Gasparino: The business press did not blow it
CNBC‘s Charles Gasparino, in an interview with Lawrence Delevingne of The Business Insider, argues that the business news media is not to blame for not seeing the clues to the economic upheaval of the past two years. Gasparino states, “No, and that’s the whole thing. Listen, I’ve been an investigative reporter my whole life. Generally, […]
CNBC's Gasparino tells sources where they can go
Moe Tkacik of New York magazine interviewed CNBC’s Charles Gasparino about covering Wall Street and his new book, “The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System,” and the discussion came around to Gasparino’s relationship with sources. Here is an excerpt: The tone of your book is […]
CNBC's morning scratch problem
A lot has been written about CNBC’s drop in ratings in October when compared to the same time period a year ago. Some think it’s a big deal, while others don’t. A more interesting angle to CNBC’s results, however, is to look at the performance of its top morning show, “Squawk Box,” which airs from […]
Cramer talks about show
CNBC “Mad Money” host Jim Cramer was at the University of Oklahoma on Friday for a taping, and Don Mecoy of The Oklahoman talked to him about his show. Mecoy writes, “‘I’m an entertainer about business — a business entertainer,’ he said a few hours before taping his show while at OU. ‘I’m a televangelist […]
Drop in CNBC viewers nothing to worry about
Jay Yarow of The Business Insider writes Wednesday that the big drop in CNBC‘s October ratings compared to last year aren’t a concern because viewers were glued to the network a year ago due to the Wall Street turmoil and the upcoming election. Yarow writes, “Last October was the middle of financial Armageddon. But over […]
CNBC viewership drops dramatically in October
CNBC‘s overall viewership fell 52 percent in October and dropped 49 percent in the key 25 to 54 age demographic, according to data posted Tuesday on the Zero Hedge site. The business news network’s total viewership fell to 240,000, down from 502,000 in the same month a year ago. In the 25 to 54 age […]
Getting biz reporters to care about a boring topic
Allen Wastler, the managing editor of CNBC.com, writes about getting his staff members to care about writing about boring topics such as net neutrality. Wastler writes, “This is a particular problem for news managers (that’d be, cough, me). We know that a certain story is really important. But our editors and reporters tend to drag […]
CNBC error hurts Microsoft stock
Numerous reports note that CNBC‘s Jim Goodman erroneously reported earlier today that Microsoft was lowering its revenue guidance, sending its stock lower until the business news network corrected the mistake. WallStreetPit.com reports, “CNBC made hay about it, talking about how Jim’s report had affected the DOW and the NAZ, and they had a bunch of their […]
CNBC to launch Korean biz channel with partner
CNBC announced Thursday that is plans to launch a 24-hour Korean business news channel with the Seoul Broadcasting System that will launch in January. SBS is the only private nationwide broadcasting company out of three in South Korea. It also has a portfolio of highly successful Pay TV channels including: SBS Golf, SBS Plus (Drama […]
Jarvis has left CNBC
Popular CNBC reporter Rebecca Jarvis has left the network, according to multiple reports. Chris Ariens of TVNewser reports, “CNBC spokesman Brian Steel confirms with TVNewser, ‘Rebecca is no longer with CNBC, and we wish her the best.’ “Jarvis, who was the runner-up on season four of ‘The Apprentice,’ joined CNBC in 2006. She was last […]
