Reports have surfaced that WSB-TV/Atlanta may be laying people off and making budget cutbacks. WSB-TV is owned by privately held Cox Enterprises, and has been lavishly spending money to send their anchors and reporters to all four corners of the world. (WSB Radio is under the publicly traded Cox Radio umbrella - they made a bunch of layoffs yesterday).
Privately-held owners like Cox (WSB-TV, WHIO-TV, KTVU, etc...) and Capital Broadcasting (WRAL-TV) have been immune from the pressures of the publicly-traded station owners to make cuts (why WRAL made an investment in HD in 2001). It looks like the TV advertising environment is worse than anyone thought for stations like WSB-TV to be making cuts.
Has any other station (private or public) made any announcements yet?
Privately-held owners like Cox (WSB-TV, WHIO-TV, KTVU, etc...) and Capital Broadcasting (WRAL-TV) have been immune from the pressures of the publicly-traded station owners to make cuts (why WRAL made an investment in HD in 2001). It looks like the TV advertising environment is worse than anyone thought for stations like WSB-TV to be making cuts.
Has any other station (private or public) made any announcements yet?