Could Norah O’Donnell lose her job on CBS Evening News because of the show’s bad ratings? According to inside sources, the network doesn’t want to keep on paying her salary when the show continues to sit in third place vs. ABC and NBC.

The news anchor currently earns $8 million a year, and execs are reportedly upset the hefty contract isn’t paying off for the network.

Wendy McMahon and Neeraj Khemlani were recently appointed co-presidents of CBS after the former president, Susan Zirinsky, stepped down because she was unhappy with her corporate job. Sources close to the new co-presidents say that they are looking to cut some of the unnecessary expenses from CBS.

Norah O'Donnell, news anchor for CBS Evening News, could lose her job because of her show's poor ratings. (Credit: Instagram)
Norah O’Donnell, news anchor for CBS Evening News, could lose her job because of her show’s poor ratings. (Credit: Instagram)

Neeraj Knemlani has since come out and said that he denies all claims that he will be firing the news anchor and looking for her replacement, but some say that Neeraj has hired a consulting company to help him reduce costs.

“There are no plans to move the Evening News from Washington. Her presence in Washington has elevated the CBS Evening News’ coverage on all fronts — politics, breaking news, to big interviews including Treasury Secretary Janet Yellen just last week. Her reporting on the military and domestic abuse has won awards and changed policies in Washington. And in addition to making headlines, the program is gaining audience share,” Neeraj said.

One of the many expenses under Norah O’Donnell? The live broadcast was moved from New York City to Washington D.C. This move, which allowed her to be close to her husband and kids, reportedly cost the news network millions of dollars.

If CBS brought its evening news broadcast back to NYC, it would save the company millions because CBS already owns space there and they have a bigger staff to support the show.

The last quarter saw poor ratings for CBS Evening News once again. Sitting in third place, the show averaged 4.91 million viewers for this quarter, which is a -18% from the previous quarter’s data.

The show had 3 million fewer viewers than ABC World News Tonight with David Muir, which currently sits at first place. NBC Nightly News with Lester Holt is in second place.

When it comes to the show’s target demographic, adults ages 25-54, the CBS show lost -26% of those viewers this quarter.

Norah O'Donnell might lose her job if ratings continue to drop for CBS Evening News. New co-president hires are allegedly looking for a new face to the nightly show. (Credit: Instagram)
Norah O’Donnell might lose her job if ratings continue to drop for CBS Evening News. New co-president hires are allegedly looking for a new face to the nightly show. (Credit: Instagram)

Those close to the network also say that she was unpopular with some members of the staff and she was difficult to work with. According to sources, the anchor was rude to the makeup and hair team and demanded that she get designer outfits for her broadcasts during the pandemic.

“She is a woman version of an outdated anchor,” an insider said about O’Donnell. “Her appointment was an example of the worst kind of change. It was about optics.”

This is not the first time that CBS Evening News has had trouble getting ratings with a previously popular anchor. Katie Couric had similar issues years ago.

The former Today Show star had CBS execs thinking they’d hit it big with her as the face of CBS Evening News. The network famously stole her away from NBC for a paycheck of over $10 million. But even with her explosive interview with Sarah Palin during the 2008 presidential elections, viewers didn’t respond well. And the ratings were low.

Do you think Norah O’Donnell should be replaced? Let us know your thoughts in the comments section below!