Big Picture

Good Morning, Nicki! Plus, Daniel Radcliffe works his magic and Bruce Jenner blasts to the past. Get the latest pics!

MORE PHOTOS +
Hello, you either have JavaScript turned off or an old version of Adobe's Flash Player. Get the latest Flash player.
Click Here

Our Partners

Hello, you either have JavaScript turned off or an old version of Adobe's Flash Player. Get the latest Flash player.

Barbara Walters' Record Raise

For Barbara Walters, there's no place like home.

After fielding offers from the competition, The Grand Inquisitor of celebrities, politicians and interns has opted to renew her contract with ABC News to the tune of $12 million a year over the next five years--a record sum that makes her the highest-paid news personality on television.

"Barbara Walters is one of the most accomplished journalists ever to work in television news," says ABC News president David Westin in a statement. "Barbara has made extraordinary contributions to the national discourse as well as to ABC News and we look forward to this next chapter in her storied career."

The 68-year-old Walters, who joined the network in 1976, will continue to anchor 20/20 Friday, as well as produce and appear on The View. However, her traditional prime-time Barbara Walters Specials will be scaled back to two a year, including her usual round of Oscar-time chats, in which A-list celebs inevitably bawl their eyes out and divulge their deepest secrets to the probing Walters.

Walters, who previously earned $10 million a year, far outpaces her ABC News colleagues Diane Sawyer and Peter Jennings, who both make between $7 million and $9 million a year--about the same as anchors on rival networks like NBC's Tom Brokaw and CBS' Dan Rather.

But perhaps even sweeter for Barbara Wa Wa is ABC's renewed commitment to The View, a show which Walters developed for the network, co-owns under her Barwall Productions banner, and coexecutive produces with Bill Geddie, her producing partner for the past 12 years on The Barbara Walters Specials.

The show has allowed the famous newsie to branch out and show fans a more relaxed, lighter side of herself. She'll continue cohosting chores with Meredith Vieira, Joy Behar, Star Jones and Lisa Ling on the female-oriented gabfest, which has seen a 10 percent increase in viewership since its debut three years ago. The show has also done particularly well for the network in drawing women ages 18 to 49.

0 Comments

Now loading...

Add Your Comment!

Guests

E! Online members

Register | Forgot password?

Play nice and have fun. And please, no HTML tags or special characters including [&*#()!@$].
You've got 1000 characters left.

Post Comment