CNBC is launching “Squawk Alley,” a new weekday show that will “focus on the intersection of Wall Street and technology.” Beginning Monday, the show will air at 11amET, replacing the third hour of “Squawk on the Street.”
“Squawk Alley will be a destination for new ideas and new technologies as well as for breaking news and analysis on the titans of the technology industry. As always, the discussion will take place through the classic CNBC prism of money and investing,” CNBC senior vice president and editor-in-chief Nik Deogun wrote in a note to CNBC staff this morning.
Carl Quintanilla will anchor “Squawk Alley” from the New York Stock Exchange. He will be joined by an ensemble including Jon Fortt, CNBC’s on-air tech editor, and Kayla Tausche. Todd Bonin, the executive producer of “Squawk on the Street,” will also oversee “Squawk Alley.”
Deogun also announced that Sara Eisen, a frequent contributor to “Squawk on the Street,” has been promoted to the anchor of the 10amET hour.
Deogun’s full note, after the jump.
From: Lavin, Jeannine (NBCUniversal)
Sent: Thursday, May 15, 2014 11:15 AM
To: @NBC Uni CNBC – Business News
Subject: Announcement on Behalf of Nik Deogun
Over the years, Squawk Box and Squawk on the Street have helped make CNBC the gold standard of business news television through a mix of top-notch insight from the best and brightest, groundbreaking interviews and clever production.
I am pleased to announce that starting Monday, Squawk will have a new offspring: Squawk Alley.
The program, which will air weekdays at 11 am ET/8 am PT, will focus on the intersection of Wall Street and technology, a place where stories of innovation and disruption collide with capital markets and the global economy. Squawk Alley will be a destination for new ideas and new technologies as well as for breaking news and analysis on the titans of the technology industry. As always, the discussion will take place through the classic CNBC prism of money and investing.
Anchored from the New York Stock Exchange by the award-winning Carl Quintanilla, one of the foremost business journalists, the ensemble will include Jon Fortt, CNBC’s on-air tech editor who has covered the sector for 15 years, and Kayla Tausche, who will bring her reporting firepower to a new beat focusing on the industry’s big money backers — from the venerable Wall Street banks and venture capitalists to the emerging class of angel investors and crowd funders. The team will be joined regularly by CNBC’s all-star contributors, notably Jon Steinberg, the outgoing president and COO of BuzzFeed, as well as CNBC journalists on the ground in the Bay Area and Los Angeles. The program will also leverage the insight and news scoops of Kara Swisher, Walt Mossberg and the rest of the ace team from our partners at Re/code.
In addition to our emphasis on technology, we will focus on our core coverage during that hour; breaking news and major stories affecting our viewers and the markets will always get top billing. At 11:30am ET/8:30am PT, we will pause, as we do now, for a key turning point in the trading day, the closing bell across European stock exchanges. Similarly, the program will continue to have updates and commentary from the trading pits in Chicago with the indomitable Rick Santelli.
Needless to say, just as technology increasingly infuses nearly every business story, news and analysis about the tech sector isn’t going to be confined to Squawk Alley. Every program during Business Day will continue to embrace and showcase stories that capture the conflict and dynamism inherent in modern technology.
Todd Bonin, the executive producer of Squawk on the Street, will also oversee Squawk Alley.
Finally, I am pleased to formally announce that Sara Eisen, who has been so ably contributing to Squawk on the Street, will permanently join the team as a co-host of the 10 am ET/7 am PT hour, effective immediately.
Please join me in wishing everyone the very best for this exciting new chapter.