Monday, December 01, 2008

New York Times: Local news anchors cut to save money

Veteran television news anchors, long the face presented by local TV to its viewers, are losing their jobs as station owners look for ways to cut costs, according to an article in today's New York Times:

Across the country, longtime local TV anchors are a dying breed. Facing an economic slump and a severe advertising downturn, many stations have cut costs drastically in the last year, and veteran anchors, with their expensive contracts, seem to be shouldering a disproportionate share of the cutbacks. When station managers are forced to make cuts, hefty anchor salaries are a tempting target.

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