Don’t worry too much about CNBC’s lower ratings
Friedman writes, “But I can assure you CNBC’s management is privately irate about the talk that it’s displeased with Sorkin — or Bartiromo, for that matter. Officials correctly note that the two have built enviable personal brands.
“Sorkin’s Dealbook blog in the New York Times has emerged as a must-read for Wall Street. Bartiromo has few peers when it comes to repeatedly snaring high-profile interviews on camera.
“And yet, as the News piece noted, Nielsen ratings show that in the past year, the data for ‘Squawk Box’ have dropped 16% in total viewers and 29% in the essential 25-to-54 demographic. The Daily News suggested that the decline has accompanied Sorkin’s higher profile on the show.
“On one recent day, the News said, ‘Squawk’ generated its lowest total numbers of the year, 99,000.
“CNBC executives roll their eyes in disgust at such revelations. They insist that the Nielsen results don’t accurately reflect CNBC’s audience because CNBC’s viewers happen to be notably more affluent than those generally surveyed by Nielsen.”
Read more here.