OLD Media Moves

A look behind the new CNBC set at the NYSE

February 15, 2012

Posted by Chris Roush

Tom Butts of TVTechnology.com writes about the new CNBC set on the floor of the New York Stock Exchange.

Butts writes, “‘This the next step in our evolution,’ said Steve Fastook, vice president of technical operations for CNBC in Englewood, NJ. The new stage ‘puts us smack dab into the middle of the trading floor. You can’t get closer to the action than that.’

“The project has been on Fastook’s wish list for years as the network has steadily increased its trading floor presence, but became more of a reality when the NYSE moved ahead on a multi-year renovation of the trading floor.

“‘The NYSE has made a major effort to further modernize the floor,’ he said. ‘They’re rebuilding the posts one at a time, taking out old wooden trading posts and putting in high-tech flat screens and other display technology, nice finishes and glass surfaces. But they’re upgrading the floor while keeping in mind the traditional feel of the environment.’

“Capturing that ambience is a critical element of CNBC’s reporting. In a traditional studio, silence is golden, however Fastook is enthusiastic about mixing CNBC’s coverage with the floor noise. ‘We like and celebrate the fact that we are live on the floor. We live in the environment,’ he said.”

Read more here.

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