Katie Couric Renews Anchor Deal at Yahoo

New contract is reportedly worth between up to $10 million per year

Last Updated: June 12, 2015 @ 4:58 PM

Veteran TV newswoman Katie Couric is renewing her deal as global news anchor for Yahoo, TheWrap has learned.

Couric joined the online giant in November 2013 as the site’s global news anchor after a two-year stint at ABC News. She was a prominent early hire for CEO Marissa¬†Mayer, who has bulked up content-producing staff in recent years in an effort to make the site a news destination.

According to reports, Couric is expected to be getting a significant bump in salary, from around $5-6 million per year to nearly $10 million.

Representatives for Yahoo and Couric declined to elaborate further about the terms or length of the new deal.

Couric, 58, leaped to nationwide fame as co-host of NBC’s “Today” from 1991-2006, then took over as the anchor of “The CBS Evening News,” where she earned a then-record $15 million per year. She struggled in the anchor chair for five years despite occasional coups like her memorable interview with then-vice-presidential candidate Sarah Palin in 2008.

She left CBS in 2011 for a special correspondent gig with ABC News along with a daytime talk show for sister company Disney-ABC, signing on for a record $40 million annual salary. The daytime show stumbled in the ratings and was cancelled after two seasons.

At Yahoo, Couric has raised the profile of online news, with a particular focus on one-on-one interviews with politicians, business executives, and celebrities.