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John Stossel leaving ABC, headed to Fox News

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By Doug Powers  •  September 10, 2009 09:41 PM

One of my favorite reporters is making a move.

From Media Bistro:

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.

My own wild speculation is that ABC wasn’t too upset about losing Stossel because his pro-truth bias was threatening to cloud the objectivity of incoming World News Tonight anchor Diane Sawyer.

The prospect of putting some sort of Beck/Stossel combination into primetime (possibly in the same hour) must be almost irresistable to the Fox folks at this point. Problem is, who would they shove around to make room?

Update: Having his special on health care yanked in favor of Michael Jackson coverage sure didn’t make Stossel’s decision on whether or not to stay at ABC more difficult, that’s for sure.

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