New leadership at Paramount under CEO David Ellison is making significant changes following an $8 billion merger. CBS Mornings is struggling with low ratings and is currently last in the morning show slot. Reports suggest that to cut $2 billion in costs, Gayle King, a prominent face of the program with an annual salary of at least $10 million, may be at risk as her contract comes to an end. Speculation surrounds the financial viability of keeping King's position given her salary and the company's political direction.
David Ellison, the new CEO of Paramount, is in the process of making significant changes, including potentially considering layoffs to cut costs by $2 billion following a recent merger.
CBS Mornings has been struggling in the ratings, currently sitting in third place, which raises questions about the future of its most recognizable anchor, Gayle King.
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