CNBC kills "On the Money"
Johnson writes, “CNBC’s low-rated 10 p.m. show — hosted by Carmen Wong Ulrich, the personal-finance expert and author of ‘Generation Debt’ — is said to be a victim of the success of documentaries like ‘Pleasure: Business of Porn’ and ‘The Age of Wal-Mart.’
“A spokesman for CNBC told Page Six, ‘Due to the tremendous success of our documentary program, we’ve made the tough decision to move resources to our long-form [docu-making] unit.'”
Read more here. In May, the show had been cut back from five nights per week to just Saturday night.
â€œOn the Moneyâ€Â premieredÂ in August 2008Â and was moved to 9Â p.m. when â€œWall Street Crisisâ€ premiered as a series of special reports based on the financial crisis. It moved to the 10 p.m. slot in December, taking over the slot from â€œThe Big Idea.â€