Gayle King time on CBS can end.
CBS Mornings star host – which began its start on the Tiffany network in 2012 along with Charlie Rose and Norah O’Donnell – will face difficult negotiations to renew a contract coming due to September, sources told The Post.
Insiders said the king’s 70-year-old’s salary, bound by more than $ 10 million, is too high to justify the declining estimates of her show. As reported earlier by The Post, King’s annual compensation was cut last year by $ 13 million when she scored a new one -year deal.
“This may be the last year of Gayle”, according to one self -self -esteem near the Tiffany network.
When King was reburied last year, the parent of CBS Paramount Global was in the thorns of steep budget cuts before its proposed union with Hollywood Studio Skydance Media.
The company is still in the turmoil. On Monday, CBS News Chief Wendy McMahon pulled between sloping sloping ratings in “CBS Mornings” and “CBS Evening News”, which she tried to fix with a new format and anchor formation.
Now, no. 2 Executive, President of CBS News Tom Cibowski, will try to inhibit the bleeding – which can worsen if King leaves.
“Tom does not have enough hands to insert holes into the dam,” said a CBS interior, who noted that loss of King would mainly shock the morning program and would be another problem that the veteran programmer would have to solve.
Paramount is expected to start another round of brutal cuts as part of his mandate to reduce $ 500 million next month as soon as possible. Assuming Skydance and Paramount closing its deal, new management by Skydance is expected to continue cutting, a well -established source for The Post said.
“The first year of union will simply be consolidation,” the person said.
Skydance refused to comment, but a source close to the company said: “No one has thought of Gayle King’s contract as there are clear advantages to be treated.”
For King, another great one -year deal will be a “miracle”, a third source added, explaining that CBS has offered one -year contract because the anchor is “very expensive”.
Normally, talent contracts are approximately three years. Another person said King prefers one year contracts as she is weighing her options what to do next.
“Gayle sees writing on the wall,” the person said.
CBS News and King did not respond to requests for comment.
Although King is the face of the network, it does not have much shopping lever, sources said. While she may choose to get another salary reduction, it is likely to be much faster this time as the estimates of the embedded news division continue to sink.
Her latest show, which she co-cut with Tony Dokouupil and Nate Burleson, hit a new one since she reopened in September 2021.
In recent weeks, the overall viewing of the program sank under 2 million despite a huge increase on April 14 for the exclusive covering of King’s spatial flight at Jeff Bezos’s Rocket Blue Origin.
The anchor made an 11-minute journey to the edge of the space with a comprehensive crew that included the pop katy perry star and the fiancé of Amazon Lauren Sanchez-helping its emergence to turn into a rare end of first place ratings.
The spectacle attracted approximately 3.9 million general viewers, rating “Good Morning America” and “Today” of NBC and “today” of NBC, which withdrew to 2.7 million and 2.5 million viewers, according to Nielsen Ratings.
CBS Mornings’ ratings, however, have returned to Earth, with 1.9 million viewers on the week of May 5, following NBC with 2.6 million and ABC with 2.7 million viewers.
“Skydance will eventually not keep it with those numbers,” the first source said.
While Skydance is expected to join Paramount in the coming months, the deal is facing obstacles.
Currently, Paramount is in talks with Trump’s lawyers about his $ 20 billion lawsuit over editing his “60 minutes” of landing with former Vice President Kamala Harris.
Trump FCC leader Brendan Carr is also considering the issue.
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