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Posts Tagged ‘Andy Lack’

Bloomberg Launches ‘Surveillance Midday’

Bloomberg TV is launching a new program today, “Surveillance Midday.” The show will be hosted by Tom Keene, and will run Monday through Friday from noon to 1 PM.

Keene currently hosts the Bloomberg Radio show “Bloomberg Surveillance,” which airs on weekdays from 7-10 AM. Guests on the debut TV show are Bill Gross and Mohamed El-Erian of PIMCO and economists David Rosenberg and John Ryding (in-studio).

Related: The New York Post on the state of business at Bloomberg:

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What David Westin’s ABC Departure says about the Future of TV News

In the wake of David Westin‘s announcement this week that he’s stepping down after 13 years as president of ABC News, networks should initiate informal five-year term limits on news division chiefs.

Heyward_9.8.jpgSo says Andrew Heyward, (left) president of CBS News from 1996 to 2005.

“If the media continues to evolve and change at anything like the pace it has, you need a regular infusion of new ideas and new leadership,” says Heyward, a media consultant whose clients have included NBC News.

“These are very demanding jobs,” he says. “They’ve become incredibly complex in the last 10 years. The pressures have been building since the ’80s. They aren’t the statesmanlike positions they were when network news was invented.”

In Heyward’s view, the perfect candidate for ABC “would balance reverence for what is … valuable about network news with a willingness to consider pretty radical change. That’s more likely to happen with somebody who hasn’t been there for a decade or so.”

By Heyward’s yardstick, NBC’s Steve Capus and CBS’s Sean McManus would both be lame ducks. And the late, great Roone Arledge, who ruled ABC from 1977 to ’98, would have exploded the metric.

Lone exception to Heyward’s rule: Fox News top gun Roger Ailes, whom he says will remain in office “for at least 100 years.” (FYI: Heyward says he has never consulted for Fox.)

While some experts say Westin’s departure signals Disney intention to get out of the network-TV business, others insist it’s too early to tell.

“It’s not necessarily a sea change, but the world of mass-media journalism is changing so rapidly, people [including the media] are desperate to explain what the changes mean,” says network-news analyst Andrew Tyndall.

Thus far, according to Tyndall, “This is a trend piece masquerading as a news story.”

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Erik Schatzker on Changes at Bloomberg

Bloomberg Television anchor Erik Schatzker sits down with Benzinga and says many of the stylistic changes seen on the network of late are directly attributable to CEO Andy Lack who was brought on board in 2008: “He realized that we could do more with Bloomberg Television than we had been doing before.”

Couric, Lauer, Lack do Lunch

It was an NBC reunion at Le Caprice restaurant the other day. One time NBC News president, now Bloomberg LP boss Andy Lack, was spotted dining with former “Today” show couple Katie Couric and Matt Lauer, reports Page Six.

Journalists Examine Cable News’ Role in Financial Crisis

bloompanel_11-19.jpgTVNewser was up at the space-station that is the Bloomberg building yesterday for the “Covering the Crisis” panel moderated by author and journalist Michael Lewis. The event was co-hosted by Bloomberg and Vanity Fair, and both Bloomberg media CEO Andy Lack and VF editor Graydon Carter addressed the crowd beforehand.

The panel brought together several noteworthy financial journalists to discuss their perspectives of the events of the last year.

Bloomberg TV’s Margaret Brennan facilitated the audience Q&A, but first had an interesting question of her own: what role did financial cable news play in all this?

NYT’s Andrew Ross Sorkin said he watched “countless hours of television to see what people were talking about at the time,” while doing research for his book “Too Big to Fail.” He said he believes cable news did have a big impact: “It was the TV and the actual personalization of it — the actual watching another human being say it — that I think actually changed the resonance for people. I will say it did push the panic…because it was human.”

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Bloomberg Buys BusinessWeek

Breaking: Bloomberg L.P. has announced it is acquiring BusinessWeek. “The BusinessWeek acquisition will yield huge benefits for users of the Bloomberg terminal, and for our television, online and mobile properties,” said Daniel Doctoroff, president of Bloomberg in a press release. “We couldn’t be more excited.”

BloombergTV, which has undergone belt tightening since the arrival of former NBC News president Andy Lack last year, will incorporate the BusinessWeek brand and its journalists on air.

Heading up the operation as Chairman is former Time and Wall Street Journal editor Norman Pearlstine who joined Bloomberg in May 2008 as Chief Content Officer.

Terms of the deal were not disclosed.

Bloomberg Cuts 100 From Radio/TV Division

bloomberg_2-4.bmpAs first reported by two U.K. newspapers, TVNewser confirms Bloomberg is cutting 100 jobs in the radio and television groups. Forty-five from the New York newsroom.

“We have eliminated around 100 positions in the U.S. and are considering some additional redundancies in Europe, UK and Japan, specifically in radio and television,” Bloomberg’s head of PR, Judith Czelusniak, tells TVNewser. “We’re reorganizing the radio and TV operation into an English-language global 24/7 business network.”

Despite the cuts in TV/Radio, Bloomberg is “hiring around 1,000 employees this year in print news, product development, sales and customer service.”

The major shake-up comes less than four months after Bloomberg’s new CEO, Andy Lack, took over the network. “The business television viewer needs a universal perspective that is not now available on any financial network — and only Bloomberg has all the pieces,” says Czelusniak. “Andy is here to put those pieces together into a global network.”

Yesterday TVNewser reported Mike Schneider had been let go from the network and his 10pmET show “Night Talk” canceled. That followed the departure of Bloomberg TV (U.S.) managing editor John Meehan last month.

Schneider Out At Bloomberg; Night Talk Canceled

schneider_2-3.jpgBreaking: TVNewser confirms Bloomberg TV anchor Mike Schneider has been let go from the network, and his 10pmET program, Night Talk, has been canceled. The news was first reported by TheMediaIsDying on Twitter.

We hear the slot will be occupied tonight by global reporting on the opening of the Asia and European markets.

A TV insider notes this is the second time Schneider has been let go from an Andy Lack operation. Lack, who joined Bloomberg as CEO in October, was Schneider’s boss at NBC News in the mid 1990′s.

Schneider has reported and anchored for ABC, NBC and Fox News before joining Bloomberg in 2003.

Former FNCer David Rhodes Joins Bloomberg

Rhodes_11.25.jpgAs TVNewser first reported last week, David Rhodes has left Fox News Channel for Bloomberg TV. In making the announcement today, Andy Lack, CEO of Multimedia at Bloomberg said Rhodes, “is one of the most dynamic young minds in television news today. David’s news judgment, his strength as a creator and organizer, and his ability to energize a television news operation will be strong assets to Bloomberg Television.”

Rhodes will be head of U.S. TV for the financial services and media giant. The press release (after the jump) points to the appointment of Rhodes as capping “a reorganization designed by Andy Lack to maximize the strengths of the global 24/7 Bloomberg TV network.”

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David Rhodes Leaves Fox News For Bloomberg

Rhodes_11.20.jpgExclusive: TVNewser has learned Fox News Vice President of news David Rhodes is leaving FNC to join Bloomberg TV. Rhodes will be head of U.S. television operations for Bloomberg.

34-year-old Rhodes has been at Fox News since the channel’s inception. He began as a production assistant before the network went on the air in 1996. He moved up through the ranks to assignment manager and, in September 2006, was promoted to VP of news, responsible for all newsgathering for FNC.

Bloomberg_11.19.jpgThis is the first major hire from a cable news competitor for Bloomberg since Andy Lack was named CEO of the network’s multimedia group, which includes TV, radio and Web.

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