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Indecision 2012 – Herman Cain Canes the Unemployed
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When Katie Couric’s five-year, $65 million contract with CBS News expired earlier this year, one of the reported reasons that the network elected to part company with its nightly news anchor was that Couric simply had become too expensive to keep. Her “Evening News” replacement, Scott Pelley, is said to be earning less than $5 million per year.

Meanwhile, some of Couric’s other colleagues in the television news business appear to be doing just fine.
According to TV Guide’s upcoming salary issue, Matt Lauer’s new contract with NBC earns him $17 million a year--a well-deserved figure, given the exotic bird hazards that Lauer has to face on the “Today” show set. Brian Williams, host of NBC’s “Nightly News,” earns $13 million annually–$1 million more than ABC’s “World News” host Diane Sawyer. (more…)

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John Legend educates Anderson Cooper