×

PBS’ ‘Nightly Business Report’ to Cease Production by Year End

Nightly Business Report,” the PBS program that started in 1979 and became TV’s longest-running business-news broadcast, is set to cease production by the end of the year.

CNBC, which picked up production of the show in 2013, has decided to end its association with the show, according to people familiar with the matter. “NBR,” originally based in Miami,  was carried by 183 public television stations in all 50 states, reaching 96 percent of all U.S. households, according to American Public Television, the series’ distributor. “The ‘NBR’ co-anchors, executive producer and entire CNBC team have been strong partners in delivering this trusted business news service,” said Cynthia Fenneman, APT president and CEO, in a prepared statement. “This is smart television which will be deeply missed.”

There was no CNBC – or even its predecessor, FNN – in 1979, and business-news stars like Maria Bartiromo, Becky Quick and David Faber did not exist. But anchor Paul Kangas, who originally joined as a stock analyst, eventually helped the show become a valued part of the PBS early-evening lineup. He would in the late 1990s be joined by Susie Gharib, who had been working at CNBC. Alan Greenspan, later chairman of the Federal Reserve, was a regular commentator in the program’s early days.

In a world where business news and stock quotes light up ticker boards and can be found on mobile phones with a few finger motions, a nightly wrap of the days’ market news may seem less feasible. A PBS spokesperson could not be reached for immediate comment on the show’s expected departure.

“CNBC has made the difficult decision to stop producing Nightly Business Report at the end of this year,” the network said in a statement. “We would like to give a special thanks to the loyal viewers as well as our partners American Public Television and WETA, our presenting station.”

CNBC treated NBR like an extension of its regular daytime business programming, moving the program to New York and Washington and staffing it with longtime anchors like Tyler Mathisen and Gharib, and, later Sue Herera and Bill Griffeth.

 

 

 

More TV

  • Leonine Takes International Rights to Premium

    Leonine Takes International Rights to Premium Series 'Herzogpark'

    German media group Leonine has taken international distribution rights to the six-part premium series “Herzogpark,” following a deal with its producers Letterbox Filmproduktion (“Bad Banks”). The rights for German-speaking territories are held by Mediengruppe RTL Deutschland. The dramedy centers on four women from Munich’s upscale Herzogpark district, for whom keeping secrets has become a life’s [...]

  • Luna Nera Netflix Italy

    Italy's Women Filmmakers Set to Make Waves

    The Berlinale in recent years has been a prime launching pad for Italian films directed by women, which though fewer in number to their male counterparts, make up a considerable portion of the country’s representation on the festival circuit — Alice Rohrwacher (“Happy as Lazzaro”) at Cannes, Susanna Nicchiarelli (“Nico”) at Venice, and Berlin regular [...]

  • Love Me Scandinavian Cinema

    Scandinavia Ups Its Game With So Many Markets for Its Fare

    When the Nordic entertainment group, one of Scandinavia’s largest media groups, announced last month during the Goteborg Film Festival that it was pulling out of non-scripted content to focus on scripted drama, and film production and distribution, it underscored two market trends in the Nordics: Subscription-based services, whether local or global, are driving the region’s [...]

  • Louis Hofmann in Prélude

    Berlin: Louis Hofmann Cast in Damian John Harper's 'Fresh' (EXCLUSIVE)

    German star Louis Hofmann is set to topline Damian John Harper’s upcoming drama “Fresh,” a German-language adaptation of Scottish writer Mark McNay’s novel of the same name. Hofmann plays a young man who must emancipate himself from his tyrannical older brother. Unlike the book, which is set in the outskirts of Glasgow, the film’s story [...]

  • Steve Stark

    Steve Stark Named President of Newly Formed MGM/UA Television

    The newly formed MGM/UA Television label has found a president in Steve Stark, who previously served as MGM’s president of scripted television production and development. MGM Worldwide Television Group chairman Mark Burnett made the announcement late Friday, adding that Stark has extended his contract with the studio as part of his new role. “We are [...]

  • Bad Education

    TV News Roundup: HBO Sets Premiere Date for Hugh Jackman's 'Bad Education' (Watch)

    In today’s TV News roundup, HBO Films set the premiere date for “Bad Education” starring Hugh Jackman and Allison Janney and “Volcano Live! with Nik Wallenda” tapes Chris Harrison and Sage Steele as hosts. CASTING “The Bachelor” host Chris Harrison will host “Volcano Live! with Nik Wallenda” alongside co-host Sage Steele of ESPN, ABC announced. [...]

More From Our Brands

Access exclusive content