First on TVNewser: John Stossel, the longtime ABC News correspondent and
co-anchor of "20/20," is leaving ABC to join Fox News Channel and Fox
Business Network. TVNewser has learned Stossel will host a weekly, one-hour
program for the 2-year-old business channel. He's expected to signed a
multi-year deal with Fox which will include regular appearances on Fox News
Channel during daytime and primetime. He'll also host four, hour-long
specials on Fox News, much like the business/consumer specials he'd hosted
for years on ABC.

Stossel, a libertarian, has been appearing on Fox News for years as a guest
on shows including "The O'Reilly Factor," "Hannity & Colmes" and "The Big
Story."

Stossel joined "20/20" in 1981 and was upped to co-anchor in 2003. TVNewser
has learned there was a window in Stossel's ABC contract which allowed him
to jump to Fox.

Stossel's departure from ABC means there will soon be another anchor vacancy
at the network. Last week, Charlie Gibson announced his retirement paving
the way for Diane Sawyer to take over on "World News" beginning in January.
"20/20's" other co-anchor Elizabeth Vargas, is one of the top names being
mentioned for the GMA slot.

At Fox, Stossel will join another ABC alum, Chris Wallace who made the jump
from broadcast TV to Fox in 2003. Last year, ABC News veteran producer
Michael Clemente joined Fox News as SVP of News. Clemente had worked as a
senior broadcast producer with Stossel on "20/20" during his 11 years at
ABC.

Perhaps FNC's most notable ABC hire is Brit Hume, who spent 23 years at ABC
News before joining Fox News when it launched. Hume stepped down from his
daily "Special Report" anchoring last year and now appears as an analyst on
the network.

OFFICIAL: Fox and ABC News statements after the jump. Roger Ailes: "John has
done meaningful and important work throughout his career. His thoughtful and
charismatic style has carved a unique niche in the world of television."

http://www.mediabistro.com/tvnewser/fnc/john_stossel_leaving_abc_for_fox_130
603.asp

Regards,

KGB

-----
Kevin G. Barkes
Email: kgbar...@yahoo.com
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