Regarding business coverage, I think it helps that with the WBR and Business Live, they cover the harder business stories, which leaves Breakfast with their consumer skewed bulletins.
However, I would say that even the main business bulletins provided by BBC Business on both the NC and World are more accessible to a general audience than the more specialist offerings on Bloomberg or CNBC.
Business bulletins during the day have always seemed slightly redundant when the people really interested in stock market figures and exchange rates are likely in work anyway, and getting their data from something much more sophisticated than a brief hourly update on a news channel.
Business bulletins during the day have always seemed slightly redundant when the people really interested in stock market figures and exchange rates are likely in work anyway, and
getting their data from something much more sophisticated
than a brief hourly update on a news channel.
Well you say that, but Bloomberg terminals always remind me of teletext…
Business bulletins during the day have always seemed slightly redundant when the people really interested in stock market figures and exchange rates are likely in work anyway, and
getting their data from something much more sophisticated
than a brief hourly update on a news channel.
Well you say that, but Bloomberg terminals always remind me of teletext…
I know the BBC has a Bloomberg Terminal or two but what do they get out of it (aside from $24K/year for a single terminal) that's different from the other news sources? I remember when Business Live was World only they would go to the business newsroom and zoom in on the terminal.
I imagine the Terminal hasn't changed because of a) old financial type that don't want to learn a new system and b) if they change it up / make it more complicated it could cost its subscribers a ton in lost money.
Business bulletins during the day have always seemed slightly redundant when the people really interested in stock market figures and exchange rates are likely in work anyway, and
getting their data from something much more sophisticated
than a brief hourly update on a news channel.
Well you say that, but Bloomberg terminals always remind me of teletext…
I know the BBC has a Bloomberg Terminal or two but what do they get out of it (aside from $24K/year for a single terminal) that's different from the other news sources? I remember when Business Live was World only they would go to the business newsroom and zoom in on the terminal.
I imagine the Terminal hasn't changed because of a) old financial type that don't want to learn a new system and b) if they change it up / make it more complicated it could cost its subscribers a ton in lost money.
If you want detailed financial information that isn't delayed, and have journalists with the financial skillset to interpret the data, then I suspect having it available is very useful. It lets you do actual journalism, rather than waiting for other people to and then post it on wires?
I think it's an extremely complex display which, to be honest, only actually means anything to professional city workers, stockbrokers etc. Occasionally a graph will be zoomed into (graphs showing massive zig-zags and/or sharp drops or rises are more instantly understandable) but really the data is useful to the business journalists working in the unit, but not much more than that. The other time it's used on screen is for announcements of interest rate decisions and so on - again usually via a correspondent standing by the terminal who can explain what it all means. While having the terminal has a cost, using live data on screen and exporting live data a to your graphics system or website (for example) has a different, much higher cost. Using Bloomberg data in this way is much like subscribing to any newswire agency feed as a source for your news material.
And on the earlier point of why business programmes are still made when city workers are all working and have access to the live data anyway, well one reason is that unlike news programmes, a separate business programme (on BBC World News anyway) can be sponsored.
I think it's an extremely complex display which, to be honest, only actually means anything to professional city workers, stockbrokers etc. Occasionally a graph will be zoomed into (graphs showing massive zig-zags and/or sharp drops or rises are more instantly understandable) but really the data is useful to the business journalists working in the unit, but not much more than that. The other time it's used on screen is for announcements of interest rate decisions and so on - again usually via a correspondent standing by the terminal who can explain what it all means. While having the terminal has a cost, using live data on screen and exporting live data a to your graphics system or website (for example) has a different, much higher cost. Using Bloomberg data in this way is much like subscribing to any newswire agency feed as a source for your news material.
Yes - some financial journalists are former city workers who decided to change careers, so will know how to interpret the data properly.
Quote:
And on the earlier point of why business programmes are still made when city workers are all working and have access to the live data anyway, well one reason is that unlike news programmes, a separate business programme (on BBC World News anyway) can be sponsored.
Yes - and there are plenty of 'arm chair' investors in the UK too - which was the intended audience for shows like 'Working Lunch' (RIP)
They kept that quiet if this is the case. I'm doubtful, though. It's not as if this morning's presenters signed off with "Dan and Louise will be back tomorrow morning from 6am with something of a new look".
They're doing a "Wild Britain" week this week on Breakfast, though - all about how isolated parts of the UK feel about issues - so I imagine Mobbs is referring to special stings or swipes for that. Dan Walker filmed a short promo for it, implying that the red sofa would be touring these parts of the UK. Nothing long-term or major.
Having said that, it would be nice to see those Media City UK top of the hour stings that we had during Olympics fortnight re-introduced.
Last edited by Custard56 on 4 September 2016 2:07pm