TV Newser: CNBC becoming Wall Street's cheerleader
October 23, 2006
The TV Newser blog posts comments from readers who argue that CNBC is once again becoming a cheerleader for the stock market in the wake of new records for the Dow Jones industrial average.
One viewer stated, “I mean, from red text flashing at the bottom of the screen to orange-colored flip-graphics on the top of the screen, let’s look at how sensational this network has become as of late:
“It was ‘breaking news’ as the Dow approached 12K last week.
“It was ‘breaking news’ when we hit Dow 12K last week.
“Now it’s ‘breaking news’ that there’s a new intraday high.
“Mathematically, unless the Dow goes down, there ALWAYS will be a ‘new intraday high,’ correct? So my question to CNBC is this: so what? Are they going to roll out a ‘new intra-week high’ alert after the Friday close? Then a ‘new intra-month high’ alert? Where will this crass ‘breaking news’ tripe end with them? The network’s close to losing me as a longtime and loyal viewer.”
OLD Media Moves
TV Newser: CNBC becoming Wall Street's cheerleader
October 23, 2006
The TV Newser blog posts comments from readers who argue that CNBC is once again becoming a cheerleader for the stock market in the wake of new records for the Dow Jones industrial average.
One viewer stated, “I mean, from red text flashing at the bottom of the screen to orange-colored flip-graphics on the top of the screen, let’s look at how sensational this network has become as of late:
“It was ‘breaking news’ as the Dow approached 12K last week.
“It was ‘breaking news’ when we hit Dow 12K last week.
“Now it’s ‘breaking news’ that there’s a new intraday high.
“Mathematically, unless the Dow goes down, there ALWAYS will be a ‘new intraday high,’ correct? So my question to CNBC is this: so what? Are they going to roll out a ‘new intra-week high’ alert after the Friday close? Then a ‘new intra-month high’ alert? Where will this crass ‘breaking news’ tripe end with them? The network’s close to losing me as a longtime and loyal viewer.”
Read more here.
Media News
WSJ taps Beaudette to oversee business, finance and economy
November 15, 2024
Media News
NY Times taps Searcey to cover wealth and power
November 15, 2024
Media News
The evolution of the WSJ beyond finance
November 14, 2024
Full-Time
Silicon Valley Biz Journal seeks a reporter
November 14, 2024
Media News
Economist’s Bennet, WSJ’s Morrow receive awards
November 14, 2024
Subscribe to TBN
Receive updates about new stories in the industry daily or weekly.