The Almighty Buck
The Columbia Journalism of Review is running a great piece about the ridiculous heights network TV newsreader salaries have reached. To wit:
…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.
And further down, a solid point:
What’s striking is how little notice this received in the flood of coverage of Sawyer’s appointment. With the notable exception of Jack Shafer in Slate, who cheekily urged Sawyer to turn down the job “and persuade ABC News to divert the millions it ordinarily pays its anchor and spend it on 50 or 80 additional reporters to break stories,”
So perhaps it’s a myth that good journalism has to be expensive.
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Tags: celebrities, journalism, media, msm, television