Current affairs is a genre of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or are ongoing at the time of broadcast. This differs from regular news broadcasts that place emphasis on news reports presented for simple presentation as soon as possible, often with a minimum of analysis. It is also different from the news magazine show format, in that the events are discussed immediately. Commercial current affairs are cheap to produce averaging at $14,000 per broadcast hour, compared to drama television that was well over half a million dollars per hour. The UK's Office programmes such as Panorama, Real Story, BBC Scotland Investigates, Spotlight, Week In Week Out, and Inside Out also fit the definition. In Canada, CBC Radio produces a number of current affairs show both nationally such as The Current and As it Happens as well as regionally with morning current affairs shows such as Information Morning, a focus the radio network developed in the 1970s as a way to recapture audience from television. Additionally, newspapers such as the Private Eye, the Economist, Monocle, the Spectator, the Week, the Oldie, the Investors Chronicle, Prospect, MoneyWeek, the New Statesman, TIME, Fortune, the BBC History Magazine and History Today are all sometimes referred to as current affairs magazines.
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