Katie Couric renewing her Yahoo contract with for $10m per year

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Katie Couric will remain as Yahoo's global news anchor, Yahoo confirmed
Her contract, which has been agreed to but not finalized, reportedly ups her annual pay package from $5-6 million to $10 million

By Myriah Towner For Dailymail.com

Published: 15:13 EST, 13 June 2015 | Updated: 07:27 EST, 14 June 2015

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Veteran newscaster Katie Couric is renewing her Yahoo! contract where she will remain as its global news anchor.

Couric, 58, who had been negotiating the contract for the last few months, was reportedly earning $5-6 million prior to the renewed deal which will up her annual pay package to $10 million, according to the New York Post.

The new deal, which has been agreed to by both parties but not yet been finalized, also has some targets she must hit to reach the $10 million pay package, the report said.

Veteran newscaster Katie Couric (pictured on June 4) is renewing her Yahoo! contract where she will remain as its global news anchor

'We can confirm that Katie continues to be Yahoo's global news anchor. We don't comment on rumors, speculation or personnel matters,' Yahoo told CNN Money.

As Couric remains as the global news anchor, she will continue to host short news videos featured on Yahoo!'s homepage, the Post reported.

Couric first signed to join Yahoo! at the end of 2003, but began working for the company after her daytime talk show ended.

In recent months, Couric's role has grown to include her being featured as part of a Yahoo segment on Good Morning America as well as leading the team working on the daily series Yahoo News Live, according to the Hollywood Reporter.

During her time at Yahoo, Couric has done interviews with Sen. Lindsey Graham, 7th Heaven actor Stephen Collins and Secretary of State John Kerry.

Couric, 58, who had been negotiating her contract for the last few months, was reportedly earning $5-6 million prior to the renewed deal which will up her annual pay package to $10 million (Couric pictured above on May 12 at the Robin Hood Foundation Annual Benefit)

Couric has had a number of high-profile jobs since she left NBC's Today back in 2006 after 15 years on the morning news show, over which time she became known as America's Sweetheart.

She worked at CBS Evening News until 2011, while also doing segments for 60 Minutes, a job that earned her a reported salary of $15 million a year, the most ever for a journalist at the time.

Her most famous interview came in 2008 when she sat down with vice presidential candidate Sarah Palin for a series of pieces that many believed doomed Palin and McCain's campaign.

Couric left CBS in 2011 to go work as a special corespondent at ABC, where she did segments for Nightline and 20/20 and filled in on all their morning programs at some point: The View, Live with Kelly and Good Morning America.

Then, in 2012, she launched her own talk show, Katie, on ABC, which wrapped after two seasons in 2014.