Tuesday, April 18, 2006

GE Prepares Suit Against Couric

Rumors are circulating in the news media that GE, parent of NBC television, is preparing to sue Katie Couric for part of her $15 million pay package for improperly promoting her move to CBS.

The move is thought to be a daring challenge to CBS and Leslie Moonves who recently filed suit against former radio and now Sirius Satelite Radio personality Howard Stern. Said a spokesman for GE, "While we understand Ms. Couric is leaving the Today show, and that the move is 'news' we have not given her or any of our others shows explicit permission to talk of the move, thus we are suing CBS for what is in effect the millions of dollars of free advertising they are getting."


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