Categories: OLD Media Moves

Biz news networks drop Faber after racist comments

All three business news networks have dropped newsletter publisher Marc Faber from future appearances after he made racist comments in a recent publication, reports Matthew Zeitlin of BuzzFeed.

Zeitlin reports, “Following backlash on social media, a CNBC spokesperson told BuzzFeed News that it had no business relationship with Faber and, ‘we do not intend to book him in the future.’ Faber had appeared on all three major business news networks, but was most well known for his frequent appearances on CNBC.

“‘Faber has not appeared on the network often, and will not be on in the future,’ a Fox Business Network spokesperson said.

“‘He hasn’t been on our air since June 2016 and we don’t intend to book him in the future,’ Bloomberg TV spokesperson Ty Trippet told BuzzFeed News.

“People took to Twitter on Tuesday calling on CNBC to keep Faber off its shows.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.