Wednesday, February 25, 2009

Review - Business Channels

EXCLUSIVE: In America, there are two business channels which fight it out against each other for viewers - here in Australia we get access to both of these channels, so I decided to watch the two channels to see how each channel is reporting the Global Economic Crisis.

Fox Business: When I first think of Fox Business, I almost straight away think of Fox News & it's left-wing bias (would be a Labor bias in Australia), though to the channels credit - it has stayed away from the bias issue. Some of their anchors are really good (Neil Cavuto & Alexis Glick) & since the Global Economic Crisis, it has started broadcasting live on Saturday morning between 10am & 2pm ET (something CNBC doesn't do, instead stay's in taped programming) answering viewers questions. Though the one thing that bugs me about FBN is simply the lack of talent, we're talking about a Global Economic Crisis & if you only have reporters in America, you can't really report the rest of the picture. 8/10

CNBC: CNBC has been around since way before I was born & since then, has grown into having different international versions of the channel & changing as viewers demanded more & more. Looking at the talent list & there's plenty of great anchors & programs (Maria Bartiromo & Erin Burnett are the names that comes into most people's minds), though the problem I had with talent with Fox Business, isn't the same with CNBC - they have anchor teams in Europe & Asia with shows broadcasting from the two regions broadcasting overnights, giving an international view on the markets. The one problem I have with CNBC is that their tradition of broadcasting taped programming - while that would have been fine a few years ago, when you got your rival broadcasting live & you're still in taped programming, you should aim to fix it ASAP. 9/10

Result: While it was a close race, CNBC wins it with simply their anchor teams in Europe & Asia, giving American viewers an international view on the economic crisis.