Categories: OLD Media Moves

Why Gasparino left CNBC

Joe Weisenthal of The Business Insider reports Tuesday about the talk at business news network CNBC as to why reporter Charles Gasparino left. It was announced Tuesday that he had signed a dela with Fox Business Network.

Weisenthal writes, “In particular, the fact that Gasparino left CNBC without an official deal with a rival network being announced is taken as evidence that Gasparino might not have left willingly.

“That is decidedly a minority view, however. Two people we spoke with said that they think Gasparino might have been dissatisfied with his contractual arrangements with CNBC.

“‘Charlie felt like he was over-producing during the crisis. He felt like there could have been better recognition of his role,’ a person familiar with the matter said. ‘He signed his contract before the crisis. He was like a pitcher who signs up then throws a bunch of no-hitters. He wanted a better deal.’

“‘He wanted to do his book thing,’ another person said. Gasparino is reportedly working on a new book. His last, The Sellout, made it on to the New York Times bestseller list.”

Read more here. Talking Biz News hears that his departure from CNBC was a mutual agreement, although his contract had not expired.

View Comments

  • Why is anyone surprised at this? He's more of a populist firebrand better suited to Fox, and I'm sure they're paying him well. NBC-- in any of its broadcast incarnations-- can't find its way out of paper bag these days. Fox wants the business network to succeed and is ready to carve out a home for a good journalist better suited to its world. This is as shocking as 2+2 equalling 4.

Recent Posts

NPR seeks a tech reporter in San Francisco

NPR seeks a Technology Reporter who will focus on how the tech industry shapes our lives…

13 hours ago

SABEW starts retiree membership, benefits

The Society for Advancing Business Editing and Writing has launched a retiree membership. A retiree…

14 hours ago

How the FT connects with consumers

Tim Healy of The Drum interviewed Fiona Spooner, the managing director of consumer revenue at…

14 hours ago

SpaceNews hires Gruss as chief content and strategy officer

Mike Gruss, the former editor in chief of Defense News, has been hired as chief…

20 hours ago

Marfil among the WSJ layoffs in DC

Jude Marfil, newsroom operations manager for The Wall Street Journal in its Washington office, was…

1 day ago

Greene departing Cointelegraph

Tristan Greene, deputy U.S. news editor at cryptocurrency news site CoinTelegraph, is leaving next month…

1 day ago