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Finally Some Good News! CNBC Viewership Down 28%

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July 31, 2009 – Comments (9) | RELATED TICKERS: GE

Zerohedge breaks the story here: Submitted by Tyler Durden on 07/30/2009 The bloodbath at GE's propaganda station has reached critical levels: according to Nielsen, CNBC has lost 28% of viewers year over year, and 24% in the 25-54 age group category. This is obviously a stunning failure in an environment where the top stories on any other medium are finance and economy related. Maybe if they were to actually report objective news, Jeff Immelt would not have to scratch his head in wonderment, pondering how to generate ad revenue and something even remotely resembling positive cash flow. Then again what are the poor anchors to do since the infamous Immelt memo made the rounds. At least GE stock is up: and for that GE, Barney Frank and Goldman Sachs, deserve a golf clap.

Oh, and Larry, with a 46% drop, you may want to reevaluate your content strategy.

But for all intents and purposes, CNBC's core viewership has spoken and it openly demands more of Amanda Drudy's enhanced cleavage.

Take a look here:

http://www.zerohedge.com/sites/default/files/images/Nielsen.jpg

Come Classic CNBC Moments:

Jim Cramer explains how HE manipulated the stock market and what tools were used to make things go his way.

9 Comments – Post Your Own

#1) On July 31, 2009 at 12:20 AM, abitare (38.89) wrote:

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#2) On July 31, 2009 at 12:27 AM, abitare (38.89) wrote:

The best, when he calls for inflation for his friends:

Of course after this tantrum, Barons did a hit peice:

BARRON'S COVER  

Shorting Cramer

By BILL ALPERT


Jim Cramer puts on a great show, but his Mad Money stock picks have underperformed the market over the past two years. A careful look at the maven's track record -- and one way to win. Reader's comments: Check out what our readers think.

http://online.barrons.com/article/SB118681265755995100.html

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#3) On July 31, 2009 at 1:05 AM, awallejr (79.68) wrote:

Actually kind of glad to hear this.  I find the station unwatchable and prefer Bloomberg more.  Bloomberg even has some pretty good looking babes too.  I like Bernie Lo's show as well.

Eventually Cramer will be canned. I have to believe most of his viewers lose money following his advise simply because he churns too quick for his audience to follow.  He never did take Jon Stewart's advice and actually "report" instead of just clanging pots and pans.

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#4) On July 31, 2009 at 7:54 AM, TigerPack1 (88.76) wrote:

I average about 10 minutes of CNBC per month.

I find it much easier to think independently and clearly, plus trade against the crowd, when they are not blaring their wisdom in my ears all day long.

I do my best research and decision making if I stick to the silent internet and newspapers when crunching numbers.

-Tiger's Two Cents.

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#5) On July 31, 2009 at 8:46 AM, abitare (38.89) wrote:

funny animated gif

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#6) On July 31, 2009 at 9:09 AM, outoffocus (23.24) wrote:

You mean the GDP not being as bad as expected isnt good news?

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#7) On July 31, 2009 at 9:13 AM, MattH42004 (29.90) wrote:

If there was ever any doubt about the general disdain that is inspired by both Kudlow and Kneale this puts it to rest. Kudlow down 46% yoy, HA, and Kneale is so horrible he manages to be down 42% yoy when the base comparison was Suze freaking Orman! CNBS is useless, the only thing that was ever worth the occasional glance was Fast Money, and I think it has gone downhill fast. Judging by its 39% yoy drop I think I'm not the only one who feels that way.

"But for all intents and purposes, CNBC's core viewership has spoken and it openly demands more of Amanda Drudy's enhanced cleavage."

Correction, I just found two more reasons to periodically check in...Damn... 

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#8) On July 31, 2009 at 11:43 AM, FleaBagger (28.28) wrote:

I like how Cramer openly admitted that lowering the rate is about saving the jobs of his super-rich buddies. Also, the comment #1 video reminded me of this (and the rest of the story arc):

http://www.hulu.com/watch/78395/web-therapy-office-politics-part-1#s-p3-so-i0

link

I'll let someone with leet embedding skills embed that.

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#9) On July 31, 2009 at 5:40 PM, ttboydxb (28.84) wrote:

On Bloomberg you can wake up to Betty Liu (hot) and Dierdre Bolton (hottest) at the same time!!  I love Bloomberg!

 

And i think their news is better, blah blah blah...

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