Anderson Cooper Signs Multiyear Deal With CNN

Posted on January 19, 2007

Broadcasting & Cable reports that Anderson Cooper has landed a multiyear deal worth about $4 million a year.
Anderson Cooper has inked a new multiyear pact with CNN, according to sources inside the all news network. Under the terms of the new deal, the host of the CNN primetime show Anderson Cooper 360 can continue as an occasional contributor to 60 Minutes.

Although the network would not comment directly on the matter, CNN President Jon Klein said, "Anderson Cooper is an exceptional journalist, and his dedication in going after important stories wherever they occur makes him a natural fit for CNN. We look forward to more of his groundbreaking work in the years to come."

Cooper's previous contract with CNN was worth around $2 million a year, according to sources, and his new pay is more than double that amount. CNN has also made Cooper the center of an unprecedented multimillion-dollar promotional campaign.

Last December his newscast was up more than 30% in the key 25-54 news demo.
B&C reports that the deal ends speculation that Cooper was about to jump ship for CBS to host The Early Show. In addition to his show Anderson Cooper also writes bestselling books and writes a popular blog for CNN.