Jeff Bewkes, the CEO of CNN's parent company Time Warner has said that CNN has the money "to pay for some of the biggest talent in TV news…"
Here's what the head of CBS, Les Moonves, had to say about it:
"The Katie Couric deal will be the last big deal of that kind ever done. Those days are over."
More from Moonves:
"People are getting the news elsewhere. When there were only three networks, you did have that public service component, where we were informing America. Now, there is nothing that Katie Couric is saying that everybody doesn't know already."
CNN's Bewkes doesn't seem to be on the same wavelength. When asked if he's putting a cap on salaries for talent, here's what he had to say:
"Absolutely not. Let the word go out."
Should be inneresting to say how this plays out.
We're thinking we'll be seeing Couric on CNN, sooner than later.
Do U think Katie Couric will make the move to CNN?
[Image via WENN.]