Wanted: Executive Who Can Reinvent Old Business for Digital Age, Keep Costs Down — And, Oh Yes, Run Global News Coverage

Sep 8, 2010  •  Post A Comment

With David Westin stepping down as the president of ABC News, the challenges facing network news came into the spotlight this week,reports the Los Angeles Times’ Company Town blog.

The next president of the division won’t just be deciding who will anchor the news, but whether there’s an audience worth pursuing, the story says. Ratings and revenues are down, and audiences are growing older.

"There are a lot of legacy brands that are going to have to shrink … this is not just the tribulations of ABC News or broadcast television, this is journalism and the transformation the Internet has wrought," says industry consultant Andrew Tyndall.

Westin is leaving as he had grown tired of constant pressure to cut costs, and his relationships with Walt Disney Co. Chief Executive Robert Iger and Anne Sweeney, president of the Disney/ABC Television Group, had grown tense, the article says. Sweeney declined to comment and a Walt Disney spokeswoman didn’t return a call seeking comment, the article notes.

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