Good Morning America news anchor George Stephanopoulos has signed a new long-term deal with the network.
While the terms of his new contract, including length and pay, have not been revealed, GMA spokeswoman Heather Riley says that ABC expects him to remain with the network for many years to come.
"We expect him to remain with us for many, many years," Riley said. "This represents what he wanted -- he is committed to GMA and This Week, and understands the power of those platforms. We are thrilled that the team is locked in and that the deal was done so quickly and with such goodwill from all sides."
Stephanopoulos also serves as the host of the Sunday morning talk show This Week. Under his new deal, he will remain the host of this show as well.
— Ginger Zee (@Ginger_Zee) April 24, 2014
"George is vital to the success of the news division and will continue to be a leader here at ABC News. We are united as a team and over the past few months we have not missed a beat -- in fact our audience has only grown," she continued.
The news of Stephanopoulos' renewal comes not long after the network said goodbye to weatherman Sam Champion and co-host Josh Elliott.
— Amy Robach(@arobach) April 24, 2014
TV news industry insiders speculate that Stephanopoulos' contract is for five years, and a salary somewhere in the $9 million range. His current contract was up in six months and he was currently receiving a salary of approximately $6 million.
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