PBS' "Nightly Business Report" to Cease Production at the End of the Year

TV’s longest-running business news program, PBS’ Nightly Business Report, will reportedly cease production at the end of the year.

The broadcast, which premiered in 1979, was carried by 183 public television stations in all 50 states and reached 96 percent of all American households, according to its distributor, American Public Television (APT). CNBC, which picked up the show in 2013, has decided to end its relationship with Nightly Business Report.

“The NBR co-anchors, executive producer and entire CNBC team have been strong partners in delivering this trusted business news service,” Cynthia Fenneman, APT president and CEO, said in a statement. “This is smart television which will be deeply missed.”

“CNBC has made the difficult decision to stop producing Nightly Business Report at the end of this year,” the network said in its own statement. “We would like to give a special thanks to the loyal viewers as well as our partners American Public Television and WETA, our presenting station.”

Nightly Business Report will cease production after Dec. 27. APT reportedly learned of the decision on Nov. 4. “We were just sorry to hear they made that decision,” an APT spokesperson said. “From our perspective, it was a business decision.”

PBS is apparently discussing options with BBC News to fill the Nightly Business Report timeslot.