Categories: OLD Media Moves

Bloomberg puts CNBC in awkward position over conference coverage

The Sohn Investment Conference is now teaming up with Bloomberg Link, Bloomberg’s conference business, to produce its annual investment conference, leaving rivals such as CNBC with some tough decisions to make about how to proceed with coverage, reports Linette Lopez of Business Insider.

Lopez writes, “Every journalist covers Sohn — CNBC, Bloomberg, Reuters, you name it — and everyone is looking for some way to stand out and dominate coverage. You want to be the fastest, the most comprehensive, the smartest.

“Since Sohn had never been associated with any news organization, the whole field was wide open for anyone to win it.

“That’s why it’s interesting that Bloomberg got this gig. It’s no secret that CNBC has an ‘us-first-or-not-at-all’ policy about TV guests and events.

“And in the 20 years that The Sohn Foundation has been throwing these conferences, they’ve has never partnered with anyone — especially not a company with a business news arm — until now.

“Bottom line, there’s no way that this isn’t getting some serious thought inside CNBC headquarters.”

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.

Recent Posts

CNBC taps Sullivan as “Power Lunch” co-anchor

CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…

10 hours ago

Business Insider hires Brooks as standards editor

Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…

10 hours ago

Is this the end of CoinDesk as we know it?

Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…

1 day ago

LinkedIn finance editor Singh departs

Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…

2 days ago

Washington Post announces start of third newsroom

Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…

3 days ago

FT hires Moens to cover competition and tech in Brussels

The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…

3 days ago