The Observer reports:
“In addition to coping with the shock of the injuries” to Bob Woodruff and Doug Vogt, news executives at ABC “are contending with a recent round of budget cuts, brought on in part by a failure of many shows to meet ratings targets, according to multiple network sources.”
More: “In a series of budget meetings over the past several weeks, executives and senior producers for Good Morning America and Nightline, in particular, have been asked to make significant cutbacks, the sources said.
‘We’re always reviewing the budget, because we always face unexpected news events,’ said an ABC spokesperson. ‘Resources get shifted around to cover those and allow for increased investment in different areas.'”
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