Diane Sawyer stepping down from ‘World News’ for new venture

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NEW YORK (CNNMoney) — Diane Sawyer will step down from ABC’s flagship nightly newscast, “World News,” in August, ABC said Wednesday.

David Muir, the weekend “World News” anchor, will replace her starting September 2.

The announcement ends months of speculation about a transition at ABC’s anchor desk.

In a first-of-its-kind arrangement, Muir will not be the main anchor for big breaking news stories or elections — that spot will go to “Good Morning America” co-host George Stephanopoulos, who will have the title “chief anchor.”

“After wonderful years at ‘World News’ I decided it is time to move to a new full time role at ABC News,” Sawyer said in a statement.

“I can’t wait to continue bringing more of my specials to prime time and appearing on all ABC News broadcasts, as well,” she added. “And to my friends and colleagues George and David — congratulations. I look forward to exciting work together and great times ahead.”

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