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CNBC

CNBC Kicks Off 25th Anniversary Celebration

CNBC 25CNBC kicks off its 25th anniversary celebration today by announcing its nominees for “CNBC First 25,” a list of people who have had the greatest influence in business since the network launched in 1989.

The network announced a list of 200 nominees today, compiled by CNBC’s top editors with the help of an outside advisory board. Viewers can vote on which nominees will make it to the final list of 25 people.

Tyler Mathisen will report on the network’s anniversary and the list of nominees throughout the day today on CNBC. The final list will be revealed in April, the month that the network celebrates its actual anniversary.

Business Networks Live From Davos

business networks davos

The World Economic Forum annual meeting is underway in Switzerland, and all three business networks have correspondents in Davos for the week.

Liz Claman is in Davos for FBN. Claman will interview several executives, including the CEOs of Aetna, NASDAQ, Citigroup and Coca-Cola. Also in Davos this week: Maria Bartiromo, who is expected to join FBN next month. Bartiromo will moderate a panel discussion Thursday.

Bloomberg TV has several correspondents at the forum: Francine Lacqua, Tom Keene, Erik Schatzker, Stephanie Ruhle and Hans Nichols.

Andrew Ross Sorkin is in Davos for CNBC. Becky Quick and Joe Kernen will join him tomorrow and the three will host “Squawk Box” live from Switzerland this week.

‘Shark Tank’ Reruns Deliver CNBC’s Best Primetime Since 2008

cnbc shark tankAfter months of tinkering with different programming and entertainment shows, CNBC may have finally found the solution to boosting its primetime ratings: airing re-runs of a popular reality show.

With “Shark Tank” Tuesday night, the network delivered its best primetime audience since 2008 in total viewers and since 2010 in A25-54 viewers. CNBC recently acquired the off-network cable rights to the hit ABC show and aired four episodes from 8pm-Midnight Tuesday.

CNBC averaged 596,000 total viewers and 299,000 A25-54 viewers from 8 to 11pmET (see how the other cable news networks did on Tuesday’s scoreboard). The 9pmET hour posted the highest numbers, tallying 685,000 total viewers and 365,000 A25-54 viewers, the most watched CNBC telecast in more than three years.

“Shark Tank,” which will air as a four-hour block Tuesday nights, features Lori Greiner, who talked about her role on the show with MediabistroTV:

CNBC Apologizes For Airing Song With Offensive Lyrics

CNBC’s Kelly Evans apologized to viewers yesterday after a song that included the N-word aired during a tease. “We accidentally aired a piece of music this hour during a tease with inappropriate lyrics. That obviously should not have been on the air, and we deeply apologize for that and for any offense it may have caused,” Evans said. Watch:

CNBC’s ‘American Greed’ Leads to Fugitive Capture

cnbc american greedThe FBI has captured one of its most-wanted white collar criminals thanks to a recent episode of CNBC’s “American Greed.”

David Kaup, who has been on the run since he confessed to defrauding more than 50 families of $11 million in mortgage refinance scams, was arrested last week in Las Vegas. Kaup was featured on the November 14 episode of “American Greed.”

“We got a tip from somebody that saw the show,” James Bowman, assistant U.S. attorney for California’s central district, told CNBC. “They let us know he was in Las Vegas and using a different name. Based on that, we were able to figure out where he was.”

Why Biz Network Ratings Continue to Slide

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The Wall Street Journal takes stock of the three TV business networks and sees that their fortunes are sagging.

In the third quarter, CNBC, the dominant business-news channel, hit a 20-year low in its target demographic of adults 25 to 54 years old. (CNBC’s gross advertising revenue is down 4% to $251.6 million since last year, according to SNL Kagan.) Six-year-old Fox Business Network remains on a long-term growth trajectory, but its average total daytime audience has declined from last year — to 58,000 from 71,000 — and has fallen short of some media buyers’ expectations. Bloomberg LP, meanwhile, is rethinking the business model of its TV channel, having failed to turn a profit or draw more than 10% of the audience for TV business news despite being on the air for nearly two decades.

Why is this happening? Reporters Keach Hagey and William Launder write that, beyond online and streaming competition, “business television has faced the added challenge that individual investors are fleeing the stock market as an increasing amount of trading is done by institutional investors and algorithms.”

“I think there are all sorts of places you can get stock prices,” said Kevin Magee, the executive vice president of Fox Business Network. “Aside from that, there is general unhappiness with the economy these days, and it isn’t always fun to watch news that’s bad.”

Other highlights from the article…

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The Biz Ticker: Brennan, Survey Says, Bloomberg

  • Morgan Brennan joins CNBC as a general assignment reporter. Brennan comes from Forbes Media where she was a staff writer and reporter Forbes Magazine, ForbesLife and Forbes.com. She also worked as an anchor/reporter/producer for the Forbes Video Network.

  • In a Business Insider survey about financial news, Bloomberg TV beat out CNBC and Fox Business as the preferred channel among those polled. Bloomberg TV also has the preferred morning show, preferred closing bell show and best anchors.

  • The New York Times has a meaty A1 story all about Bloomberg News amid staffing cuts, new news initiatives and its place in the Bloomberg business empire.

Maria Bartiromo Signs Off: ‘After 20+ Amazing Years I Will Be Moving on to My Next Chapter’

Maria BartiromoIt was a record finish for Maria Bartiromo at CNBC. On a day the DJIA and S&P 500 hit new heights, Bartiromo said so long to CNBC.

“I won’t give you a long and mushy goodbye especially since I’ve been getting choked up all day,” Bartiromo said at the end of “Closing Bell.” “But I still must extend my love and thank you to many, as this is my last broadcast on CNBC.”

“Thank you to all of the early building blocks, Bob Wright, Tom Rogers, Jack Welch among others. Thank you Mark Hoffman, I wish you and your team success.”

Bartiromo has anchored “Closing Bell” for the last 11 years, but first gained fame as the “Money Honey” while reporting from the floor of the NYSE.

“I have been incredibly privileged to hold this seat the last two decades,” she said. “While I feel like CNBC is one family, my other family is on the floor of the New York Stock Exchange.”

Though it hasn’t been officially announced, Bartiromo is moving to Fox Business Network where she will anchor a daily show for FBN as well as a Sunday morning show for Fox News.

Business Insider breaks down the “why” behind Bartiromo’s departure, which was first reported by the Drudge Report on Monday. It came down to three things: money, visibility and opportunity.

Kelly Evans will join Bill Griffeth starting Monday on the 3pm hour of “Closing Bell,” then Evans will go on to anchor the 4pm hour with an ensemble of other CNBC reporters on an interim basis.

Bartiromo’s final “On the Money,” the syndicated show which was known as “Wall Street Journal Report” until CNBC’s deal with WSJ ended, airs this weekend. Becky Quick will take over that show but CNBC will likely work in other hosts as well.

Bartiromo’s full goodbye, after the jump…

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During Her Final CNBC Show, Maria Bartiromo Gets Heartfelt Goodbyes From Colleagues

mariabartiromo1This is Maria Bartiromo‘s final day at CNBC. She’s mid-way through hosting “Closing Bell” and has already taped her syndicated weekend show “On the Money.” Though it hasn’t been announced yet, Bartiromo will be joining Fox Business Network and Fox News Channel.

During today’s “Closing Bell,” Bartiromo is getting some well-wishes from her colleagues:

From Sharon Epperson: “Maria, I have to say in addition to all the contributions you’ve made to CNBC, I will most remember everything you’ve done to improve financial literacy for all ages, for everybody, outside of CNBC on your own time. I know you’ll continue to do and I really have to say, it’s been such a pleasure to work with you.”

Bertha Coombs: “I just want to say, it has been a privilege and a pleasure to be your colleague.”

Courtney Reagan: “Maria, good luck and we’ll miss you.”

Kayla Tausche: “Maria, back to you for the last time, and best wishes.”

Maria Bartiromo Just the Latest CNBC Talent to Jump to FBN

maria bartiromo_304x200For Maria Bartiromo, 20 years at CNBC was enough. We don’t know yet where on Fox Business she will be anchoring, but we do know the move, announced earlier today, will re-unite her with many of her former CNBC colleagues, including:

Liz Claman joined FBN just after it launched in Oct. 2007.

Charlie Gasparino joined in Feb. 2010

Dennis Kneale followed 8 months later.

Melissa Francis made the move in June 2012

Neil Cavuto worked for CNBC in the 1990s, and joined Roger Ailes at the launch of Fox News Channel in 1996. Since the launch of FBN in 2007, Cavuto has anchored a show on each of the networks.

Bartiromo’s EP at CNBC, Gary Schreier, made the move the other way. One of the founding producers of FBN, having also worked at Fox News, Schreir jumped to CNBC last year.

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