Katie Couric’s annual salary is more than the entire annual budgets of NPR’s Morning Edition and All Things Considered
combined. Couric’s salary comes to an estimated $15 million a year; NPR
spends $6 million a year on its morning show and $5 million on its
afternoon one. NPR has seventeen foreign bureaus (which costs it
another $9.4 million a year); CBS has twelve. Few figures, I think,
better capture the absurd financial structure of the network news. —Michael Massing, Columbia Journalism Review
Of course, the situation was just as bad when the top three anchors were all men, but Massing does have a point.
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I wonder if she feels a bit of a twinge when reporting on corporate executive compensation and greed…