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Television News

Cable News Talent Wars Are Shifting To Streaming Platforms (axios.com) 77

The vacancies at cable news companies are piling up as networks and journalists begin to eye streaming alternatives. Axios reports: Why it matters: Primetime cable slots and the Sunday shows are no longer the most opportunistic placements for major TV talent.

Driving the news: Long-time "Fox News Sunday" host Chris Wallace is leaving the network after nearly two decades, he announced Sunday. He will be joining CNN as an anchor for its new streaming service, CNN+. Wallace will anchor a new weekday show and will contribute to the network's daily live programming, per CNN. It was his decision not to renew his contract with the network, which expired this year, CNN's Brian Stelter reported.

The big picture: Wallace marks the latest in a string of cable news host departures and shakeups in the past few weeks and months. There are now several holes cable bosses will need to fill in coming weeks. [...] Major networks are investing heavily to lure talent to streaming alternatives in light of the decline of linear television. CNN hired NBC News veteran Kasie Hunt as an anchor and analyst for CNN+, reportedly for a salary of over $1 million. It's hiring hundreds of new roles for the streaming service, set to launch next quarter. NBC News has already hired the majority of the 200+ new jobs it announced over the summer for its new streaming service and digital team, a top executive confirmed to Axios last month. One of its linear TV anchors, Joshua Johnson, moved full-time to host a primetime streaming show for NBC News Now. Fox News launched a new weather-focused streaming service in October. A Fox executive said last week the company is prepared to migrate Fox News to a streaming platform when the time is right. CBS News changed the name of its streaming service recently from CBSN to "CBS News" to represent a new streamlined vision for streaming.
"TV networks won't stop seriously investing in linear news programs until sports move out of the cable bundle, and that won't be for another few years," adds Axios.
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Cable News Talent Wars Are Shifting To Streaming Platforms

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  • It's not news cable is shrinking in place of Big Stream (no double entendre intended).

  • Long-time "Fox News Sunday" host Chris Wallace is leaving the network after nearly two decades, he announced Sunday. He will be joining CNN as an anchor for its new streaming service, CNN+. Wallace will anchor a new weekday show and will contribute to the network's daily live programming, per CNN. It was his decision not to renew his contract with the network, which expired this year, CNN's Brian Stelter reported.

    You mean ... I won't be able to foam at the mouth and snarl "Fox News!!!" at him anymore?

    He will now be considered automatically fair, reasonable, and sagacious?

    This is bad news!

  • If they run out of talking heads they could always just hire some of the print journalists they displaced, and give them lobotomies or drugs or something. Training, maybe.

    • If they run out of talking heads they could always just hire some of the print journalists they displaced ...

      Only the photogenic ones.

    • Re:What a load (Score:4, Insightful)

      by swell ( 195815 ) <jabberwock@poetic.com> on Tuesday December 14, 2021 @12:02AM (#62078105)

      If one wants news, print (or online text) is a good way to go. You can skip the ads and junk rather easily. The news itself can be scanned and large parts quickly ignored. That leaves the meat, the 'news you can use' which you can quickly absorb and act on where necessary.

      OTOH, the audio or video news is 'linear'- you can't easily scan or study a particular paragraph. You can only let it flow by. A 30 minute stream takes 30 minutes, or more if you have to back up for clarification on something. If it was text, you could scan it in 5 minutes. But you'd be missing the fascinating personality delivering the message.

      Consider skipping web sites for news. Each news page is covered with ads, slide shows, moving text and animated gifs. It is a hugely diffuse and distracting source of data. There might be a tiny headline and sentence of text that is relevant to you, if you can find it in the chaos. Instead, look for the RSS feed. It may be very hard to find, but it is a treasure. Your email program or a special feed reader can then receive stories from your favorite news sites without all the gobbledygook distractions. You'll have a list of headlines and a bit of supporting text. They will flow in every hour of every day. A click will bring 'the rest of the story', again often without the crap from the web site. You can even copy & paste items of interest for further action.

      You are now so far from the time wasting stream of 'news' from the big commercial sites or mass media that you can save hours per day and still be better informed about the news that matters to you.

      You may have concerns about Big Media and privacy and the scores of spyware scripts on those sites. You may have concerns about manipulation by opinion reporting and hidden agendas. Text reporting of 'just the facts, ma'am' offers a layer of protection. Persuasive personalities can't misdirect you as they do on certain visual/audio media. You are free to create your own opinions. And ultimately time is your most valuable possession. Make the best of yours.

      I've done this for decades. There is a bit of nostalgia when I visit someone and see the news on their TV. Those radiant personalities really seem to bring the news to life. Until you realize that another hour has passed and you are no better informed than you were.

      • Re: (Score:2, Informative)

        by Aighearach ( 97333 )

        I don't see ads, slide shows, moving text, or animated gifs when I visit a news page.

      • I'm currently seeing about 2,000 headlines a day in my RSS feed reader. Many duplicates, but sorted by title makes it easy to skip many. Use regex to sort out feeds you don't want to see. Adblocker in the RSS reader and browser and hosts blocking at the DNS level works great for me. Throw in a paywall bypass addons and a citation checker and so on and you'll be good to go. I always start my day with RSS, not loading up a bunch of webpages to see what's new.

  • I haven't watched live TV news for at least a decade bar for the occasional major event.
    TV news is like soft drink. Sweet but of no nutritional value.

    • by skam240 ( 789197 )

      Over 50's

    • I haven't watched live TV news for at least a decade bar for the occasional major event.

      You and me both, friend. I haven't watched TV news in decades because the info to fluff ratio is way too low. Oh, and I have no OTA reception and was too cheap to spring for cable.

      But we're weird. I'd love to look at the broadcast news demographics. My prediction is there's a huge divide by age. 50 and over? TV viewers. 30 and under? "I sit down at the TV when they say it's on, and if I don't, I miss it? And I can't back it up? Do I also power it by rubbing sticks together?"

  • by tiqui ( 1024021 ) on Tuesday December 14, 2021 @01:50AM (#62078231)

    . is NOT a part of it.

    Right wingers have been angry with Fox for having this talent-free hack, who's only famous as the son of a 60 Minutes icon, at the helm of its Sunday political talking heads show for many years. Wallace's departure will almost certainly cause Fox news ratings to climb - I personally know Fox junkies who deliberately do NOT tune in on Sunday for the Chris Wallace idiocy; they'll probably tune in to whoever replaces him.

    Seeing Wallace make the jump (to CNN's internet service, but notably NOT to Fox's internet service - a hint that it's NOT about net vs TV) and concluding it has something to do with a cable-to-internet trend, is like observing a team winning a football game on a full-moon evening, and concluding that wins by that team cause full moons.

  • For a moment or two, I thought that "f" was a "t".

  • Now that's risky. Might be a bridge too far, given their viewers only recently gave up rotary phones.

  • by Potor ( 658520 ) <farker1@gmai l . com> on Tuesday December 14, 2021 @05:19AM (#62078475) Journal

    Why it matters: Primetime cable slots and the Sunday shows are no longer the most opportunistic placements for major TV talent.

    Opportunistic refers to people (or organisms) taking advantage of circumstances. Thus a time slot cannot be opportunistic, but it can be opportune (i.e. favourable).

  • So the Cable News Network is now becoming the Fox Streaming News Network?

    Hiring ex-Fox presenters just because they got high ratings on Fox is neither building good journalism in your enterprise nor guaranteeing the presenter will get high ratings for their new home.

    Fox presenters get high ratings on Fox because they are adroit at pandering to the Fox audience. Unless they are good enough to change what they do in order to appeal to a different audience, they'll just turn CNN into Fox-lite which can neither

  • Seriously. Articles about how bad "cable tv" has it - now that we're out of the stone age - are about as interesting as articles lamenting the plight of lamp lighters or computer operators.
  • It's called Paramount+, and it replaced a different paid CBS stream. It's a bad idea to start another. Unless the paid CBS News stuff is included with Paramount+, then Viacom is competing against itself for the limited number of dollars people are willing to spend on streaming services.

    Come to think of it, isn't CNN doing exactly that as well, given that they are owned by TW, which puts CNN's stuff on HBOMax?

  • "TV networks won't stop seriously investing in linear news programs until sports move out of the cable bundle, and that won't be for another few years," adds Axios.

    That day can't come soon enough. It's absolutely infuriating trying to follow a sports team with streaming only. Sports broadcasts are very tightly tied to broadcast rights and cable subscriptions. The only solution, and they're all kind of mediocre, are the cloud DVR products (Fubo, YouTubeTV, etc.).

    What I want is pretty simple: a San Jose Sharks group on Netflix, where every game shows up, once, as it's played, and sticks around forever. Same with the pre-game and post-game shows. I don't want rebroadcast

  • by madsh ( 266758 )
    It is only the plot of one of the biggest tv show from one of the biggest companies ever - past season 2 Maybe âfeatures that mattersâ(TM)
  • Someone needs to work on this to replace Chuck Todd.

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