ABC News, Chapter 3
Most recently in February 2010, ABC News was set to make one of the biggest announcements of its existence. They announced that hundreds of its loyal and trusted employees would be laid off thanks to a combination of budget cuts and the economic downturn. The announcement worked on the basis that around 25% of its staff would lose their jobs, with all news bureaus outside of their headquarters being closed.
More bad news was on its way, when Mimi Gurbst, the VP, announced his resignation. There were extremely mixed opinions on the resignation. Some of the staff at the time responded to the matter explaining that without Gurbst, the channel had a much more positive future. Others responded in the expected manner, saying he would be sorely missed and was an asset to ABC News as a whole.
Like any organization that is experiencing rapid growth, there is no reason to stunt that growth. ABC News felt like they had done what they needed to in America and simply had to maintain their status as one of the most popular, if not the most popular TV News broadcasting channel in America.
This eventually led to the company screening their news on a 24 hours basis and expanding outside of America. Nowadays their broadcasts can be found in Europe and even the Middle East thanks to news network, Orbit News.
Orbit News is a company that specializes in offering top US news elsewhere in the world. This meant that it had a collective agreement with the likes of ABC, NBC, PBS, and MSNBC. Of course, a lot of the viewers were U.S. Expats. The only companies that can not offer the service to their customers is cable companies in Europe, as certain rights have been suspended for the time being.
That being said one country that enjoys the quality of ABC World News is the United Kingdom. This is broadcasted on BBC News, which is great for viewers as no advertisements are shown through the broadcast due to their licensing agreements with current clients.
ABC News, Chapter 1
ABC News, Chapter 2
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