never watch ABC again.

1233 days ago
49.

Justeace    

Ok, no one watched her on CBS and she hasn't proven herself to be a serious hard news person so why would anyone want her to have input on ABC News and 20/20? Well maybe 20/20 since it's more of segment-entertainment-informative news stories than hard hitting investigative type news. She was popular on NBC because it was a group with chemistry not just her. Her alone is just boring, you can pull off cute and perky at 20 and into your late 30's but when your pushing 50 cute and perky don't work and you need to be taken seriously.

1233 days ago
50.

L.T.    

This would explain why AMC & OLTL were cancelled.

1233 days ago
51.

Eriden07    

THIS IS BULL ****!!!!!!!!!!!!!!!!!!

1233 days ago
52.

Bobertbobert    

Can't they find a slot for someone with her disabilities?

1233 days ago
53.

Canon    

Confirms my stopping watching television, it's not so much the completely not photogenic people in both shows and news her being a prime example, poor acting even in prime time, but the complete stupidity of the Trumps and Couric's of the world.

1233 days ago
54.

erkg    

Um - who cares????

1233 days ago
55.

jen    

WTF?????? cancel general for this biotch??? she's so yesterday...bad mistake abc.......

1233 days ago
56.

E    

Why is anyone throwing piles of money at this lady?? She isn't any big deal?? I've never watched anything she does. Never watched Today. It's a pile of nothing but lame talk and commercials. Never watched CBS news because it's simply the liberal bias on the news. And won't watch her anywhere else.

1233 days ago
57.

SoThere    

Who watches this woman? She's not worth 20 cents.
Most of them aren't. Making millions for reading a
teleprompter, words written by someone else. Come on.

1233 days ago
58.

Donna    

Katie Couric is not that great of a reporter! N if a good show like General Hospital gets cancelled over her, I will be highly upset. She should jst leave the tv world, bc shes not tht great, n if cbs is not willing 2g all out for her, why should ABC? Its bad enough tht One Life To Live n All My Children are out, thats alot of people losing there jobs for some boring ass tv shows.

1233 days ago
59.

Palm Beach, FL    

Will we see her CBS booster chair she used at the news desk sold
on E-Bay any time soon?

1233 days ago
60.

always    

I lost all respect for her when she turned in to a cradle robber with her so called boyfriend she is a sick-o. Would never watch her.

1233 days ago
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