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Posts Tagged ‘CNBC’

Fox News, CNN, CNBC Among Most Valuable Cable Networks

The Daily Beast’s Peter Lauria writes about the 25 most valuable cable networks, and three news channels made the list. Data for the story came from SNL Kagan.

The top ranked news network on the list was Fox News Channel, which Lauria says is the fourth most valuable channel in cable, behind only ESPN, Nickelodeon and TNT. 2010 revenues are estimated to be $1.5 billion, with the network worth an estimated $11.4 billion.

CNN is 12th overall, with 2010 revenues estimated to be around $1.2 billion, and a total value of $6.1 billion.

CNBC was ranked 15th, with 2010 revenues estimated to be around $715 million, and a total value of $4.4 billion.

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NBCU CEO Jeff Zucker’s Departure: How the Business Networks Covered It

Bloomberg, CNBC and Fox Business Network all covered the announcement that NBC Universal CEO Jeff Zucker would step down once Comcast completed its acquisition of the company.

Two of the networks delivered particularly interesting coverage: CNBC and FBN.

CNBC reported the news at almost the exact same time the New York Times posted its story this morning. Then later in the day, David Faber appeared, and was asked what Zucker’s legacy would be:

The growth of the cable networks, undoubtedly like our own. At the end of the day, in reporting of course on the Comcast transaction As I did for so many days for almost a year ago, when the speculation at least began, their focus was always on the cable networks owned by NBC Universal. There’s no doubt they grew enormously under the stewardship of Mr. Zucker. Whether it’s CNBC or Bravo or USA, many of those networks are producing prodigious amounts of cash flow.

On FBN, former CNBCer Charlie Gasparino (who was never turned down an opportunity to discuss his old network), talked about a possible change in reporting lines between NBC News president Steve Capus and CNBC chief Mark Hoffman:

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NFL Network, Cox Renew Carriage Deal

♦Quick Hit: NFL Network and Cox Communications have signed a new long-term carriage agreement. As part of the deal Cox will carry NFL RedZone, which features live action from games when a team is in the opponents Red Zone. The deal is a big one: Cox is the Country’s 3rd largest cable provider.

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