Categories: OLD Media Moves

Does CNBC have a problem?

Marketwatch.com media columnist Jon Friedman writes Wednesday about the talent drain that has occurred recently at CNBC.

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?”

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.