Tani writes, “The moment typified what some critics and others view as a key formula to FBN’s success: Its embrace of the political red meat that tantalizes cable news viewers.
“FBN beat CNBC — the longtime television business news juggernaut — in total viewers for a week for the first time in September 2016, a milestone that it has repeated consistently for the past year. The network is profitable and has 17 times the number of advertisers it did when it launched a decade ago, and has won some key recent business news days, including on Snapchat IPO’s and when the Dow crossed recent milestones.
“FBN’s competitors privately acknowledge the network’s success in wooing a larger viewing audience. But critics, including more than a half-dozen former employees, suggest that the network has gotten there by deviating from its implied purpose.
“‘The question is, how much longer can you call it a business network?’ one former top-level employee asked, requesting anonymity to speak freely about working at FBN.”
Read more here.
Associated Press reporter Wayne Parry is joining The Press of Atlantic City to cover casinos. Parry has…
Washington Post climate and environment editor Zachary Goldfarb, deputy climate and environment editor Juliet Eilperin…
Reuters is seeking an energetic and experienced journalist to join our team in Buenos Aires…
Digiday senior reporter Alexander Lee is now covering media and entertainment. He will continue to report on…
Bloomberg News is looking for an editor to join the Americas economic data news team…
The Wall Street Journal has hired Meridith McGraw to cover the White House. McGraw is a…