ABC News to cut half its domestic correspondents, close bricks-and-mortar bureaus [Updated]

Los Angeles Times ^ | February 26, 2010 | Matea Gold

[george76]

As part of the deep cuts announced this week at ABC News, the network plans to close all of its physical bureaus around the country except Washington and halve the number of its domestic correspondents.

ABC News President David Westin confirmed in an interview Friday that the network's ranks of bureau correspondents, which currently number several dozen, would be cut in half and be replaced with "digital" journalists who would be expected to shoot and edit their own stories.

Although the network will keep a minimal staff presence in Atlanta, Chicago, Dallas, Los Angeles, Miami and Boston, it will shut down its bricks-and-mortar bureaus there and ask its remaining employees to work from the local affiliates. The Washington bureau will remain open, but its size will be substantially reduced.

The mood was grim in Los Angeles, the largest bureau outside of Washington. The 40-plus staffers were told this week that only a few producers would remain and only two correspondents would be assigned to cover the West, down from a total of six

[SmokingJoe]

Repeat after me. IT SAYS “PROFITS”.
Get it?
So much for your idiotic talk about me not understanding the “difference between revenue and profit”
The real question here, have you even read the earnings statement of any S & P 500 company before, let alone actually understood it?

[Jack Hydrazine]

I think what would be really funny is when ABC gets to the point of almost complete irrelevance and price Rush buys them out and renames it as

America Broadcasting to Conservatives.

[Walkingfeather]

So you are saying that reporting on craigs list abuses would have saved traditional media? Classified adds were dying before craigslist became big. Don’t understand you reasoning.

[Taxman]

HOO RAY!

Shuter down, LeRoy! She’s sucking mud!

[namvolunteer]

Saved? No, I agree with Breitbart: It’s not their business model that sucks, they suck.

But I think they could have lessened the impact and you are right about classified declining before Craigslist appeared.

All I’m saying is they could have used their power to repeat over and over and over again that Craigslist is a place where dirty, untrustworthy people go to screw over others.

[Walkingfeather]

Again. There seems to be a history with you and craigs list. Dont know what it is and I dont think I want to. I have had many successful transactions... (none of them an exchange of roses for any bodily contact BTW. ) Craigs list is like a city.... there are some places that are safe to go and others that are less safe. Choose wisely.

[namvolunteer]

Nope. No history but go ahead, enjoy your walks on the Internet version of MLK Blvd.