CNBC To Revive ‘Nightly Business Report’ For Public Television

Englewood Cliffs, NJ & Miami, Fl, February 21, 2013– CNBC, First in Business Worldwide, announced today its intention to purchase the rights to Nightly Business Report (Nbr), a leading evening business news program, from national investment firm Atalaya Capital Management. CNBC will begin producing the series exclusively for public television from its Global Headquarters in Englewood Cliffs, NJ on Monday, March 4. “We are proud to take the reins of television’s longest running business program,” said Mark Hoffman, Chief Executive Officer and President, CNBC. “Our goal is to utilize our global editorial resources to both preserve and strengthen Nightly Business Report, exposing its highly educated audience across 180 broadcast markets to CNBC’s already diverse multi-media offerings which include cable programming, a full suite of digital products, radio and our international networks and local language affiliates.” “This move comes at a critical time for Nightly Business Report,” explained Rick Schneider, President and CEO, WPBT
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