Couric Negotiating Exit from ABC News

In a surprise to no one, word is that Katie Couric is looking to end her deal with ABC News.

The Hollywood Reporter says that less than three years after joining ABC in a lucrative and wide-ranging deal that included a daytime talk show and a role at ABC News, Couric is negotiating an exit package.

Couric is looking to leave ABC and join Internet company Yahoo. 

ABC News declined comment. But an executive told THR: “Katie is an incredible journalist and this was an opportunity that she couldn’t pass up.  Thanks to the powerful association between ABC News and Yahoo we know that Katie will continue to work closely with us and welcome her on our air anytime.”