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The program's name derives from the "20/20" measurement of visual acuity.
The hour-long program has been a staple on Friday evenings (currently airing at p.m.
Under Downs as host, 20/20 changed into a more standard yet unique newsmagazine and received kinder reviews from critics.
The program was originally launched as a summer replacement series; it was then presented on a once-a-month basis during the 1978–79 television season, before being given a regular weekly timeslot on Thursdays at p.m. Ratings were generally very good during the summer months during its eight years on Thursday nights despite competition from Knots Landing on CBS and Hill Street Blues on NBC.
The program expanded once again on March 2, 2013, with the debut of 20/20 Saturday, which mainly features rebroadcasts of archived stories from previous editions of 20/20 (mainly those dating back as early as 2008) in the same single topic format as the flagship Friday broadcasts.
20/20 Saturday airs outside of college football season, at either p.m.
The anchors on the premiere telecast of 20/20 were renowned Esquire magazine editor Harold Hayes, who also served as the program's senior producer, and famed Time art critic Robert Hughes.
On December 10, 2009, ABC News announced that Good Morning America news anchor Chris Cuomo was promoted to co-host 20/20 alongside Elizabeth Vargas.