Morning Media Newsfeed: Couric Joining Yahoo! | iVillage Shuts Down | Inquirer Editor Back

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Katie Couric Negotiating ABC News Exit (THR / The Live Feed)
Less than three years after joining ABC in a lucrative and wide-ranging deal that included a daytime talk show and a role at ABC News, Katie Couric is negotiating an exit package, The Hollywood Reporter has learned. The move comes as Couric is close to finalizing an extensive deal with Internet giant Yahoo!, according to multiple sources. TVNewser “Katie is an incredible journalist and this was an opportunity that she couldn’t pass up,” an ABC newser in the know tells TVNewser. “Thanks to the powerful association between ABC News and Yahoo! we know that Katie will continue to work closely with us and welcome her on our air anytime.” AllThingsD The deal is set to be announced on Monday, said multiple sources at the company, which could designate Couric as “global news anchor” of the Silicon Valley Internet giant. Capital New York The negotiations over whether she will continue her daytime talk show, Katie, for the network are still ongoing, and the Yahoo! deal does not prevent her from keeping it. NYT The Katie program was among the highest-rated of the new syndicated talk shows over the last two years, but like most recent rating results, the numbers were considerably lower than syndicated shows scored in the past. Variety Couric has always been admirably aggressive about experimenting with online video and social media, so this is no neophyte putting a toe in new waters. But the problem is she is still a fixture of the old media world. Regardless of how willing she is to shed her skin and embrace new ways, the world still mostly sees her in the over-familiar constructs of “anchor” and “talkshow host.”

iVillage to Be Shuttered as Standalone Site, Folded Into (TVNewser)
iVillage, one of the earliest websites for women, will be folded into next spring, TVNewser has learned. The iVillage changes will results in the loss of up to 12 jobs. “Combining these strong lifestyle brands under the Today banner will give iVillage much bigger reach and will further integrate it with NBC News,” a spokesperson tells TVNewser. MediaPost / Online Media Daily iVillage was founded in 1995 by Time Warner veteran Candice Carpenter and publishing executive Nancy Evans. The site was widely seen as a digital pioneer for service-oriented offerings, especially in the health, fitness, relationship and lifestyle spaces. In May 2006, NBCU picked up iVillage for $600 million. TVNewser NBC is shutting down with coverage moving to when that site relaunches next year, TVNewser has also learned. A source tells us three positions will be eliminated, but those staffers may be offered positions in other parts of NBC.

Judge Orders Philadelphia Inquirer Editor Reinstated (Philadelphia Inquirer)
A Philadelphia judge on Friday ordered the immediate reinstatement of Philadelphia Inquirer editor William K. Marimow, overturning a firing that exposed deep divisions among the newspaper’s owners and sparked an ugly public battle for control of its parent company. In a Friday afternoon ruling, Common Pleas Court judge Patricia A. McInerney declared that Marimow’s Oct. 7 firing violated the contract rights of Lewis Katz, one of two co-owners who opposed his dismissal. Bloomberg McInerney ruled after hearing arguments by lawyers for Inquirer owner Interstate General Media LLC, publisher Robert Hall and co-owner George Norcross that Marimow was properly fired for failing to make ordered changes to the newspaper. Norcross and his group will appeal McInerney’s order reinstating Marimow, who they characterized as a “lame-duck editor,” spokesman Daniel F. Fee said in an e-mailed statement. The camp that supports Marimow tells Romenesko: “There is no majority owner and this terminology is irrelevant with the management committee structure which gives Katz and Norcross blocking rights of any decision. They are using this device to gain leverage in the public’s mind but it is completely inaccurate.”