Change is afoot at CNBC. We hear the cable network is cutting its two-hour “Power Lunch” show in half and will devote the leftover hour to a new show, “Strategy Session,” hosted by David Faber, and an expanded version of “Fast Money Halftime Report,” from 15 minutes to 30.
Faber’s filling of the Noon-12:30pmET slot would be his third go-round as an anchor on the business channel. The last two shows were met with little success. Faber hosted a program, “Bull Session,” from 6-7 PM. He also anchored the short-lived primetime magazine, “Business Nation.”
TVNewser hears Faber recently signed a new deal with CNBC, after being courted by a joint contract with Bloomberg and ABC News, so perhaps anchoring is one part of the new deal.