Does CNBC have a problem?
Friedman writes, “Perhaps this revolving door is simply the price an organization pays for enjoying sustained success. Its foes invariably cherry-pick its talented journalists in the hope of spreading around some of that CNBC gold dust.
“Most recently among the former CNBC stalwarts, Melissa Francis and Trish Regan joined, respectively, the Fox Business Network and Bloomberg Television. (Fox, like The Wall Street Journal, is owned by MarketWatch’s parent, News Corp.).
“Plus, Erin Burnett, Liz Claman, Margaret Brennan, Dylan Ratigan, Charles Gasparino, Rebecca Jarvis and Dennis Kneale, among others, have also comprised a virtual who’s who of well known former CNBC journalists that found new professional homes.
“Is this a development that CNBC needs to worry about? Or is it a case of the topsy-turvy world of TV news, as organizations woo journalists amid a never-ending quest to strengthen brand names?”
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