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Karl Stefanovic asked to take massive pay cut or face the axe amid mass bloodbath at Nine - as another popular presenter is 'groomed' for his job


Karl Stefanovic may be next on the chopping block at Nine as reports suggest executives have asked the popular presenter to take a massive pay cut.

They added: 'The big bosses would be looking at how seamlessly Matt [Shirvington] has fit in at Sunrise and thinking Todd could emulate that success with his athlete's work ethic and personable interview skills.' Nine owns some of Australia's biggest media platforms including Channel Nine, streaming service Stan, talkback radio stations 2GB and 3AW, The Sydney Morning Herald, The Age and the Australian Financial Review. According to insiders, Olympian Todd Woodbridge, 53, (pictured) is waiting in the wings to replace the TV host and willing to be paid half his salary, reported Woman's Day on Monday

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