The PBS program, The “Nightly Business Report”, which is the TV’s longest running business news broadcast, has now decided to cease its production by the end of this year. This business news broadcast started in the year 1979.
The production of this show was picked by CNBC, in the year 2013. CNBC has now decided to end its association with this show. This is as reported by people, who are familiar with this matter. Nightly Business Report was originally based at Miami. This show was carried by 183 public television stations in all the 50 states. This show was reaching to 96 per cent of all US households. This was as reported by American Public Television, the distributor of this series.
The co anchors, the executive producer of Nightly Business Report and the entire CNBC team have been strong partners in delivering this business news service that was trusted by all. This was stated by Cynthia Fenneman, APT President and CEO in a prepared statement. She said that this was smart television which will be deeply missed by all viewers.
Previously in the year 1979, there was no CNBC or even its predecessor, FNN. Business News Stars such as Maria Bartiromo, Becky Quick and David Faber did not exist. Anchor Paul Kangas, who was originally a stock analyst, helped the show to become a valuable part of the early evening line up of PBS. He was joined by Susie Gharib in the late 1990s. She was working with CNBC. Alan Greenspan, who became the Chairman of Federal Reserve afterwards, was a regular commentator in the program in its early days.
It seemed unlikely of wrapping up of this nightly business show, when even the mobile devices have business shows, but no PBS spokes person could be reached for any comment on this show’s departure.