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[Cora-Ann Mihalik]'s being thrown overboard after seven years violates a basic rule of broadcasting. In baseball when the team is doing badly they fire the manager. In local TV news they fire the anchor, or in the case of Ernie Anastos at Ch. 2, the co-anchor.
Her replacement, Rosanna Scotto, has a contract guaranteeing that if she goes from weekend anchor to weekday anchor, she gets only an additional $20,000. Currently, sources say, she is making $125,000-$130,000, so by firing Cora-Ann, they immediately save between $150,000 and $350,000. The beauty part about hiring Rosanna now is that they know what it costs. They don't have to go to an agent and start dickering.
It's sad what they are doing to Cora-Ann. She worked 18 hours a day at Ch. 5, plus weekends, doing every public affairs gig, plus breakfasts, lunches, charity telethons, sitting on boards. She was the best goodwill ambassador Ch. 5 had. I can't count how many millions she helped raise for muscular dystrophy and the New York Hospital-Cornell Medical Center.