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Article: Sawyer stays with ABC. (news broadcaster Diane Sawyer signs with American Broadcasting Companies Inc.) (Brief Article)
- Article from:
- Broadcasting & Cable
- Article date:
- February 21, 1994
- Author:
CopyrightCOPYRIGHT 1994 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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$7 million Fox bid effectively matched, say sources; NBC and CBS also made strong pitches for veteran anchor
Call it the John Madden syndrome. All four broadcast networks spent the last month in hot pursuit of ABC News star Diane Sawyer, and once again Fox put up a budget-busting offer of $7 million annually for her services.
But this time, the incumbent won. Sawyer decided to re-up with ABC for a sum sources confirmed was close to $6 million a year for the next five years. Representing Sawyer in the negotiations was Richard Liebner, who with his wife, Carole Cooper, runs the New York-based talent agency N.S. Bienstock.
Liebner refused to ...