Word: networking
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Dates: during 1980-1989
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Caption: TUNING IN % of viewing audience who watch network news...
When Henry Morton Stanley went to Africa to find Dr. Livingstone for the New York Herald, he may have carried no more than a note pad and a few supplies. In the electronic age, reporters backpack a heavier load. A network correspondent must lead a safari of a producer and camera and sound technicians. Each network spends up to $10 million a year to maintain Washington offices, but even the smallest bureau can run up a $500,000 annual tab. CBS spends nearly as much on Diane Sawyer's $1.2 million contract as on the three bureaus it will...
Howard Stringer now must keep the network from losing in a limp. "This is a tough and tragic time for us," says the CBS News president. His tough job is to reverse the trend in soaring budgets, sparked a decade ago at all three networks by the lure of high-tech equipment and ABC News President Roone Arledge's U.S.F.L.-style raids on the competition. Sending the A team to sites of big stories is another hefty item; a weekend in Reykjavik cost each network around $1 million. And in the days of affluence, says a former CBS executive...
...Each network allots about a third to half its news budget for wages. Rather reportedly makes about $2.5 million, Tom Brokaw $1.8 million and Peter Jennings a relatively paltry $900,000. The average annual salary for an experienced network correspondent is $150,000; at CBS the pay ranges from $90,000 to $600,000. A typical camera person pulls in about $43,000 before overtime. Junior producers, who accompany the reporter and help set up interviews and research the piece, earn between $45,000 and $75,000. Senior network producers, who also help write and edit stories, make from...
...certain point begins launching SDI components into space -- in the version proposed by Secretary of Defense Caspar Weinberger, for example ((Weinberger eight weeks ago called for early deployment of a preliminary SDI, including some space-based components)). Weinberger's project envisions the development of a network of space stations over several years, each armed with several dozen antimissile missiles to destroy Soviet ICBMs in the boost phase of their trajectory. In addition, a network of sensors, reconnaissance and battle-management stations would be created. The purported danger of this system is that it would not be effective against the currently...