CNBC purchases rights to “Nightly Business Report,” saves show

Chris Roush

Chris Roush is 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.

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15 Responses

  1. Ed says:

    Yet another sad example of the public’s interest begin supplanted by private interests.

    The worst is the name will probably be kept giving the appearance that NBR puts the public’s interest ahead of the interests of CMCSA shareholders and advertisers.

  2. Lynn Cee says:

    NBR and its new parent need to
    be brutally honest about why the show
    steadily lost viewers after Paul Kangas
    departed. Many loyal viewers,
    among the 300,000 remaining,
    have more than a clue about
    that decline.
    Looks like Susie Gharib has done
    a figure-8, in returning to CNBC.

    • indus says:

      Its a shame Tom Hudson is the one going. Susie is a headline grabber, and contributes little in terms of depth. I suspect the show will be reduced to all noise and no depth just like CNBC’s regular day time show.

      • Lynn Cee says:

        The former darling NBR is gone … apart from Susie Gharib’s returning to her previous employer CNBC
        as the co-talking-head. Franklin Templeton would
        never have pulled the plug on its high visibility
        sponsorship of NBR unless something were wrong
        … thus, a self-fulfilling conclusion of “creative destruction” after WPBT (PBS) Miami sold NBR to Mykalai Kontilai (real name: Michael Contile), an
        evidently checkered character who flip-sold NBR
        to his cronies at the newly formed Atilaya Capital.
        The irony in the NBR story just drips. And the fully
        disclosed story needs light, pronto, before the
        already jaded public loses even more faith in
        public broadcasting.

      • cuckG says:

        your are correct about both NBR and CNBC

      • Lisa Sheppard says:

        you are so correct! That woman can think of more obtuse ways to ask the same nothing question. It’s really surprising none of her interviewees were ever charged with assault!

      • Your prediction proved prescient, inus. All noise, and worse than no depth, NBR is no longer useful or even entertaining. Its no longer fit for public television, or the public it once served.

  3. Lynn Cee says:

    When a private equity firm buys
    a financial news show (in a quiet deal**)
    aired on PBS … a sinking feeling comes
    over longtime loyal viewer-members
    as to the future of the show (no pun
    intended) and the obvious,
    inherent conflicts of interest.
    If this NBR news isn’t ironic, what is?
    Perhaps the astonishingly banal Lou
    Heckler has been thinking about that.
    (A few of latest fixture-commentators
    were another bad sign that the end
    of NBR as we knew it was nigh.)
    ** Story there.

  4. R. Saha says:

    NBR format should be changed and Susie Gharib must be replaced. Is it necessary for her to follow Buffett whenever she can? She does not ask hard questions of substance. Why does she repeatedly interview Alcoa and CISCO ‘s chairman after quarterly earning announcement? Does not ask why they missed earning estimates? Ridiculous. Susie must go.

  5. ChuckG says:

    The sudden change at NBR reminds me of another PBS business show, Wall Street Week, with Louis Rukeyser. After the change, the program fell apart.

  6. Lisa Sheppard says:

    “saved the show”….. FOR WHAT! In little more than a week, they have decimated the program and changed everything but the name, and Silly Susie! They’ve replaced interviews with real entrepreneurs and business and investment leaders with network journalists and tired politicians! Forget about ever again hearing anything but the “party line” on any topic!

  1. February 21, 2013

    […] Warren Debut (Credit Slips) • NBC purchases rights to “Nightly Business Report,” saves show (Talking Biz News) • Within a decade solar will be cheaper than coal. Within 2 decades, cheaper than gas (Atlantic) […]

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