Less than three years after joining ABC in a lucrative and wide-ranging deal that included a daytime talk show and a role at ABC News, Katie Couric is negotiating an exit package, The Hollywood Reporter has learned.
The move comes as Couric is close to finalizing an extensive deal with Internet giant Yahoo, according to multiple sources.
Couric's daytime talk show is in its second and almost certainly final season on ABC. She will complete the season and sources at Disney-ABC insist that a decision about the future of Katie will not be made until sometime in December after executives get a look at the November sweeps ratings.
The original deal -- said to be worth $40 million -- encompassed two seasons of the daytime talk show and three years at ABC News; it is standard for news contracts to be three years. It's unclear how much the news division is paying toward Couric's contract or how much she'll walk away with in an early exit.
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