Archive for the CNBC Category

CNBC Shifts EPs

Posted in CNBC on April 17, 2015 by icn2

CNBC Editor in Chief and Senior VP of Business News Nick Deogun announced in an internal memo some EP changes in the wake of Gary Schrier moving to FBN

I’m pleased to announce new roles for two of our excellent executive producers: Lisa Villalobos and Maxwell Meyers.

Lisa, who has been executive producer of “Fast Money” for the past 17 months, will become EP of “Closing Bell.” Max, who serves as EP of “Options Action,” as well as a number of digital initiatives, will be the new EP of “Fast Money.”

Both Max and Lisa have stellar track records. Prior to joining the “Fast Money” team, Lisa served as senior producer for “Squawk on the Street.” Lisa came to CNBC in 2012 from Fox Business and helped launch two shows there. She also worked as a producer at Court TV and in online ad sales at ABC. She is a graduate of NYU.

Max is no stranger to “Fast Money” as he helped launch the program in 2006. He has since held a number of positions at CNBC, including senior producer for “The Strategy Session,” “Fast Money” and “Money in Motion.” Prior to joining CNBC, Max worked at CNNfn. He started his career at Bear Stearns and has written for Kiplinger’s Personal Finance, The Bond Buyer and CNBC.com. He is a graduate of Skidmore College.

As some of you know, these moves are triggered by the departure of Gary Schreier, who is returning to Fox Business after a three-year stint at CNBC. I want to thank Gary for his work on “Closing Bell,” which he has so ably guided in his time here.

Please join me in congratulating Lisa and Max on their new assignments.

Nik

Press Releases: 03/20/13

Posted in CNBC, MSNBC on March 20, 2015 by icn2

MSNBC/CNBC (1)

CNBC, MSNBC, NBC NEWS AND TELEMUNDO ANNOUNCE PLANS FOR EMERGE AMERICAS

NEW YORK & MIAMI, March 20, 2015—CNBC, MSNBC, NBC News and Telemundo today announced their plans for eMerge Americas, a groundbreaking technology conference taking place in Miami on May 1-5, 2015. As part of the multi-year media partnership between eMerge Americas and the NBCUniversal News Group, viewers and users across all of the networks will gain exclusive access to unique programming from the event.

Full coverage plans to date include:

CNBC’s “Fast Money” (M-F, 5PM ET), anchored by Melissa Lee, will broadcast live from the event. In addition, CNBC’s Chief International Correspondent Michelle Caruso-Cabrera will report live from eMerge Americas for CNBC’s Business Day programming.
MSNBC’s “The Rundown with José Díaz-Balart” (Weekdays, 9AM) will broadcast live Monday, May 4th and MSNBC reporters will cover eMerge Americas live for msnbc.com/shift.
Based in Miami, Telemundo plans to send multiple programs to cover eMerge Americas:
Telemundo’s “Enfoque con José Díaz-Balart” (Sunday, 12PM) will air a segment about eMerge on Sunday, May 3rd.
Telemundo’s Diego Schoening will report live Monday, May 4th and Tuesday, May 5th for “Un Nuevo Día” (M-F, 7AM-10AM).
Telemundo’s “Al Rojo Vivo” (M-F, 4PM), hosted by María Celeste Arrarás, will feature stories about fashion and technology.
The websites of these NBCUniversal networks will be the exclusive destination for live streaming portions of eMerge Americas
In addition, NBC News’ Chuck Todd, moderator of “Meet the Press,” MSNBC and Telemundo’s José Díaz-Balart and CNBC’s Melissa Lee will moderate panels at the event.

eMerge Americas 2015 is expected to attract more than 10,000 attendees, hundreds of top companies and the world’s leading disruptors and thought leaders. Key elements on this year’s agenda include:

eGov: Government Innovation Summit – Prominent mayors and government officials from around the globe gather to address the challenges faced by accelerated urbanization and how to transform their urban communities into Smart Cities through the power of innovative technology.
Startup Showcase – Entrepreneurs from over 100 start-up incubators/accelerators from Latin America and Europe compete for funding from well-known investors.
Country Pavilions – Participating nations from the Americas, Europe, Middle East, Africa and Asia showcase their local innovations and connect with strategic partners, generate new international leads and become a part of the ever-expanding technological transformation in the Americas.
Women, Innovation & Technology (WIT) – A one-day summit showcasing top female professionals from different industries discussing how they are transforming the business landscape through technology and innovation.

CNBC and SALT

Posted in CNBC on March 12, 2015 by icn2

I meant to get to this when I read about it yesterday but other things took up my time. CNBCFix writes about CNBC and the SALT conference…

Business feuds can be entertaining.

The frostiness between Carl Icahn and Bill Ackman accusing each other of trying to be the other’s friend at an Italian restaurant ended in a hug and a T-shirt distribution moment (wonder what’s happened to those) for Scott Wapner on an episode of CNBC’s Fast Money.

But other times there is only unnecessary aggravation, as seems to be the case with the recent revelation by Linette Lopez of Business Insider that after years of being the exclusive television partner, CNBC will not be broadcasting from Anthony Scaramucci’s SALT Conference in May.

This curious rift, which must be unprecedented — a financial-television guest developing his own TV franchise — stems from the purchase by Scaramucci’s SkyBridge Capital of the classic “Wall $treet Week” brand a year ago, a move that evidently came as a surprise to Englewood Cliffs.

TV’s a feisty business.

That something as dormant as “Wall $treet Week with Louis Rukeyser” could disrupt a valuable partnership is a testament to the fierce battle for the limited but elite turf that television has always represented, perhaps now more than ever in the Internet age.

However lofty its own status, CNBC guards it like a pit bull. Numerous news articles have suggested a constant game of hardball with elite guests who tend to be told, “First here or else.”

It would not be unprecedented for an NBC Universal network to blacklist someone on account of a turf war. Years ago TMZ’s Harvey Levin was a regular guest on MSNBC talking about celebrity gossip. Then Levin launched TMZ TV…a direct competitor to NBC Universal’s Access Hollywood. Suddenly Levin stopped appearing on MSNBC’s air. After a month or so of no Levin I got curious and dug around. I eventually got confirmation through unofficial channels that Levin’s disappearance was directly tied to the threat TMZ TV posed…or should I say was viewed to pose.

This spat is a little different from that though. To me this smacks more of sour grapes more than viewing a new Wall Street Week as a direct threat to CNBC.

Your Obligatory Andrew Lack Tea Leaf Reading Blog Post (Because All Media Sites Have to Have One…It’s A Rule)

Posted in CNBC, MSNBC on March 6, 2015 by icn2

Now that Andrew Lack has been officially named as the replacement for Pat Fili Krushel, we may finally start speculating about what this all could mean. But in order to speculate what it could mean we need to look at what the parameters are…

– Lack has oversight over NBC News and MSNBC but not CNBC. One wonders if Steve Burke polled Mark Hoffman and found that Hoffman would walk if Lack was installed over him. Hoffman is kind of like the cockroach in a nuclear war; everything around it gets destroyed but it lives on. Or, maybe Lack didn’t want oversight of CNBC. Some might view this aspect as a vote of confidence by Burke in CNBC’s current direction which would be an odd way of looking at it considering what the ratings have been doing lately.

– How far back will Steve Burke step now? This is an unknown, but, I can’t see someone like Lack, who originally exited NBC partly over a corporate turf war, coming back only to have to run to Burke about every thing he plans to do. Lack was brought in to right the ship and Burke is probably going to give him the latitude to do it whatever way he sees fit…up until the point that the final decisions has to be made on Brian Williams future anyways.

– Deborah Turness reports to Lack. For the moment. Expect that moment to be fleeting…especially if these stories have any truth to them.

– Phil Griffin reports to Lack. Whatever deal Griffin had going with Burke to get time to try and turn things around is probably null and void with Lack’s hiring. According to David Zurawik, Andrew Tyndall seems to rank MSNBC as the biggest problem for Lack which is saying something considering how valuable Today, MTP, and Nightly are. Griffin is an incrementalist, to a fault. MSNBC needs faster, more drastic action. I don’t see a good fit here with Griffin and Lack but…remember that nuclear war/cockroach analogy earlier? Well if Mark Hoffman is my #1 example of that in action, Phil Griffin would be my second choice. Don’t underestimate his ability to weather this out. Odds are he’s toast though.
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Andrew Lack Back to NBC News?

Posted in CNBC, MSNBC on March 3, 2015 by icn2

Variety’s Cynthia Littleton writes that former NBC News President Andrew Lack is in talks to return to the network in some capacity…

Former NBC News president Andrew Lack is in negotiations to return to a top post at the news division in a management shakeup following the debacle that led to the suspension of “Nightly News” anchor Brian Williams and other recent missteps by the news wing.

The discussions are in the early stages, but Lack is expected to return in a top role, if not the top job, overseeing NBCUniversal’s news operations: NBC News, MSNBC and CNBC. Pat Fili-Krushel, who has headed NBCUniversal News Group as chairman since 2012, may move to a different position within NBCUniversal.

We could idly speculate about this but I’m going to hold off until there’s actual news here…like an NBC press release announcing the hire…before I start opining.

CNBC Changes…

Posted in CNBC on January 16, 2015 by icn2

TVNewser’s Chris Ariens writes about some substantial changes in the middle of CNBC’s day including Sue Herrera leaving Power Lunch…

Starting Feb. 9. “Power Lunch” will be anchored by Tyler Mathisen, Mandy Drury and Brian Sullivan and will expand to two hours, from 1-3pmET. Melissa Lee will contribute from the NASDAQ MarketSite’s new studio. The network’s 2pm program “Street Signs,” which Drury and Sullivan co-hosted, goes away.

Numbers Games…

Posted in CNBC, FBN on January 6, 2015 by icn2

The Wall Street Journal’s Joe Flint writes about CNBC deciding to stop using Nielsen…

Financial news network CNBC will no longer rely on TV ratings specialist Nielsen to measure its daytime audience, beginning later this year. Instead, it has retained marketing and research firm Cogent Reports for the task.

For years CNBC and its parent company, Comcast Corp. ’s NBCUniversal, have complained that Nielsen underreports the size and wealth of its audience by failing to track “out of home” viewing in places such as offices and airports.

CNBC’s switch to Cogent is the latest barb for Nielsen, which has faced criticism from media companies that it has been slow to adapt its traditional ratings to changing media consumption habits. While many media companies say they are frustrated with Nielsen, CNBC is the first network to opt out of its ratings.

Aaaaand…cue the predictable reaction…

Explaining why Fox Business Network continues with Nielsen, Paul Rittenberg, executive vice president of advertising for the channel, said, “Only using the numbers you like is a little tough to sell.”

Indeed. CNBC is the canary in the coal mine. If it succeeds, others with similar beefs about Nielsen may follow. And make no mistake. This isn’t CNBC going rogue. This has all the signs of a Comcast blessed official trial balloon…

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