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Posts Tagged ‘Paul Kangas’

CNBC Acquires ‘Nightly Business Report’

CNBC has acquired the PBS series “Nightly Business Report.” CNBC will move production of the show to its Englewood Cliffs, NJ world headquarters. For decades the show was co-anchored from the Miami studios of WPBT, NBR’s founding PBS sponsor.

The show has had several owners over the past several years. In 2010, WPBT sold it to a company run by Mykalai Kontilai, a public television program distributor who was also the manager for mixed martial artist Tito Ortiz. Kontilai sold the show to Atalaya Capital Management in 2011, who sold to CNBC today.

The show has seen cuts as Atalaya looked for a buyer. Seven staffers lost their jobs late last year when the the show’s Chicago bureau closed. The managing editor and executive vice president were also cut last year.

Beginning March 4, NBR will be anchored by CNBC’s Tyler Mathisen and Susie Gharib, the program’s current co-anchor, herself a former CNBC anchor. The network intends to maintain the familiar look, feel and format of the program which is seen on 180 PBS stations nationwide. “We are proud to take the reins of television’s longest running business program,” said Mark Hoffman, CEO of CNBC. “Our goal is to utilize our global editorial resources to both preserve and strengthen “Nightly Business Report.”

The show’s founding anchor Paul Kangas, retired in 2009 after 30 years of hosting the show.

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The Ticker: Kangas, Matthews, Schieffer…

> Paul Kangas, co-anchor of Nightly Business Report on PBS, will be leaving the program at the end of the year after 30 years with the show.

> Tom Ridge sits down with one-time potential challenger Chris Matthews today on Hardball — his first interview since announcing he would not seek the Republican nomination for Senate.

> Bob Schieffer‘s Twitter feed revealed who would be his guest on Face the Nation this Sunday — former VP Dick Cheney.

The Ticker: Suze, NBR, Writers…

Suze_2.10.jpg > Slate’s James Scurlock writes about “a bottle-blond former waitress and self-described ’55-year-old virgin’ with a taste for the good life [who] became the financial messiah for millions of Americans…” That would be Suze Orman.

> Esquire doesn’t need no CNBC or FBN or even Bloomberg TV for their financial news. They’ll take PBS stalwart Nightly Business Report with Paul Kangas any day. “The faces are not usually made for TV. The brains, though, are made for sharp analysis and sober conjecture.”

> And who are the best writers in TV News? The WGA (East & West) presented their awards Saturday. ABC Weekend News’ Joel Siegel, Karen Mooney, and David Muir won in the regularly scheduled, bulletin or breaking report category. PBS’ Bill Moyers and Michael Winship won in the analysis, feature or commentary category for “Yankee Stadium and the New Gilded Age.”