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Tag: CNBC

  • News Corp to launch Fox Business Network on 15 October

    MUMBAI: News Corp. will launch Fox Business Network (FBN) on 15 October in a bid to rival business cable channels CNBC and Bloomberg Television, a company statement said.

    To be headquartered in New York with established news bureaus in Chicago, Los Angeles, San Francisco, Washington and London, FBN has secured distribution agreements with leading U.S. cable operators including Comcast and Time Warner cable. This is expected to provide the network with at least 30 million subscribers, when it debuts.
    News Corp. chairman Rupert Murdoch had previously said it would launch the business channel in the fourth quarter, but did not provide a date.

    FBN “will look and feel different”, with more emphasis on entertainment than mere market coverage. The past several months have been spent designing the channel under the eye of senior vice president Fox News veteran Brian Jones.

    Jones reports to Fox News executive VP Kevin McGee who will manage the day-to-day operations of FBN.

    Currently, Murdoch is in the midst of talks on a $5 billion offer for Wall Street Journal publisher Dow Jones & Co. The deal would provide the new FBN with reporting staff and content from one of the most respected business newspapers.

    However, if the deal is through, a content sharing deal between rival CNBC and the Journal that is active till 2012, is expected to complicate any possible synergies between FBN and the Journal.

  • CNBC Universe makes corporate earnings available to iPod’s

    MUMBAI: The CNBC Universe, business and consumer platform, is geared up for earnings season by making available to investors and users the latest news, information and analysis on corporate results through its TV and online properties as well a special feature which will making earnings content iPod friendly. This was launched during the Infosys results last week.

    Apart from carrying live reports, analyst calls and management interviews on CNBC TV18 and CNBC Awaaz, the same will also be available on financial websites namely indiaearnings.com and moneycontrol.com which are a part of the universe, informs an official release.

    CNBC Universe head marketing Ajay Chacko added, “Earnings season is a key occasion for value delivery to our audiences. Our online properties led by moneycontrol.com and indiaearnings.com will supplement our acclaimed earnings reportage on CNBC Channels and will also have an added feature for IPOD downloading. This is another example of our continuous effort to engage with audiences effectively. The response to our offerings during the infosys results was tremendous and we will continue to up the ante in this regard.”

  • CNBCTV 18 ‘Emerging India Awards’ enters Limca Book of Records

    CNBCTV 18 ‘Emerging India Awards’ enters Limca Book of Records

    Mumbai: The Emerging India Awards on CNBC-TV18 partnered by ICICI Bank and Crisil awards the performance by Indian SMEs. This year the event received over 35, 000 SME applications to power the Emerging India Awards into the Limca Book of Records as the biggest business awards in India.

    The Emerging India initiative was launched in 2004 to understand the dynamics of India’s small and medium enterprises. The awards have grown from 5000 applications in its first year to over 35, 000 applications this year.

    Speaking on the landmark occasion CEO & MD, ICICI Bank K V Kamath said, “This achievement is a reconfirmation that the growth in India is broad based. It is indeed a far more wide platform that what we all had thought of earlier and that is what took it from 5000 to 35,000 companies standing up to be counted.

    I think this process of recognition provides them the stimulus to grow. I wish this event a great success for this year and I think it’s a great recognition to be counted in the Limca Book of Records for the event.”

    A spokesperson for CNBC-TV18 also said, “The Emerging India Awards are designed to recognize the most sustainable Value Creators among SMEs in the country.

    With the tremendous response of over 35,000 entries received from all across the country this year, The Emerging India initiative is a true testimony to the power of the SME story. It is also extremely heartening that the future for Indian SMEs looks bright across all Industry sectors. We will continue to take up the SME cause at the TV18 network”

  • News Corp to launch business channel later this year

    News Corp to launch business channel later this year

    MUMBAI: News Corp CEO Rupert Murdoch says that his media conglomerate plans to launch a more ‘business-friendly’ business channel in the US than its rival CNBC.

    The Fox Business Channel will launch in the fourth quarter in at least 30 million homes.

    The channel, which will directly challenge CNBC for domination in the small but lucrative financial news market, will be developed and overseen by Fox News Channel/Fox Television chairman and CEO Roger Ailes.

    Reports state that the business channel will be housed along with Fox News at the News Corp. headquarters in New York. It will have initial distribution across the US, including New York, with Time Warner Cable, Comcast, Charter and DirecTV.

    The project has been in the works for several years, and the company was waiting for distribution to be in place.

    Murdoch claims that CNBC is often too negative and focussed on financial scandals. He sounded a note of confidence by saying that CNBC would copy a lot of things that the new channel would do.

    Meanwhile, Murdoch also said that over 10 per cent of the media company’s sales will likely come from its digital businesses, from Internet to cell phones, in the next five years.

    The view excludes Internet properties owned by its local newspapers, such as the New York Post’s NYPost.com site, whose split of digital revenue could well go higher

    Revenue from sites including MySpace are expected to account for about 2 per cent of News Corp’s fiscal 2007 sales.

  • CNBC Universe gears up for Budget 2007

    CNBC Universe gears up for Budget 2007

    MUMBAI: CNBC Universe gears up for the Budget with a line of special programming on the theme ‘OPPORTUNITY ECONOMY?’ But the emphasis is clearly on wooing the youth and family as the network ties up with Star Plus and MTV for its budget specific programming.

    CNBC Awaaz ties up with Star Plus for Saas Bahu aur Budget where different stars from various soap families on Star Plus will join the anchors for an in-studio analysis of how the budget will affect each member of this fictional family. This show has been packaged as a dialogue between the various members of the families from popular tele-serials and tax experts.CNBC Awaaz and its editorial team will moderate this program

    CNBC-TV18 and MTV tie up to bring Budget Fundas which will be telecast on both channels. The series is supposed to connect the youth with the Union Budget.

    CNBC Awaaz budget coverage includes Aapke Sheher Main which will travel to five key cities across India taking stock of what investors expect. The Budget Express is a nationwide initiative tracking 32 cities. Both CNBC-TV18 and CNBC Awaaz will telecast the live uninterrupted coverage of the FM’s Budget Speech followed by a half hour interview with the FM.

    The programming on CNBC-TV18 will also have short segments and vignettes such as Tax Minute, CEO Bites, If I were FM…?, Budget Factoids and What the World Thinks.

    The theme of “Opportunity Economy?” will extend throughout the CNBC Universe including its web properties.

  • CNBC Asia Pacific appoints director, news and programming

    CNBC Asia Pacific appoints director, news and programming

    MUMBAI: CNBC announced the appointment of John Casey to its Asia Pacific team, as the Director, news and programming. Casey reports to Jeremy Pink, president and managing director of CNBC Asia Pacific. Casey, based in Singapore, heads the news and programming division of the network in this region.

    In his capacity, Casey will oversee CNBC’s efforts to enhance the network’s programming. His responsi-bilities include supervising the development of content, talent and program schedule for CNBC Asia Pacific, ensuring the high quality of CNBC’s daily output, and developing new, compelling content for CNBC’s broadcast, mobile and broadband platforms.

    Casey joins CNBC in Asia Pacific, from CNBC Europe, based in London. He was the deputy head of news and the executive producer, Worldwide Exchange and Power Lunch. Casey has had more than a decade of experience in the production of business and financial news programs, and the management of news networks.

    He was instrumental in launching Worldwide Exchange, the world’s first global, tri-anchored, live newscast, simultaneously broadcast from Asia, Europe and the United States. He had also developed CNBC Europe’s rolling, volume-driven ticker, and the FTSE CNBC Global 300 Index, in collaboration with FTSE. He helped establish CNBC Nordic, in Denmark, and CNBCe in Turkey. He had also designed and built the CNBC Europe newsroom system.

    “John’s tremendous experience in the production of business and financial news content, his superior ability in managing a news room and his keen instinct for stories, coupled with his unwavering sense of editorial integrity, makes him a valuable member of our editorial and management team,” Pink said. “We’re delighted to have John head our news and programming division in Asia Pacific.”

  • “The best thing that has happened is the wake up call on content”

    “The best thing that has happened is the wake up call on content”

    And you will find that regionalisation will finally give the media greater depth. There is tremendous energy in the media in regions and they need a platform and I am sure you will see that a lot in 2008. For us it is the quality that matters, and we take enormous pride in the fact that both CNBC and CNN IBN were the winners of the Indian Telly Awards and NT Awards this year. For us, recognition as a quality network matters more than anything else at the moment.

    There could be a perception that since people watch some irresponsible channels that the people in general are crass in their tastes, but looking at what has happened in the Hindi news space, I think TAM also has a need to take a second look at itself, and I don’t want the ministry to be doing it, as it seems to be suggesting. That would be terrible. I have a lot of faith in the people who do our ratinsg and I think they are people of great credibility. And just as we as content makers are looking inwards, they also need to do the same thing.

    I don’t think the Hindi news viewer is so drastically different from any other, or that this crudeness is what he wants, because what everybody is now wanting is quality. If you do chaddi-banyan (panty) journalism, you will get chaddi-banyan advertisements. I am not going to mention any specific channel but that revenue model cannot work. In the long run you have to do credible, thought provoking, inclusive journalism.

    There are too many short-term players in the market at the moment. It is a box-office-rating journalism for them. But Hindi TV news has done a lot of intelligent masala journalism and there is scope for a lot of that, without doing chaddi-banyan journalism. That is not the point. What worries me is the dumbing down of content.

    There is tremendous energy in the media in regions and they need a platform and I am sure you will see that a lot in 2008
    _____****_____

    There is need to take stock of the societal changes taking place. On the day of the Gurgaon school shootout, I think that was the real story, and not Gujarat elections. On the day of actual elections, or results coming out, Gujarat polls will be the real news story, but one important thing is that we have moved away from the journalism centred around politicians. And the Hindi channels are sometimes very good at that.

    And in our case, we have given our Hindi channel, IBN 7 the space to create an identity of its own. It is not a copy channel of the English CNN IBN, it has its own reportage, analysis and plan of action. If for the shootout story they headline it as “Gurgaon shootout” and not some Hindi word, I think they are entirely entitled to their own sensibility and this shows their growing self-confidence. Similarly for the Gujarat polls we in the English channel have used the word Gujarat Yatra, and why not? We are into breaking barriers. We have the Gujarat elections special programme titled “Kaun Banega CM”, and why not? Why do we have to see Kaun Banega Crorepati as a programme title only in a Hindi channel?

    But these are in any case the frills, and I feel that sometimes too much is inspected of the frills, but making the cake is the real challenge. That is my biggest worry: how do you relentlessly make quality news without getting into the ratings war.

    What have been the best and the worst things this year? Well, the best thing that has happened is the wake up call on content, the worst thing is that we have not been able to break the barrier between quantity and quality! We have talked a lot about it, but we have to do much more than just talk.

  • Honda Civic is CNBC-TV18’s Autocar of the Year 2007

    Honda Civic is CNBC-TV18’s Autocar of the Year 2007

    MUMBAI: CNBC TV 18 announced its car of the year along with a host of other awards in the automobiles segment. Honda Civic drove away with the CNBC-TV18 Autocar Car of the Year Award 2007, while Bajaj Pulsar 220 DTS-Fi zoomed of as CNBC-TV18 Autocar Bike of the Year Award 2007.

    The Awards are presented by CNBC-TV18 and Autocar, an Indian auto magazine.

    CNBC-TV18 Autocar Auto Awards 2007 awards performance in the industry in 2006 based on a comprehensive set of attributes including design, technology, value and product experience.

    Winners at the ceremony are as follows:

    Car of the Year

    Honda Civic

    Bike of the Year

    Bajaj Pulsar 220 DTS-Fi

    Best value for money car

    Hyundai Verna

    Best design and styling

    New Toyota Camry

    Best driver’s car

    New Honda CRV

    Manufacturer of the Year

    Honda Siel

    Component Manufacturer of the Year

    Mico

    Variant of the Year

    Mercedes E-280

    Import Car of the Year

    Audi Q7

    Technologically Advanced Car of the Year

    Mercedes S 350

    CEO’s Most Preferred Car brand

    Mercedes

    Best City to drive in

    Delhi

    Car of the Year -Viewers Choice

    Honda Civic

    Storyboard Auto Commericial of the Year

    Tata Indica Xeta

    The award winning automotives that were shortlisted by a jury comprising of car designer Dilip Chhabria, rally champion Naren Kumar, Autocar India, editor, Hormazd Sorabjee, automobile historian Manvendra Singh, India’s leading automobile historian, Auto Show, consulting editor Renuka Kirpilani, flight navigator in Indian rallying, Rajeev Khanna and Autocar India, associate editor Shapur Kotwal.

    The Indian auto industry in 2006 saw the launch of international brands like the Mercedes E Class, General Motors’ Aveo, Hyundai Verna and Elantra. Renault, GM, Volkswagen and Honda declared their investment plans for India this year. Interestingly, its not only volume car makers who want a share of the Indian pie, but also luxury majors such as Audi and Rolls Royce.

    Commenting on the CNBC-TV18 Autocar Auto Awards 2007, a spokesperson of CNBC-TV18 said, “Since inception, the processes and expertise behind these awards ensure that they truly reflect the choices & sentiments of all stakeholders and justify their stature as benchmarks in Auto excellence. Not surprisingly, the CNBC TV-18 Autocar Auto Awards are the most trusted word on automobiles for consumers, manufacturers and auto experts alike. This year will be another valuable addition to that legacy”.

    Additionally, like last year, TNS honored the front-runners of the 2006 Total Customer Satisfaction studies in the four-wheeler and two-wheeler segments. The most trusted brands in the Indian automotive industry were awarded the ‘TNS Voice of the Customer Award’.

  • CNBC Awaaz lines up a slew of shows for 2007

    CNBC Awaaz lines up a slew of shows for 2007

    MUMBAI: CNBC Awaaz has lined up fresh new shows in 2007 like Smart Shopping with Tech2, Stree Super Achievers – II, What’s Cool and Hot , a brand new Capital Report, and Hafte ka Audit in a new avatar.

    The channel has also slated best of shows and seasons from careers, shopping, holiday destinations, cars or influential people, to wrap up the year 2006, asserts an official release.

    CNBC Awaaz will revive the year 2006 with programmes like:

    Best of Smart shopping

    22 December 4:30 pm – Gifting Special
    25 December 4:30 pm – Toys Special

    26 December 4:30 pm – Party Dressing for Gals

    29 December 4:30 pm – Party Dressing for Guys

    Weekend Masti on 30 December 11:30 am, Holiday Special will wrap up the year 2006 with a holiday special featuring the top national and international destinations. This special will also feature the best holiday packages for the New Year.

    Best of Khas Mulaqat on 30 December at 8:30 pm will see CNBC AWAAZ anchor Sanjay Pugalia in intense one-on-ones with the people who make a difference. The year end show will be a Khas Mulaqat special featuring excerpts from the most interesting episodes of Khas Mulaqat.

    Chalti Ka Naam Gadi on 30 December at 3:30 pm, the year end show will feature all the top cars that will hit the road in 2007. Experts comments, brand comparisons, pricing and technical analysis all and more.

    Hum Honge Kamyaab, Top jobs special on 23 December 4:30 pm The year end special will focus on the top jobs, best career option, courses and top premier institutes of the country. The show will educate the viewer on the best career choices of the year 2006 and what to expect from the Year 2007.

    Prime Property, Hot Spots 2007 a half hour episode on 30 December at 9:30 pm will give you a run down on the best cities and places to invest in real estate. Inter and intra city real estate comparisons in terms of quality of construction, facilities, location and infrastructure, adds the release.

  • CNBC US re-launches website

    CNBC US re-launches website

    MUMBAI: US business and financial network CNBC has re-launched its site CNBC.com. It is positioned as the world’s most comprehensive and authoritative digital destination for business. CNBC.com offers data, video and reporting of business and financial news to ensure investors get the information they need. CNBC.com features business videos available streaming live, on-demand and thoroughly integrated throughout the site.

    CNBC.com will produce and post videos from its new all-digital studio in Englewood Cliffs, N.J., together with CNBC Asia headquarters in Singapore and CNBC Europe headquarters in London and bureaus in every time zone around the world.

    CNBC president Mark Hoffmann says, “CNBC.com is the perfect online extension of our trusted global business news organization. We have created a truly integrated news gathering operation that leverages the assets and resources of CNBC and maximizes their potential for both TV and web platforms. CNBC.com delivers all the analysis and access viewers expect from CNBC while affording breadth, depth and personalisation features that simply aren’t possible on television. CNBC.com also offers users the chance to stay up-to- date with CNBC even when they cannot watch CNBC on their television.”

    Financial News for Your Needs: CNBC.com is designed to help viewers customise data and analysis for their own particular needs. Personalized tickers on CNBC.com are easy to create in order to track specifically designated companies. Tickers are detachable and can even be anchored on a viewer’s desktop.

    All components of CNBC.com have visible “tags” searchable across all media — video, text, charts, TV programming and user-generated message boards.