Written by: Tom Rieland
Date: January 4, 2010

Paul Kangas, who has been with NBR since its debut 30 years ago, retired Thursday. His successor, Tom Hudson, will take over tonight anchoring from Miami, where “Nightly Business Report” is produced by the public station WPBT. He will join the co-anchor Susie Gharib, who will continue to be based at the New York Stock Exchange. We understand the new Nightly Business Report will include cool sets, new graphics and music and a new roster of commentators.

The NY Times Sunday edition reported on the transition as follows:

Three decades ago, “Nightly Business Report” led the way in dedicated business coverage on television, but its turf was encroached upon by cable channels, including CNBC and Fox Business Network, public radio’s weekday “Marketplace” program and myriad Web sites and mobile apps that give consumers immediate access to financial data.

So, 19 months ago, the program hired Jim Russell, a news consultant who created “Marketplace” in 1989 and ran it for many years, to come up with a new approach.

“They were particularly concerned, and I believe properly so, that the show was old-fashioned,” Mr. Russell said. “When it was born 30 years ago, it was novel, exciting, radical, but 30 years had passed.” Today, he said, as he analyzed the problems, “nobody waited until 6:30 in the evening to get stock market information.”

The show’s mission, he said, would not change: “To educate its audience and empower viewers to make better financial decisions.” And it will still avoid hyperbole and sensation, he said, but it will focus “less on being the show of record in terms of what’s happening.”

In addition to more analysis and enterprise reporting, Mr. Ward said, “we’ve been working really hard with our reporters, producers and photographers about the way in which we tell stories,” to make the approach more conversational, and “not deliver a message from the mount.”

Those associated with the show are prepared for some audience complaints, but Mr. Russell said that by introducing the changes over a year, the evolution should be less jarring to dedicated viewers. “We’ve got a very critical audience, and I’m sure we will continue to hear from them,” said Ms. Gharib, adding, “So far, the feedback has been very positive.”

Ratings have been slipping but remain strong; Stuart Zuckerman, vice president for sales and marketing for “Nightly Business Report,” said the program in November drew an average 205,000 adult viewers ages 35 to 64 each night, putting it ahead of CNBC’s top-rated “Closing Bell.”

WOSU airs Nightly Business Report at 7 pm daily on WOSU HD.

Tom Hudson, new co-anchor of Nightly Business Report

Tom Hudson, new co-anchor of Nightly Business Report


  • tigersgrowl

    I never knew about that. Had I known, I would have listened to local radio because my data is capped within the first week due to all the 3G radio I listen to. This will be a great help however, I use the Kyrocera Event (don’t laugh, it was only $20 and I got a mortgage) with the Virgin Mobile service using the Sprint network. I contacted Virgin just now, we’ll have to see if they give me the run around as expected with most phone companies or not. If they do, I won’t give up there, I will consult the blogs and forums. If there is a way, I will find it.

    • Jessie

      @tigersgrowl, I also have Virgin Mobile and they use the Sprint network. I will call them also, but I would really appreciate if you post your updates.

  • Yoga Bear

    “I want my FM Radio! Unlock the FM chip in all smartphones you sell so I can get important emergency information when data networks are unavailable and reduce the amount of data I use each month.

    Thank you. I have a HTC one m7 I have looked and the phone has a FM chip and I have Verizon I have called there tech support and they told me all I need to do is find a radio app, you can’t find one that will work without the net, theses company’s just lies to get you off the phone, so I called HTC by the way Verizon told me not to do that, so me being one not to do what I’m told lol I called any ways, HTC told me that they will be updating to lollipop in a few months and then they’re going to come out with the update that send you a FM radio to your phone that they have been working on it for several months without any support from Verizon Wireless so they’ve taken it on their self to go ahead and make a program to turn on the FM chip so that it will work so that we can have free FM radio on our smartphones, we will see. I’ll give them two months if they don’t do it I’m calling back.

    • Joseph Ogidan

      I had a Nokia phone back in 2008 that had a radio. All I needed to activate it was my head phone, and it worked perfectly well.

  • jeremiah stansbury

    please its our rite we paid for the phone why cant we have fm radio it wont cost you any thing to keep the public informed

  • callthemanufacture

    you’re provider has nothing to do with this they do not make the phones so be sure to call the manufacture the provider does not have a way to unlock this so don’t blame them and give more information on fm chips besides call your provider

    • Irwin Busk

      You are very incorrect. The provider orders the phone with their preferred software load, and with certain features and applications locked. The carrier can provide an “unlock” code, but is not required to by law. many will do so, if you are near the end of your contract.

  • sm spfld ma

    Radio is not a right. I’m all for the chip being activated but come on. npr is using you to push their agenda and getting this activated. It’s a scarf tactic. We all got text messages from the weather service when the tornado was on its way to western ma. Say you did have a radio on the phone then; how many people would put the radio on? I Google the tornado then and got the info I needed. Don’t be fools: you’re bejng used by public radio cronies to get more people to listen to PUBLIC RADIO. It’s a cheap marketing initiative.

    • Mrpockets

      If you are all about activating the chip then why are you urging people not to ask for it? Sure it’s an agenda. Everyone has an agenda. For all we know, you could hold a bunch of stock in Pandora and are pushing your own agenda by trying to make people feel stupid for wanting access to something that they’ve always had. That’s what you sound like to me.

  • Floyd Durham

    I just contacted Virgin and they claimed to have no knowledge of any of this. I was told that basically it probably not real and that just because it says so on the internet it doesn’t mean anything. They don’t want people using it then they loose money for data use….Like the owner of Virgin needs more money..lol