New campus leaves opportunity for future growth
As the financial markets get under way Monday, biz cable news net CNBC will begin broadcasting from its new headquarters in Englewood, N.J.
The 350,000-square-foot building sits on a 22-acre campus, leaving plenty of opportunity for future growth.
“Our new facility marks the beginning of a new era for the network; our editorial team will have the capabilities needed to further broaden and deepen our programming to best serve the needs of the one of the most affluent audiences in cable,” CNBC prexy-CEO Pamela Thomas-Graham said.
CNBC, part of the NBC News empire, has never made a splash in the ratings, but isn’t off the mark in boasting about its small, affluent aud pool.
New structure has three state-of-the-art digital studios totaling 15,000 square feet. CNBC’s previous 150,000-square-foot home, not far away in Fort Lee, had two studios totaling 5,000 square feet.
The new Studio A will house six sets, three of which will be home base for “Squawk Box,” “Power Lunch” and “Closing Bell.”
Studio B will be used for CNBC’s primetime programs including “Kudlow & Cramer,” “Louis Rukeyser’s Wall Street” and “The Suze Orman Show.”