Another round of cutbacks pending at ABC

["Chris Beckwith" <beckwith@ime.net>]

In another sign of the grim TV advertising outlook, Daily Variety reports that
ABC plans eliminating $15-20 million from its News Division budget, part of it
coming from cutting loose an unspecified number of correspondents when their
contracts are up.  They're even planning to eliminate a camera from
three-camera shoots.  I'm sure CNN will cherry-pick non-renewed ABC talent for
their beefed-up investigative unit.

Take care,
Chris