10 Most Powerful in TV Financial News


10 Most Powerful in TV Financial News

For the first time, NewsPro presents its list of the 10 most powerful players in business and financial television. CNBC is, of course, the leader in the field, but it has competitors nipping at its heels, and even some surprising competition at times from television’s longest-running newsmagazine program, “60 Minutes.” And Some of business television’s on-air talent have become stars in their own right, wielding huge influence with CEOs, shareholders and untold numbers looking to stay above water as the economy recovers from the worst crisis since the Great Depression.

'60 Minutes Still the 'Get'-Getter

The people who produce CBS News’ “60 Minutes” pride themselves on the many business, financial and economic-related investigative and feature stories that are an important part of the mix. But while the most-watched newsmagazine program on television has been doing business stories since it launched in 1968, they’ve become a larger part of the program since the financial meltdown of 2007-08.

Ron Insana Finds a Niche in Syndicated Radio

Dedicated financial news on television was in its infancy in 1984 when Ron Insana joined the fray as a production assistant in the Los Angeles bureau of FNN, a fledgling business network that was absorbed by CNBC about seven years later. The one-time “Street Signs” and “Business Center” host took a detour from full-time TV journalism several years ago, even though his ties to CNBC continue to this day. He now also hosts a daily syndicated financial radio show, “The Insana Quotient.”

Awards Season Byword: 'Sustain'

As the recession recedes, some of the economic pressures on awards, grantn and fellowship programs are abating; many awards programs report that entries have increased in the past year, and the emphasis now seems to be how the programs can help support and sustain a battered and still rapidly changing industry.

Awards Aim to Keep Up With Evolving Forms of Journalism

The organizations that hand out awards for quality journalism have scrambled in recent years to keep their judging processes reflective of the rapidly evolving business. They’ll have plenty more to keep track of in coming years: The long odds for journalism startups haven’t kept entrepreneurs
from trying.

Awards Entries on the Upswing

Whether it’s due to the easier and cheaper online entry processes, expanded entry categories or journalists’ need to make their work stand out in challenging times, many awards programs have seen an uptick in entries in the past year. The trend is in marked contrast to recent years, when the number of entries fell, as companies cut back on paying entry fees and laid off the employees whose job it had been to oversee the entry process.

Foundations Reaching Out to the New

The changing media landscape and downturn in the economy have pushed many foundations that fund journalism endeavors to reassess their priorities in an effort to make the greatest impact with fewer dollars. Grant money that once funded operating budgets or projects for various journalism groups has decreased, with more philanthropic dollars funneled toward efforts to encourage entrepreneurial media ventures, literacy and the growth of digital media skills in journalists.

Minority Journalists Find Fellowship Help, but Not Enough

With layoffs hitting journalists in large numbers, minority journalists associations have tried to help members with fellowships to learn new multimedia skills and attend industry conferences. With a continued recession, however, the ability to raise fellowship funding does not always meet the demand for training.

Award-Winning Stations Toot Their Own Horns

They often go hand in hand, but it’s one thing to win ratings gold, and another for television news departments to bring home a slew of trophies that prove their excellence and commitment to high-quality coverage. Without appearing to pat themselves too heavily on the back, stations like their viewers to know about their accolades and are coming up with a variety of ways to market their award wins.