CNBC has acquired the rights to "Nightly Business Report" from investment firm Atalaya Capital Management, and starting March 4 will produce the program from its New Jersey base. The longtime public television show has struggled in recent years to find funding and was dropped by PBS two years ago. Under CNBC's ownership, it will continue to be distributed by American Public Television to 180 outlets, while CNBC will look for new underwriters. CNBC's Tyler Mathisen will be paired with co-anchor Susie Gharib; co-anchor Tom Hudson is exiting.
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