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Gayle King to sign multimillion-dollar deal for a stay at CBS News

Morning talk show host Gayle King arrives at the Hollywood Film Awards in Hollywood, California November 14, 2014.
(Reuters)

Gayle King is ready to sign a new multimillion-dollar contract to stay at CBS News.

Insiders believe that King, who had a $5.5 million per year to go — much needed in wrestling “CBS this morning,” the news chiefs attempt to boost the show’s plunging ratings.

Meanwhile, all negotiations on the question of whether her co-host Norah O’donnell replaces Jeff Glor on “CBS Evening News” hold up King deal is signed, Page Six has learned.

GAYLE KING WANTS A ‘GEORGE STEPHANOPOLOUS MONEY’ TO STAY ON CBS THIS MORNING’

O’donnell wants to move the show to Washington, D. C., but we are told that: “Everything has gone very quiet. Nothing will be done until Gayle has signed the contract. It seems likely that they will continue — but we don’t know what the holdup is.” CBS News employees are on tenterhooks about the possibility of the “Evening News” HQ move to DC.

“Everybody is tense — they want to know what happens,” said an insider.

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King recently impressed with her much-acclaimed interview with R. Kelly. If she continues to, the King wants to know that CBS News president Susan Zirinsky will make “this morning” competition, friends say.

Asked if she’s staying, King told The Associated Press recently: “Ooh, that’s a good question. All I can say is that I really love my work. And I think it’s kind of foolish to predict the future.”

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