Thursday, October 10, 2013

‘Katie’ Renewal Appears To Be A Long Shot

One of the TV's priciest daytime experiments soon could be coming to an end.

Stations throughout the U.S. are contracted to carry Katie Couric's syndicated talk show through summer 2014, but the decision on whether Katie will score a third season likely will be made this month -- and renewal seems a long shot, according to The Hollywood Reporter.

In fall 2012, Disney/ABC TV rolled out the red carpet for Couric, 56, giving her plum time slots on the best stations, fat license fees and loads of promotion. The initial annual budget was $50 million, according to a show source -- including $20 million for Couric over two years. (That budget has been brought down to $35 million. Similar talk shows cost about $20 million a year.) But station owners now complain the daily strip hasn't lived up to the hype, and several insiders tell THR that internal discord has become nearly unbearable.

Disney/ABC projected the reteaming of Couric with her Today executive producer Jeff Zucker would average a 2.5 household rating, which would have made Katie one of the biggest syndicated launches. Instead, it averaged a 1.7 during its first season and a 1.8 so far this season. (A Couric spokesman insists she never approved the 2.5 projection.)
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Katie insiders say the problem is that Couric has refused to shape shows with softer features to appeal to daytime's key 25-to-54-year-old female demo, insisting instead on the kind of harder-edged interviews she enjoyed on Today and her stint as anchor of CBS Evening News.

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