CBS News president Eric Ober and CBS/Broadcast Group president Howard Stringer announced Wednesday that Ed Bradley, “60 Minutes” co-editor, will be staying with CBS News.
His contract is rumored to be a multiyear deal running through mid-1997.
His salary is reportedly close to $ 2 million.
Bradley was recently being romanced by ABC News, which reportedly was willing to pony up a large raise in order to purloin the 22-year veteran of CBS. Bradley , however, opted to continue his career with CBS News, where in addition to his work on “60 Minutes,” he has been the anchor of “Street Stories” and a key contributor to CBS News’ special events coverage.
“For 22 years, Ed Bradley has played an invaluable role at CBS News,” Ober said. “And we couldn’t be more pleased that he will continue to make significant contributions here in the years ahead. Recognizing the extraordinary importance of ’60 Minutes’ to our network, Ed has decided to concentrate solely on the broadcast, as well as on reporting major special events, such as conventions and elections.”
Bradley will not be returning to “Street Stories” after it finishes its summer run on Fridays at 9 p.m.. Since the program never had a proper development season and sprung from ’48 Hours” creator Andrew Heyward, CBS brass plan on taking some time to re-tool the show before it reappears in the first quarter of ’94.
Most likely, “Street Stories” will have a new format and a new title.