Posted on 05/08/2013 6:31:50 AM PDT by Zakeet
Nowhere is [the result of mainstream media bias] more obvious than in the relentless imploding viewership of once financial media titan, CNBC, which lately has become a sad, one-sided caricature of its once informative self, whose only agenda is to get the most marginal Joe Sixpack to dump his hard-earned cash into 100x P/E stocks, and where according to data from Nielsen Media Research, the total and demographic (25-54) viewership during the prime time segment (9:30am - 5:00 pm) just tumbled to 216K and 40K - the lowest recorded viewership since mid 2005 and sliding.
So why the relentless collapse in CNBC viewers, which in turns leads to plunging ad revenues (aside from our observations from last summer on just this topic) and which has forced the station to even resort to muppets as a cheap ratings-boosting gimmick? Perhaps it has something to do with outbursts like this, where 13 minutes into the clip, one Jim Cramer tells the camera point blank when discussing daily market gyrations, and with absolutely no remorse, that "I want everyone to play that game at home by recognizing that fraud is part of the equation and the government cannot stop it."
That's right: on one hand CNBC's most overcaffeinated anchor admits that the market is nothing but uncontrollable fraud, and on the other he beckons viewers and listeners, usually with the assistance of assorted bovine sounds, to "buy, buy, buy."
Perhaps the greater fool is truly dead, or simply the embedded hypocrisy of the CNBC stock "infomercial" is so transparent that nobody really cares what the Comcast subsidiary's paid entertainers have to say any more.
(Excerpt) Read more at zerohedge.com ...
We still don't understand why people won't take us seriously any more ...
Another newser wank is in the tank ... ping.
How does it compare to Fox Business?
Blowhard Jim Cramer’s Daily Booyah would tout, “what’s not to like?”
I think they are currently finding out that hockey is perhaps the best thing they could put on there.
I was a CNBC geek for years - and on that network you really could find some sane voices explaining how liberalism crashed the economy in 2007, etc. And of course you had Rick Santelli’s rant that launched/named the tea party movement.
But it’s gone downhill steadily and fast. Joe Kernan (weak at best anyway) is greatly outnumbered, and has almost given up. It’s unwatchable now. And with ESPN on all gay all the time now, there are no options - but having ones coffee outside.
Shiort & Sweet....CNBC Stinks!!!
I don’t know about ratings-wise as I think CNBC is in more homes, but as far as content and presentation (and, of course, babes) are concerned, Fox Business kicks CNBC’s butt.
I have DirecTV... when my 3-year-old granddaughter's in the room, I just switch it to the Irish music channel. It refreshes the soul!
Bloomberg, liberal though it is, at least gives viewers some information. CNBC’s nasal-voiced chatterbox, Joe Kernan, is supposed to be the token “conservative,” it seems, but he’s no better than the little NYT boy-reporter when it comes to pushing big government and a managed economy.
They are on the Obama reservation, beating the drums for this “great economy” and the phony stock market boom. Never mind the man behind the curtain, Helicopter Ben, who is pumping devalued dollars into the market to prop it up till infinity...or until a Republican gets into office.
True.
I love FOX Business but in order to have it through Direct TV you have to subscribe to another layer of programming which is more than I choose to spend right now. When I did have it, it was the only FOX Channel I watched and, IMO, the only one worth watching.
The only time I watch FOX on cable is when Neil Cavuto is on in the afternoon for an hour.
It’s because they keep moving left! And they have idiots on repeatedly. The lenghty interviews with Warren Buffet are worthless. Ditto the recent interview will Bill Gates. Watching paint dry would have been more interesting.
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