George Stephanopoulos Sets New Deal at ABC News Amid Blowback Over Trump Settlement Agreement
variety.comMichael Schneider Variety Editor at Large Longtime ABC News star George Stephanopoulos has reached a new deal that will keep him at ABC News and as an anchor on “Good Morning America” for the near term.
The news should end speculation that the well-paid Stephanopolous was on his way out as the Disney-owned network, along with every news organization, looks to trim the high overhead of pricey talent deals.
An industry source with knowledge of the deal said the length of the extension was shorter than a typical multi-year on-air talent pact — which is another sign of the times for the TV news business.
The Los Angeles Times was the first to report the news of the new deal. Under his previous pact, Stephanopoulos was one of the highest-paid anchors on TV, making up to $18 million per year.
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