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CNBC, New York Times and Vanity Fair recognised at US business journalism awards

June 30th, 2010 | No Comments | Posted by in Awards

Winners of the US-based business journalism awards, the Gerald Loeb Awards, were announced yesterday, with CNBC, the New York Times and Vanity Fair each claiming two awards.

New York Times assistant investigative editor Walt Bogdanich was given the Lifetime Achievement Award, while chief mergers and acquisitions reporter, Andrew Ross Sorkin was awarded a Loeb for his book, ‘Too Big to Fail’.

The awards were established in 1957 by Gerald Loeb, to honour journalists who contribute to the understanding of business, finance and the economy.

See a full list of the winners and their entries here…

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Reuters Insider embraces collaboration and ‘citizen experts’ in a new model for TV news

May 11th, 2010 | No Comments | Posted by in Broadcasting, Multimedia

Reuters’ new Insider platform officially launched today – described by the Financial Times as a YouTube for traders, it offers subscribers video news, interviews, market analysis, charts and more from Reuters and more than 150 content partners.

The project, which has hired a staff of more than 100 journalists and technical staff, sees a collaborative approach to news, featuring, as it does, programming from multiple news organisations:

  • CNBC, Sky, Forbes, ITN;
  • Regional media: China Knowledge, Russian TV, Eurobusiness Media, Africa Investor, ET Now;
  • Niche media: forextv.com, Telecomm TV, Dukascopy, The Deal.com and additionally Beet.TV, according to this announcement from the website.

We’re not in competition with CNBC. They’re a consumer play and we’re narrowcast. This is an opportunity for CNBC and other players to get a different set of eyes on their material – to get their programming directly integrated into the workflow of the financial professional. Right to their desktop alongside the market data they need to do business.

It’s also part of a more global approach we are told:

Reuters Insider operates as a single studio network and produces programming with a global perspective. For example, content that is produced out of Hong Kong serves our customers in all parts of the world. This is a fundamentally different approach to the way Bloomberg produces its global coverage, which is tailored for the local audience.

Major financial brands such as Citibank and HSBC will also provide content to the network – a nod towards businesses as their own publishers.

But perhaps the most innovative part of the platform, which is internet-based, is the ability for users to submit their own videos and personalise the network to their own needs:

Users can create their own channels based on personal and professional interests. This cutting-edge technology not only delivers the most relevant videos to that channel, but it delivers the most relevant 30 seconds of those videos. All videos are accompanied by charts, graphs, and most importantly, text transcripts that have highlighted search terms viewers can click on that bring them to that exact point in the video.

Viewers can also edit the video, email or instant message video clips, and in a groundbreaking move, they can self-broadcast research, market commentary, and video via their firm’s branded channel on Reuters Insider.

In previous experiments with video on its website and in its coverage of the World Economics Forum in Davos, Thomson Reuters has referred to the importance of ‘citizen experts’ – individuals amongst its clients and audience who can bring expertise and values insight to news alongside the reports of its journalists. The Insider network seems to take this a step further, increasing interactivity and the value placed upon expert information and analysis.

Reuters is confident that it’s offering something new with this launch – potentially a new model for television and video news:

Reuters Insider is the first of its kind and has the potential to lay the groundwork for the future of the media and television industries. While Thomson Reuters is targeting financial professionals, this model is something that can be adapted to television news in general, whether it’s entertainment, politics, etc.

This unique television experience transforms financial programming from a passive one-way broadcast into an interactive and powerfully personalized medium.

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TV news anchor faces law suit from rival channel

March 25th, 2010 | 1 Comment | Posted by in Journalism, Legal, Online Journalism

Via Livemint.com, an Indian business news site launched with the Wall Street Journal, comes a report of an extraordinary legal case in India.

I noticed this a while ago, but have only recently had this confirmed by Bloomberg UTV.

Indian business channel Bloomberg UTV is pursuing legal action against the managing editor of CNBC TV18, Udayan Mukherjee, following comments he made on air about a rival channel. It alleges his comments were ‘false’ and ‘slanderous and derogatory’ to the channel’s reputation.

In response, Mukherjee’s lawyers claim that he did not make any reference to Bloomberg, directly or indirectly.

You can see the original video at the centre of the row on Livemint.

Bloomberg UTV’s spokesperson confirmed to Journalism.co.uk that it has decided to go ahead with its RS 500 crore legal suit (around US$109 million).

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#followjourn: Lucy Fitzgeorge-Parker/business writer

March 22nd, 2010 | No Comments | Posted by in Recommended journalists

#followjourn: Lucy Fitzgeorge-Parker

Who? Business, travel and sailing writer (Updated 6/7/2010) Business and finance writer.

What? Former deputy editor at Business Traveller and sub-editor at the Independent, who is now a freelance journalist and editor. Fitzgeorge-Parker has had various articles published in the Daily Telegraph, CNBC Business online, EuroWeek, Euromoney and Business Traveller.

Where? Click here to see more about Lucy Fitzgeorge-Parker.

Contact? Follow @lucyfparker.

Just as we like to supply you with fresh and innovative tips every day, we’re recommending journalists to follow online too. They might be from any sector of the industry: please send suggestions (you can nominate yourself) to judith or laura at journalism.co.uk; or to @journalismnews.

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‘Jackass’ tweet raises question of on and off-the-record

September 16th, 2009 | No Comments | Posted by in Editors' pick, Online Journalism

Kanye West has apologised (at least four times) to Taylor Swift for interrupting her acceptance speech at the MTV VMAs to tell the crowd that Beyoncé should have got it, while ABC News has apologised for one its reporters tweeting about an ‘off-the-record portion’ of an interview between another television network and President Obama.

Too late really: the audio is out there thanks to TMZ and the tweet sent by Terry Moran had already done the rounds:

“Pres. Obama just called Kanye West a ‘jackass’ for his outburst at VMAs when Taylor Swift won. Now THAT’S presidential.”

Yes, hold the front page of the website (and they are) Barack Obama called Kanye West a jackass.

Politico reports an apology made by an ABC spokesperson:

“In the process of reporting on remarks by President Obama that were made during a CNBC interview, ABC News employees prematurely tweeted a portion of those remarks that turned out to be from an off-the-record portion of the interview.

“This was done before our editorial process had been completed. That was wrong. We apologise to the White House and CNBC and are taking steps to ensure that it will not happen again.”

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Silicon Alley Insider: CNBC bans ‘Fake Steve Jobs’ for challenging reporter

Dan Lyons, the blogger behind the ‘Fake Steve Jobs’ blog, has allegedly been banned from appearing on CNBC after calling out one of the channel’s reporters for his coverage of Steve Jobs’ health problems.

Full story at this link…

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FT.com: CNBC and LinkedIn combine business audiences

September 4th, 2008 | No Comments | Posted by in Editors' pick

Financial news channel CNBC and professional social network LinkedIn are forming an alliance, highlighting the growing importance of advertising to specialist online communities.

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