Categories: OLD Media Moves

Concern about CNBC's content

The New York Post is reporting that there was a recent meeting between NBC head Jeff Zucker and some of the CNBC anchors and reporters to discuss the business news network’s recent tone in its stories.

The Post reports, “One topic under the microscope, our insider said, was on-air CNBC editor Rick Santelli‘s rant two months ago about staging a ‘Chicago Tea Party’ to protest the president’s bailout programs — an idea that spawned tax protest tea parties in other big cities, infuriating the White House. Oddly, Santelli was not at the meeting, while Jim Cramer was, noted our source, who added that no edict was ultimately handed down by the network chieftains.

“CNBC flack Brian Steel confirmed the get-together, but insisted: ‘The dinner was to thank CNBC for a job well done in our in-depth reporting throughout the financial crisis. As far as our coverage is concerned, we are built for balance and we are unabashedly pro-investor.’

“Our source retorted: ‘That is complete bull[bleep] . . . they didn’t invite a lot of people to [the meeting]. There were many staffers who were working 24/7 during the crisis who weren’t asked to attend, even Santelli, who was a big star for the network during those weeks. Why not?'”

Read more here.

Recent Posts

WSJ shifting Asia ops to Singapore, layoffs occurring

Wall Street Journal editor in chief Emma Tucker sent out the following on Thursday: Today we announced…

6 hours ago

Is it a news organization, or a hedge fund?

Clare Malone of The New York writes about Hunterbrook, which is using reporting from journalists to…

7 hours ago

Awards editor Coates is leaving The Hollywood Reporter

The Hollywood Reporter awards editor Tyler Coates is leaving the news organization. His last day will be…

8 hours ago

Purkess promoted to consumer features editor at The Sun

Laura Purkess has been promoted to consumer features editor at The Sun. She will maintain…

8 hours ago

Ferrier, senior biz reporter at Coloradoan, is retiring

Pat Ferrier, senior business reporter at the Coloradoan in Fort Collins, is retiring after 23…

8 hours ago

TheStreet.com hires Gittens as anchor

Financial news site TheStreet.com has hired Conway Gittens as an anchor and video producer. His most recent…

8 hours ago