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ABC chief quits amid ratings drought

Wednesday May 01, 2002

LOS ANGELES — Steve Bornstein, president of the ABC television network, resigned Tuesday. 

The announcement was made by Robert Iger, president of The Walt Disney Co., which owns ABC. 

Bornstein is leaving the network “to pursue other interests,” according to a statement that Disney released. 

“I have had the good fortune of having some very challenging and rewarding positions with ESPN, ABC and The Walt Disney Company,” Bornstein said in the statement. “There are other interests I wish to pursue and now is an appropriate time to do this.” 

ABC has been struggling in the ratings race and trails rivals CBS and NBC.