Thursday, October 19, 2006
One Step Forward, Three Steps Back At NBC News As Jeff Zucker & Co. Slash Away At The Peacock
If you're a fan of hard news, you had to be cheered recently when NBC opened up a Beirut bureau around the time when Israel and Hezbollah squared off.
Then came word last week that the network was opening -- actually reopening -- a bureau in Bangkok, to supplement its efforts in Asia.
Since the broadcast networks foreign efforts had become rather dessicated over the last two decades, this was a most welcome reversal of fortune.
We'll see how long it lasts, after NBC big cheese Jeff Zucker (above) announced the network was cutting 700 jobs company-wide, including its 11 news divisions.
The cuts are no surprise to NBC insiders, who just have to look at the ratings numbers to know something would eventually be up.
While the Hollywood Reporter says Telemundo and NBC News Channel will be among those hardest hit, no show will be immune, if layoffs at other networks are a guide. And that includes on-air talent, according to the AP.
Fasten your seatbelts.
Read NBC's official announcement here: