A source close to Cooper confirms to ET that the 49-year-old TV anchor will be staying with CNN, where he currently hosts the news program Anderson Cooper 360, and is no longer being considered to replace Michael Strahan on the daytime talk show.
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Ratings for Cooper's CNN show have been great through this election season, and the cable news network is all for keeping him on as a face of the channel, a source close to the journalist's CNN negotiations tells ET. The source adds that Cooper's role at CNN will also expand to include big specials and more election coverage. While the source isn't privy to Cooper's salary with his new CNN contract, it's believed to be upwards of $10 million a year.
A source close to Live! told ET in September that the ABC program was in no rush to find a permanent replacement. "The show is going to stick to doing a round robin shuffle of guest co-hosts for the time being," the source explained. "Kelly likes the dynamic right now, so they’re not in a hurry to make a decision anymore."
Other names that have been thrown around to co-host Live! include Rob Lowe, Fred Savage and Alec Baldwin, but a source told ET that the show doesn't plan to name a replacement until November.