One of the towering people in this industry said, why don't you go and make a five-year contract with somebody, make yourself several million dollars and put it away, then go and do whatever you want, work for public TV if you want.

But if you cover the World Series on the news or do a feature on an Ali boxing match then all of a sudden ears go up all over the place and people say what the hell are you doing. The reason for that is that we're doing something that people are really interested in.

I don't think any industry was ever as closely scrutinized and written about and constantly in the public eye as television.

One of the reasons why when Elvis dies or the Son of Sam is captured ABC News' ratings go up is because people who don't normally watch news are watching then. The question is, do you want to attract people who don't watch network news or fight over the people who do?

You can only make so much money in life and only enjoy so many creature comforts. The important thing is to do something meaningful-to leave something behind.

I want everybody in the news business to think of ABC before they go any place else. If it costs us an extra few thousand dollars to do that, what does it mean?

I don't think the news department will have to lie down and play dead like it has in the past. By and large the network has been understanding, but then so have I.