Here's a story Katie Couric didn't ever want to come out. But a new book has spilled her secret, and it shows a very generous side to the celebrated TV journalist, who's been in the news business since 1979. Among her many jobs, she's had the distinction of being a host on the three major networks--NBC, CBS, and ABC.
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During her third year as the anchor for CBS News, the network faced massive layoffs in 2009. So the working mom went to her boss and voluntarily took a pay cut of $1 million. While it wasn't a gigantic slice from her reported $15 million a year, the offer was enough to save people's jobs--and that's what counts.
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But Couric had two conditions, according to Powerhouse: The Untold Story of Hollywood’s Creative Artists Agency. First, the money had to be used directly for her staff. And second, her offer had to be kept quiet: No one at the network could acknowledge it publicly or privately. Couric left CBS in 2011, and is now the global news anchor for Yahoo News.
via Page Six
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