[Update]: ABC News and GMA are leaving Time Square Studio

For the last 24 years, New York’s Time Square has been the home of both ABC News and Good Morning America.  But in a cost-cutting move by its owner, Disney, the established television network will be moving to a new location at the Walt Disney Studios headquarters in Lower Manhattan.

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The network issued a statement about the move:

“Good Morning America is defined by the strength of our team in front of and behind the camera, quality of our reporting, and the long, trusted relationship with our viewers,” an ABC News spokesperson told Cord Cutters News in a statement. “Moving all ABC News teams to our new state-of-the-art building was a strategic decision that will allow for more collaboration and innovation.”

ABC’s Good Morning America will continue to use its New York City location as a centerpiece for its core news and views.

The network plans on moving sometime in 2025.

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