Channel 8 did not renew Swails’ contract. In these days of big corporations owning most media outlets — and concerned more about the bottom line than their viewers, listeners or readers — it probably means Swails was earning too much money, and the new guy will work for a fraction of the Swails’ salary.
(Note: there are some corporations and independent owners, locally and nationally, who are doing media right because they care about their customers. But sadly I think they’re in the minority these days.)
Whether you are a fan of Terry Swails or not is not the point. I think it’s a shame to see anyone who is doing his or her job fired because of past poor corporate financial decisions or downright greed. I’ve been there.
I was “downsized” five times in 45 years of working, most recently in 2009 by Clear Channel, which many fellow, former employees call the “Evil Empire.” It’s not fair, and it’s not fun.