Katie Couric

Web anchor

When the news broke that Katie Couric was going to end her contract with ABC News and become "global anchor" for Yahoo beginning next year, the immediate reaction focused on whether it was a good move--for Couric. It was not exactly the career trajectory one might have imagined for her in the '90s: from the Today show to CBS Evening News to daytime talk show to a search engine's home page.

But more to the point, is it a good move for Yahoo? We don't know exactly what Couric, who already produces news videos for Yahoo, will be doing. We do...

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