Henry confirmed on NZ's 3News on Saturday he will be paid more than $NZ1 million ($A767,813) to be a host on Network Ten's breakfast show being launched next year.
Ten's interim chief executive Lachlan Murdoch called to offer him the job, he said.
Henry will host the show alongside a female and a male co-presenter.
He will stop his Radio Live show in March, instead becoming the station's Australian correspondent.
He will also continue to work for TV3, filming his new Sunday night show in Sydney.
Henry resigned from TVNZ's Breakfast last year after public outrage over on-air comments former governor-general Sir Anand Satyanand and Delhi Chief Minister Sheila Dikshit.
Henry had targeted Satyanand's ethnicity, asking whether the official, who was born in Auckland to Indo-Fijian parents, was a proper New Zealander.
And he made headlines around the world in October 2010 when he referred to Dikshit as "dick ****" and "dip ****" during an item about the Delhi Commonwealth Games, which were marred by corruption and inefficiencies.
