By Angela Connor | November 14th, 2008
There was no shortage of blogs predicitng the loss of revenue that would plague local TV stations after the election, largely because political ads were keeping them afloat.
Well, there’s a major cost saving measure underway between Fox and NBC that will allow both to eliminate fewer jobs by pooling resources.
It’s a new video sharing arrangement or “news service” that will make video of non-enterprise stories available to interested local media outlets in each market, including TV and radio, newspapers and digital.
I’ve worked in local TV news in Cleveland, Tampa, West Palm Beach and Ft. Lauderdale and the competition is fierce. I’m sure it will seem a bit odd sharing video, particualrly on breaking news. I’ll be watching to see how it all works out.