Katie Couric Joins Yahoo as 'Global Anchor'

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Yahoo announced Monday that Katie Couric is joining the company as Global Anchor beginning in 2014, cutting short her three-year deal at ABC. At Yahoo, Couric will help develop Yahoo News' coverage with a team of global correspondents who will report on live world events, as well as anchor big interviews with major newsmakers.

Couric, 56, will continue to host her syndicated daytime talk show, Katie, though The Hollywood Reportersays that the show will likely not be picked up for a third season.

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"It's very exciting to be a part of a leading company at the intersection of content and technology," Couric said in a statement confirming the news, after weeks of rumors circulating about her big move. "I have great admiration for Marissa Mayer and her team and their commitment to bringing news, entertainment and information to the Yahoo community across multiple platforms. Joining Yahoo offers a tremendous opportunity to reach people all around the world in the way that they're using and consuming media today."

And clearly, Mayer returns the admiration.

"Katie's depth of experience, her intellectual curiosity, and her charisma make her the perfect choice to anchor Yahoo News and the whole Yahoo Network. Her unmatched energy, savvy, and versatility enables her to connect with audiences across the globe,” Mayer, CEO of Yahoo, said in a statement. "News is a definitive daily habit for our users -- and Katie will work with our talented editorial team to pioneer a new chapter of digital journalism."

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For the past two years, Couric has been a special correspondent with ABC in addition to hosting Katie.