SAN FRANCISCO, April 14 /PRNewswire/ -- CBS Newspath has launched a new,
enhanced daily business report for television. The report is produced in
conjunction with CBS MarketWatch, the Network's online business information
service, said John Frazee, Vice President of News Services for CBS News, and
Larry Kramer, Chief Executive Officer and President of CBS MarketWatch.
The report, presented by CBS MarketWatch Correspondent Betsy Karetnick,
offers timely information -- including breaking news -- targeted to the savvy
individual investor. Karetnick also provides a daily CBS MarketWatch business
segment to UP TO THE MINUTE, CBS News' overnight broadcast.
The new daily CBS Newspath feature includes graphics driven by the CBS
MarketWatch database, which provides the most accurate up-to-the-minute market
information on the World Wide Web at CBS.MarketWatch.com. The reports include
a West Coast update when business news warrants.
"This is a natural for us," said Kramer. "Our financial news on the Web
is as real-time as it gets and is a perfect fit for CBS television reports,
and business coverage on CBS affiliates."
Future plans include business report live shots for CBS affiliates'
morning news broadcasts, which can also take advantage of the exclusive CBS
MarketWatch graphics that track the most active stocks in that station's
market. Affiliates will have the opportunity to cross-promote the daily CBS
MarketWatch report with the CBS MarketWatch website (cbs.marketwatch.com) and
their own locally reported business information.
Karetnick brings a wealth of business reporting experience to CBS
MarketWatch. "I have seen Betsy do it all: live market reports, CEO
interviews, breaking business news. She's a pro among pros," said Thom
Calandra, editor-in-chief of CBS MarketWatch.
Karetnick served, for the past seven years, as an anchor, reporter and
producer for Dow Jones Television, appearing on the weekly syndicated program,
The Wall Street Journal Report. Karetnick was a reporter for WBIS+, the Dow
Jones-owned television station in New York City. In addition, she was the New
York anchor for Dow Jones' daily World Market Outlook broadcasts to Europe and
Asia.
CBS Newspath, a unit of CBS News, is the largest satellite news gathering
network in the world. It provides a full spectrum of services for CBS
affiliates to use in producing their news broadcasts. CBS Newspath is a part
of each station's daily editorial process, assisting in the coordination,
exchange and distribution of news from around the country and around the
world. In addition to its New York City headquarters, CBS Newspath has
16 regional offices to coordinate news services for CBS affiliates and
clients. The service is recognized throughout the industry for its leadership
in SNG (satellite news gathering) development.
CBS MarketWatch is the premier financial Internet supersite for the
individual investor, business professional and the general public. The
service, which features reports from a team of journalists around the U.S., as
well as leading investment professionals such as Frank Cappiello, Elaine
Garzarelli, Paul Erdman and economist Irwin Kellner, is a joint venture
between CBS News and Data Broadcasting Corporation (Nasdaq: DBCC) and delivers
news and real-time financial data and analysis.
SOURCE CBS MarketWatch
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Related links:
http://www.cbsmarketwatch.com
Company News On-Call: http://www.prnewswire.com or
fax, 800-758-5804, ext. 107693
CONTACT:
Thom Calandra, 650-571-1800, or
tcalandra@marketwatch.com, or Larry Kramer, 650-571-1800, or
lkramer@marketwatch.com, both of CBS MarketWatch
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