CNBC kills "On the Money"

Richard Johnson of The New York Post reports that CNBC has killed “On the Money,” a personal finance show that it put on hiatus earlier this year.

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.

“On the Money” premiered in August 2008 and was moved to 9 p.m. when “Wall Street Crisis” 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 “The Big Idea.”