Categories: OLD Media Moves

CBC ending “On the Money” show

The Canadian Broadcasting Corp. is ending its “On the Money” show in the afternoons due to budgeting constraints, reports The Canadian Press.

The Press reports, “CBC News general manager Jennifer McGuire said in a note to staff Wednesday that investments such as enhancing the digital presence of ‘The National’ and expanded podcasting has created pressure in its operational budgets.

“She says that along with cancelling ‘On The Money,’ CBC has in recent months found savings through discretionary spending, the closing of an international bureau, changes to workflow and technology, and largely attrition-based job cuts.

“McGuire says that while CBC has had a daily business program on its all-news channel lineup since its launch in 1989, the loss of the program doesn’t mean a move away from deep business coverage.”

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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.