Douglas McIntyre of 24/7 Wall Street reports that business news cable network CNBC is making sure that its regular guests don’t show up anywhere else.
McIntyre wrote, “Perhaps GE (GE) unit CNBC should let Fox Business succeed or fail on its own merits. Threatening guests who appear on Fox with banning them from CNBC seems a bit thuggish.
“In a note to Fox producers an executive at Jefferies & Co. said he could not appear on the new network without losing his place on CNBC. Arthur R. Hogan, the Director, Global Equity Product at the investment bank, wrote Fox ‘CNBC has put pressure on me not to do spots for any other business news stations.’
“CNBC executive editor Nick Dunn must not think he can compete with Fox head-to-head. In another e-mail quoted by ‘Inside Cable News’ he wrote a guest ‘Saw you on the new network. Please donâ€™t make that a regular thing.'”
Read more here. Hey, at least it shows Dunn is watching.