The cable network announced in a press release this morning that the well-liked Ron Insana will stop being an anchor and instead become a “senior analyst” at the business channel.
The release states, “Insana will offer daily commentary on the biggest economic and business news stories. He will appear on the network’s signature morning broadcast, ‘Squawk Box,’ once a month as well as on other CNBC programs.”
Apparently the move is part of Insana’s other ventures. The release notes that Insana is planning to start his own business and a subscription-based financial newsletter. Both will operate independently of CNBC.
Still, the move is just another in a series of shakeups at CNBC as it anticipates the competition from the upcoming Fox business channel scheduled to start operations later this year. The release did not state who would replace Insana on the ‘Street Signs’ program on CNBC.
The TVNewser blog had this to say about the move: “Insana’s departure from Street Signs ‘is the beginning of the ‘Squawk Box-ification’ of CNBC,’ an insider tells TVNewser.
“‘You’ll see more ensemble shows dayside and more CNBC in-house experts like David Faber and Insana and Dylan Ratigan and Joe Kernen and Jim Cramer and newcomer Erin Burnett all over the air at all times,’ the insider adds.
“So we’ll see more ‘pretty faces’ reading the stock prices, while experts explain what the stock prices mean? (Don’t get me wrong — Faber and Kernen and Cramer have pretty faces, too…)”
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beckie quick has the vocal presence and personality of a coal shovel!!! carl should be doing the cop blotter in detroit, and erin burnett should be selling used cars in cicero illinois, lets keep dumming it down at cnbc!!!!!!!
Leave Erin Burnett on. She is a beautiful site. Hugh Hefner should issue a month devoted to CNBC's hottie's e.g. Erin, Becky, and mama mia Maria.
Those old farts like Mark, Joe, Bob, Bill should be out of there. Really what can they say that we can believe anyway.
Although, I enjoy looking at the eye candy like Erin Burnett, Rebecca and Maria, I really miss the education provided by the technicians like John Bollinger and Kernen. Watching the various market interplay is a study of technical indicators. Those elements should be included in the information package provided within the show.
Can't believe you all still watch CNBC. Professionals...who hate the hype at CNBC...watch Bloomberg