The Sunday Telegraph has apologised to Karl Stefanovic after he launched legal action, following an article which speculated about him taking a salary cut to return to hosting Today.
On 10 November 2019, The Sunday Telegraph published two articles about Nine’s Today Show host Karl Stefanovic.
The articles included the claim that Nine intended to penalise Mr Stefanovic $1 million for breaching the standards expected of him. We accept that this figure is incorrect.
Mr Stefanovic still has a year to run on his current contract with Nine and its terms remain unaltered.
We apologise to Mr Stefanovic for any hurt and embarrassment caused by the publication of these articles.
Mr Stefanovic has agreed to discontinue his defamation proceedings in the Federal Court of Australia on terms confidential between the parties.
The move signals Stefanovic is prepared to take action over incorrect articles, ahead of his return to screens.
Earlier this month the Daily Telegraph apologised to John Jarratt after he also launched legal action. The action was dropped thereafter.
Both apologies were published on page 90 of print editions.