News Units at ABC and CBS Try to Navigate Uncertain Times – NYTimes.com

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Network News at a Crossroads

As ABC News prepares to cut hundreds of jobs and with news available more places than ever, the future for network news divisions is deeply insecure.

Link: http://www.nytimes.com/2010/03/01/business/media/01network.html?partner=rss&emc=rss

“I just looked out at the next five years and was concerned that we could not sustain doing what we were doing,” said David Westin, the president of ABC News, as he explained the decision last week to jettison up to 400 staff members, a quarter of the news staff, in the coming months.

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