Signs of the Times at ABC
Layoffs at The New York Times and other papers are getting attention, and movies says this piece I found thanks to fellow Rebuilding Media poster Bob Cauthorn, says movies, too, are in trouble.
On the Media this week interviewed a former ABC News colleague, Richard Gizbert, about his accusations that he was fired there as a refusal to go to war for the network. This, too, at least as OTM sets it up, shows the times are tough for broadcast networks as well. In other words, it’s not just pontificating. The effects of diminished audience and competition are real. Even if the network — and I say this while fearing it is crass — no longer has to pay millions for Peter Jennings’ salary. That Tom and Dan left their networks, and weren’t replaced by such paycheck-heavy talent, also may be a sign of the need to save money.