Target Market News

THE LATEST NEWS
Pamela Thomas-Graham leaves CNBC for Liz Claiborne post

By Linda Moss
MultiChannel News
(Sept. 19, 2995) CNBC chairman Pamela Thomas-Graham is leaving television for the fashion industry, joining Liz Claiborne Inc. as group president, officials said Monday. Thomas-Graham, 42, will have oversight for the flagship Liz Claiborne business, as well as its Sigrid Olsen, J.H. Collectibles, Emma James, Intuitions and Tapemeasure brands, effective Oct. 10.

For four years, Thomas-Graham served as president and CEO of CNBC, which has struggled to find the right programming formula for financial news, particularly in primetime. In February, she was moved up to the post of chairman, with NBC Universal bringing in Mark Hoffman, who had been head of NBC’s WVIT in Connecticut, as president of CNBC in an apparent attempt to turn its ratings around.

Prior to joining the cable network, Thomas-Graham was president and CEO of CNBC.com, the channel’s Web site, which is now MSN Money. She joined CNBC in 1999 from McKinsey & Co., where she was the management consulting firm’s first black female partner.

In a prepared statement, Thomas-Graham said she worked with several apparel companies when she was at McKinsey.

“While we regret losing Pamela as a colleague, we congratulate her on her new position,” NBCU chairman Bob Wright said in a prepared statement. “As CEO and then chairman of CNBC, Pamela led the network through a most challenging era in business-news reporting. The network has retained its strong profitability, and the CNBC audience continues to be among the wealthiest in all of cable television.”

Nonetheless, CNBC has seen its ratings drop over the past few years, with Wall Street’s go-go days over, the Internet bubble burst and, ofttimes, business news translating to bad -- not good -- news.

This summer, CNBC’s primetime and total-day ratings were a 0.1, flat versus last summer, according to a Disney ABC Cable Networks analysis of Nielsen Media Research data.

In addition, CNBC will face a challenge from News Corp., which is planning to launch a business-news network.

People On The Move
Carla Ferrell named producer for Steve Harvey

Clear Channel New Orleans OM Carla (Boatner) Ferrell has been named producer for Premiere Radio Network's newly syndicated Steve Harvey Morning Show. She will work from Premiere Radio Networks' New York offices, where she has relocated from New Orleans.

Ferrel joined Clear Channel in in the spring of 2003. Prior to that, she was assistant program director and music director at WGCI in Chicago. She started her radio career as music director at KMJQ in Houston.

Carla Griffin named urban ad sales manager

ABC Radio Networks has been appointed account manager of Urban Sales for the network's southeast region. Griffin will oversee new business development for the Dallas and Atlanta offices and will report to Vice President of Multicultural Sales Don Moore in Chicago.

Go to Target Market News homepage


Saturday, September 10, 2005 HOME \| STATS \| PUBLICATIONS \| REGISTER \| CONTACT US
Departments Advertising & PR News Marketing News TV & Cable News Radio News Magazine News Newspaper News Internet News Retailing News Consumer Research Expenditure Data People in the News Industry News Company Bios and Background Register Here STAY IN-THE-KNOW! Are you getting the latest industry news when it happens via e-mail? Click here for free delivery of the Target Market News Bulletin You'll receive news of breaking stories, exclusives, updates and headlines on the latest developments in African American marketing and media Black Stats Frequently requested data on African American consumers Black Buying Power: $656 Billion (2003) Black U.S. Population: 38.3 million Top Five Black Cities - New York - Chicago - Detroit - Philadelphia - Houston Top Five Black Metros: - New York-New Jersey - Washington-Baltimore - Chicago-Gary - Los Angeles - Philadelphia Top Five Expenditures: - Housing 145.2 bil. - Food 56.5 bil. - Cars/Trucks 32.6 bil. - Clothing 23.0 bil. - Health Care 18.0 bil. Click here for more stats from "The Buying Power of Black America." ______________________ Get quick access to key U.S. Census Bureau Data Click here to go to African-American Census Bureau data _____________________ Copyright `© 2005 by Target Market News Inc.` All rights reserved Business address: 228 S. Wabash Ave. Suite 210 Chicago, IL 60604 t. 312-408-1881 f. 312-408-1867 info@targetmarketnews.com	THE LATEST NEWS Pamela Thomas-Graham leaves CNBC for Liz Claiborne post By Linda Moss MultiChannel News (Sept. 19, 2995) CNBC chairman Pamela Thomas-Graham is leaving television for the fashion industry, joining Liz Claiborne Inc. as group president, officials said Monday. Thomas-Graham, 42, will have oversight for the flagship Liz Claiborne business, as well as its Sigrid Olsen, J.H. Collectibles, Emma James, Intuitions and Tapemeasure brands, effective Oct. 10. For four years, Thomas-Graham served as president and CEO of CNBC, which has struggled to find the right programming formula for financial news, particularly in primetime. In February, she was moved up to the post of chairman, with NBC Universal bringing in Mark Hoffman, who had been head of NBC’s WVIT in Connecticut, as president of CNBC in an apparent attempt to turn its ratings around. Prior to joining the cable network, Thomas-Graham was president and CEO of CNBC.com, the channel’s Web site, which is now MSN Money. She joined CNBC in 1999 from McKinsey & Co., where she was the management consulting firm’s first black female partner. In a prepared statement, Thomas-Graham said she worked with several apparel companies when she was at McKinsey. “While we regret losing Pamela as a colleague, we congratulate her on her new position,” NBCU chairman Bob Wright said in a prepared statement. “As CEO and then chairman of CNBC, Pamela led the network through a most challenging era in business-news reporting. The network has retained its strong profitability, and the CNBC audience continues to be among the wealthiest in all of cable television.” Nonetheless, CNBC has seen its ratings drop over the past few years, with Wall Street’s go-go days over, the Internet bubble burst and, ofttimes, business news translating to bad -- not good -- news. This summer, CNBC’s primetime and total-day ratings were a 0.1, flat versus last summer, according to a Disney ABC Cable Networks analysis of Nielsen Media Research data. In addition, CNBC will face a challenge from News Corp., which is planning to launch a business-news network. People On The Move Carla Ferrell named producer for Steve Harvey Clear Channel New Orleans OM Carla (Boatner) Ferrell has been named producer for Premiere Radio Network's newly syndicated Steve Harvey Morning Show. She will work from Premiere Radio Networks' New York offices, where she has relocated from New Orleans. Ferrel joined Clear Channel in in the spring of 2003. Prior to that, she was assistant program director and music director at WGCI in Chicago. She started her radio career as music director at KMJQ in Houston. Carla Griffin named urban ad sales manager ABC Radio Networks has been appointed account manager of Urban Sales for the network's southeast region. Griffin will oversee new business development for the Dallas and Atlanta offices and will report to Vice President of Multicultural Sales Don Moore in Chicago. Go to Target Market News homepage	11th Annual Edition Available 'Buying Power' report reveals surge by black households for consumer electronics Despite tighter economic times, African-American households are significantly increasing their expenditures on consumer electronics for the home, according to the newest edition of The Buying Power of Black America report. In many categories such as video games, televisions, CD players, cable TV service and sound equipment, black households are spending more on average than their white counterparts. According to the 103-page report, black households had $656 billion in earned income in 2003, an increase of 3.9% over the $631 earned in 2002. Read more and see the latest expenditure figures for black consumers SUBSCRIBE TODAY! The trade publication for in-depth coverage of Black Consumer Marketing and Media news ORDER THE WORKBOOK NOW! The sixth annual event examining the latest trends, findings and practices in marketing to African-American consumers Presentations from: America Online Arbitron Inc. Burrell Carol H. Williams Advertising E. Morris Communications Ethnic Print Media Group GlobalHue Hunter-Miller Group Images USA Nia Online NSights Worldwide LLC On Wheels Inc. R.J. Dale Advertising & P.R. Target Market News U.S. Census Bureau ...and more!