Scott Cohn, a senior correspondent and lead investigative reporter at CNBC, is celebrating 25 years with the business news network.
Danny LoPriore of the Greenburgh Daily Voice writes, “With cable networks already established to compete with ‘free’ television, Cohn said he could foresee today’s era of 24/7 news when the network hit the air in April 1989.
“‘NBC Chairman Bob Wright knew the days of a single network with just a morning and evening newscast were over,’ Cohn said. ‘CNBC was NBC’s first big step out of the old network model, and the rest of the industry would soon follow. But it was already clear in ’89 that 24-hour news was coming.’
“Cohn said social media has multiplied all media and was not as predictable.
“‘The World Wide Web was still a couple years away, personal computers were still few and far between, and cell phones were still the size of bricks,’ he said. ‘It is hard to fathom now, but 1989 technologically seems like the Dark Ages.'”
Read more here.
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