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The bloodbath at GE's propaganda station has reached critical levels: according to Nielsen, CNBC has lost 28% of viewers year over year, and 24% in the 25-54 age group category. This is obviously a stunning failure in an environment where the top stories on any other medium are finance and economy related. Maybe if they were to actually report objective news, Jeff Immelt would not have to scratch his head in wonderment, pondering how to generate ad revenue and something even remotely resembling positive cash flow. Then again what are the poor anchors to do since the infamous Immelt memo made the rounds. At least GE stock is up: and for that GE, Barney Frank and Goldman Sachs, deserve a golf clap.

Oh, and Larry, with a 46% drop, you may want to reevaluate your content strategy.

But for all intents and purposes, CNBC's core viewership has spoken and it openly demands more of Amanda Drudy's enhanced cleavage.

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This article has 58 comments:

  •  
    They should concede that internet resources have increased the cognitive capability of their audience and put some actual analysis on screen. Unfortunately that would be hard to fill 24 hours. I'm sure all "24 hour news networks" of all formats will face this problem eventually.
    Jul 30 01:46 PM | Link | Reply
  •  
    So much better than Mark Hanes'
    Jul 30 01:48 PM | Link | Reply
  •  
    Hopefully this trend continues...
    Jul 30 01:50 PM | Link | Reply
  •  
    I've tuned in CNBC in the morning for years, just to get an update on any economic numbers released and get a sense of where the markets are heading. Lately I have to turn the sound off and just look at the numbers. The commentary is getting ridiculous. All they talk about is politics and it is very one-sided. As these ratings numbers show, CNBC has failed at gaining viewers by turning itself into a mouthpiece for the right wing, ala Fox News.
    Jul 30 01:51 PM | Link | Reply
  •  
    I'm not surprised...

    Honestly, people turned to them in droves once the stock market started declining and what did they get? Kudlow telling them that this was a Goldilox economy, Dennis Kneale mocking viewers, telling them to stop being cowards and buy bank stocks, and Cramer telling people to accept that things were over valued but buy anyway. And of course they are bullish now because this rally is their last hope of vindication.

    They claim to only report the news, but it very apparent they they have a strong bias. The only bias news should have is to be as truthful as possible.
    Jul 30 01:51 PM | Link | Reply
  •  
    Good Lord Tyler, how can you not mention the ratings for the Big Idea with Donnie Deutche...Are you serious? That has to be a misprint! That pint size pony is doing that well???
    Jul 30 01:55 PM | Link | Reply
  •  
    As a Charter watcher I will point out that the economy's condition accounts for the decline.Day after day,worse and worse.Finally,it's harder to take so you intentionally drop out.
    I play the music channel.
    There has been over-exposure as in the case of the venerable Warren Buffet. A little of him is wonderful,but hour after hour specials(it seems) makes you move the dial without even knowing it.
    NOTE:Nothing said here is meant to discourage additional cleavage

    CW
    Jul 30 01:55 PM | Link | Reply
  •  
    It's a shame cleavage and intelligence cant get along more often
    Jul 30 01:57 PM | Link | Reply
  •  
    I'm not sure that Ms. Drudy's impressive cleavage is enough to carry the weight of GE.

    I think that, since they are only interested in propaganda and it hurts their credibility, they should hire midgets to deliver the financial news.

    Next to cleavage, I always pay more attention to the TV when midgets are doing something out of the ordinary.

    Now, just brainstorming here, how about we get Mini Me to dress up in jockey silks and ride a bikini clad Drudy onto the set for a riveting debate on QE with Robert Reich.

    Suddenly, Mr. Reich seems more impressive, and we could sample the voice of Mr. Ed for Ms Trudy when she interjects into the conversation. That's Financotainment!

    I think it's worth a shot Mr. Immelt.

    By the way, that one's free, if you want me to save your company, I'll need a corner office and a sycophant.
    Jul 30 01:58 PM | Link | Reply
  •  
    Their news reeks of bias at every turn. I hope it goes down more.
    Jul 30 02:00 PM | Link | Reply
  •  
    pinhead.

    CNBC is and will forever be the tool of GE and Obama. The staff was publically threatened to only say great things about Hussein O.

    That's not remotely right wing.


    On Jul 30 01:51 PM cswalker21 wrote:

    > I've tuned in CNBC in the morning for years, just to get an update
    > on any economic numbers released and get a sense of where the markets
    > are heading. Lately I have to turn the sound off and just look at
    > the numbers. The commentary is getting ridiculous. All they talk
    > about is politics and it is very one-sided. As these ratings numbers
    > show, CNBC has failed at gaining viewers by turning itself into a
    > mouthpiece for the right wing, ala Fox News.
    Jul 30 02:02 PM | Link | Reply
  •  
    What about midgets with cleavage? I imagine there must be some.

    I don't have cable but if this existed I would sign up.


    On Jul 30 01:58 PM yellowhoard wrote:

    > I'm not sure that Ms. Drudy's impressive cleavage is enough to carry
    > the weight of GE.
    >
    > I think that, since they are only interested in propaganda and it
    > hurts their credibility, they should hire midgets to deliver the
    > financial news.
    >
    > Next to cleavage, I always pay more attention to the TV when midgets
    > are doing something out of the ordinary.
    >
    Jul 30 02:03 PM | Link | Reply
  •  
    Thanks for the clevage link that was great
    Jul 30 02:03 PM | Link | Reply
  •  
    I totally agree cswalker and Bill L... I do a quick peek at the "news" around 8:00 a.m. for about 5 minutes, then Kernan opens his yap and I go to mute for another 5 minutes, then I shut the TV off for good, and never watch them for the rest of the day. They're nothing but a rant for the RNC and you're right, a 2nd rate substitute for Faux news.

    I get all I need online... wish my cable company up here provided Bloomberg, but I rent this condo so I have to take what the landlord's condo association provides.

    Kudlow, Kernan, Kneel, Gasparino, Cramer, Caruso-Cabrera, etal - what a pathetic lineup of clueless ideologues and shills.

    On Jul 30 01:51 PM cswalker21 wrote:

    > I've tuned in CNBC in the morning for years, just to get an update
    > on any economic numbers released and get a sense of where the markets
    > are heading. Lately I have to turn the sound off and just look at
    > the numbers. The commentary is getting ridiculous. All they talk
    > about is politics and it is very one-sided. As these ratings numbers
    > show, CNBC has failed at gaining viewers by turning itself into a
    > mouthpiece for the right wing, ala Fox News.
    Jul 30 02:04 PM | Link | Reply
  •  
    I just wrote the most satisfying letter to the Squawk Box crowd with a link here. I stopped watching when I found I could get Art Cashin's comment on FBN as well.
    Jul 30 02:15 PM | Link | Reply
  •  
    I have to agree with all the negative comments. Used to watch faithfully, but can't take the right wing caterwauling. Now I rely on the internet and occasionally Bloomberg.
    Jul 30 02:19 PM | Link | Reply
  •  
    I love a show with 85% advertising and 15% crap content. It's a real winner. CNBC is shut off in my office for months. Plus who wants to listent to people scream over each other....it's like the old People's Court and Kudlow is an aging cranky Judge Wopner
    Jul 30 02:19 PM | Link | Reply
  •  
    So Durden is crowing about a viewership decline at CNBC? After reading his scree I tried to find his earlier report(s) about Air America going belly-up. Not a word! I guess "reporting" these days starts with a position and the "facts" are whatever you can make up to support that position. A sad but very poignant example of today's media.
    Jul 30 02:22 PM | Link | Reply
  •  
    Did your equity curve skyrocket up?


    On Jul 30 02:19 PM User 463689 wrote:

    CNBC is shut off in my office for months.
    Jul 30 02:23 PM | Link | Reply
  •  
    Air America going bankrupt was a foregone conclusion. No need for any media converage!


    On Jul 30 02:22 PM capgain wrote:

    > So Durden is crowing about a viewership decline at CNBC? After reading
    > his scree I tried to find his earlier report(s) about Air America
    > going belly-up. Not a word! I guess "reporting" these days starts
    > with a position and the "facts" are whatever you can make up to support
    > that position. A sad but very poignant example of today's media.
    Jul 30 02:27 PM | Link | Reply
  •  
    CNBC Viewership Down 28%. Seriously? Damn. That is bad. I guess we'll just have to try to get over it.
    Jul 30 02:28 PM | Link | Reply
  •  
    I am a GE stockholder who has complained for a couple of years, to no avail, that Kudlow's right wing bias does not belong on a news station. I think Caruso-Cabrera also lets her personal agendas interfere with her ability to be objective. As for Kneel with the silly grin, I wonder if he is Immelt's nephew. That would explain why he is on the station. Overall, I am one of those who watchs the tape or stats from time to time, but without the sound.
    Jul 30 02:28 PM | Link | Reply
  •  
    heh heh, I kid you not, I've wondered for a year now whether Kneel is Immelt's illegitimate love child... I mean really, why the hell else would he possibly be allowed on air?


    On Jul 30 02:28 PM honestbob wrote:

    > I am a GE stockholder who has complained for a couple of years, to
    > no avail, that Kudlow's right wing bias does not belong on a news
    > station. I think Caruso-Cabrera also lets her personal agendas interfere
    > with her ability to be objective. As for Kneel with the silly grin,
    > I wonder if he is Immelt's nephew. That would explain why he is on
    > the station. Overall, I am one of those who watchs the tape or stats
    > from time to time, but without the sound.
    Jul 30 02:34 PM | Link | Reply
  •  
    I think the advertising is very insightful to who watches CNBC - cymbalta, every research platform under the sun, viagra, video professor, perfect push up etc. - therefore the CNBC viewer is depressed, underperforms in investing, has erectile dysfunction, is inept at using computers, and is fat.

    That is who is running your money.


    On Jul 30 02:19 PM adviserSF wrote:

    > I love a show with 85% advertising and 15% crap content.
    Jul 30 02:36 PM | Link | Reply
  •  
    and don't forget the bimbo shilling catheters who was on every day last Fall


    On Jul 30 02:36 PM Bill L. wrote:

    > I think the advertising is very insightful to who watches CNBC -
    > cymbalta, every research platform under the sun, viagra, video professor,
    > perfect push up etc. - therefore the CNBC viewer is depressed, underperforms
    > in investing, has erectile dysfunction, is inept at using computers,
    > and is fat.
    >
    > That is who is running your money.
    Jul 30 02:38 PM | Link | Reply
  •  
    Agree with most of the tone and tenor of article and commentary.
    An exception is Erin Burnett and Mark Haines whom both do a creditable job every day, and their guests are usually the best of the day , and the best interviewed also. Erin is very bright and knowledgeable considering her tender age, and Mark tends to keep most guests relatively honest, a good attribute to possess.
    Cashin and Pisani also add good useful timely color commentary and comments. David Faber also does well most of the time.
    The rest of the crew, including Kudlow <(esp.), Cramer (aargh),Kernen (ugh), Santelli (phew), Bartiromo, etc. and their close cohorts, could all take a permanent vacation and the show would be greatly improved.
    Their propaganda and bias has gotten so thick and bad that I cannot watch them , even to get routine market data, etc.
    If GE wants to kill the viewership of this program completely, then stay on the same track, that'll do the trick.
    Jul 30 02:39 PM | Link | Reply
  •  
    Hey Kudlow looks like you are down 46% on the green shoots. hahaha

    Guess GE's stock will be losing more green shoots too, with the support of GE capital and now CNBC. hahahahaha
    Jul 30 02:41 PM | Link | Reply
  •  
    I'd take this as a damn good sign that things are not as bad as people think.
    Jul 30 02:48 PM | Link | Reply
  •  
    Gentlemen prefer Bloomberg News
    Jul 30 02:57 PM | Link | Reply
  •  
    CNBCs problem right now is that it has gone so extreme to the right wing that it is competing with FOX News. It seems like most of the commentators are just trying out for positions working for Murdoch. More market and less political agenda would help boost the viewership.
    Jul 30 03:32 PM | Link | Reply
  •  
    Wow, pretty much 100% negative.

    Talking over guests and a little too much attitude from certain anchors certainly a problem. I find it interesting though that they're criticized for being too right and too left at the same time.

    I still watch though, more to get a mood and temperature of the markets and politicians; they still do get some pretty good guests. If you have the patience to listen to what's said by all sides, filter out the extra noise and form your own opinion, net net they still have value.
    Jul 30 03:42 PM | Link | Reply
  •  
    Boo Yah!
    Jul 30 03:47 PM | Link | Reply
  •  
    If there's one sure bet in the world, it's this: short CNBC.
    Jul 30 04:05 PM | Link | Reply
  •  
    Come now. Give the right wing more credit than THAT, will ya?

    We're not all brainless cheerleaders who deny reality and BOOYAH! the market at every opportunity.


    On Jul 30 03:32 PM stockferret wrote:

    > CNBCs problem right now is that it has gone so extreme to the right
    > wing that it is competing with FOX News. It seems like most of the
    > commentators are just trying out for positions working for Murdoch.
    > More market and less political agenda would help boost the viewership.
    Jul 30 04:06 PM | Link | Reply
  •  
    And probably, rather late, insights that can be gained for instance
    from the one popular Peter Schiff, likely to contribute a bit to the decline in viewers. It makes in any case sense for learning and considering the experience (bad for too many who lost a lot).
    www.youtube.com/watch?...
    Jul 30 04:24 PM | Link | Reply
  •  
    II used to go to CNBC.. However. Like Seeking Truth said, there are ideological personas who seem to dominate.

    Lately I have been more satisfied with Bloomberg's coverage of the market/economic news. I can't comment definitively on cleavage, but (Asia Call) Bloomberg's Heidi Cooch has the Diphthongs!
    Jul 30 04:40 PM | Link | Reply
  •  
    Every new investor who is considering entering the market should be required to watch that YouTube video of Peter Schiff absolutely eviscerating the Wall Street media hype machine... its absolutely incredible how prescient and spot on correct he was, while the same old media pundits on the same old media shill stations CNBC and Fox made total fools of themselves.

    The best was Ben Stein saying Merrill at 76 was so incredibly cheap they might as well be putting its shares in cereal boxes... guess that's why he's showing up on every 2nd rate commercial on TV, trying to get enough cash to buy some Cheerios.

    And Art Laffer's one cent bet with Schiff about where the economy and housing was going, I guess there's a reason the only place he can show his face these days is after hours when no one's looking at him kiss up to his butt buddy Kudlow.

    Just too too too funny!


    On Jul 30 04:24 PM Joe wrote:

    > And probably, rather late, insights that can be gained for instance
    >
    > from the one popular Peter Schiff, likely to contribute a bit to
    > the decline in viewers. It makes in any case sense for learning and
    > considering the experience (bad for too many who lost a lot).
    > www.youtube.com/watch?...
    Jul 30 05:29 PM | Link | Reply
  •  
    How 'bout go back to just reporting what's "newsworthy" for 1 hour every night? Who gives a shyte about 24 hours a day of filler, celebrity sightings and grotesque self-promotion?
    Jul 30 09:24 PM | Link | Reply
  •  
    I canceled my cable TV altogether in Nov of 08'. I've been trading great ever since. Try it, you'll realize you're not missing anything.
    Jul 30 09:46 PM | Link | Reply
  •  
    Get rid of the screaming, panting stock cheerleaders and approach the markets as news, without the rude natures pounding their chests and comparing their genius below the waist.

    Vested interests are a problem in market-followers. If they own stock, they want it to go up. If they are shorting stock, they want it to go down. We know MSNBC and Fox News twist the news to fit their perspectives, left and right; but we also know that there is some objective reality behind their opinions.

    I am becoming so cynical about the markets that I'm beginning to suspect that the whole show is just another Barnum and Bailey Circus -- and we're all being taken to the cleaners by the barker and the fat lady and Tom Thumb.
    Jul 30 09:48 PM | Link | Reply
  •  
    CNBC is a circus, but I am glad to see The Big Idea's ratings going up. I wonder whether it is because of increasing awareness of the program (good) or a genuine uptick in interest in entrepreneurship (better)?

    As for the broader ratings, they could just be cyclically negative (or have lost their one-time doomsday pop), since the equity markets have been up so sharply lately. Sort of like how the Weather Channel loves a good hurricane?
    Jul 31 12:03 AM | Link | Reply
  •  
    Explain Maria Bartiromo's shilling for the Republicans then.


    On Jul 30 02:02 PM update wrote:

    > pinhead.
    >
    > CNBC is and will forever be the tool of GE and Obama. The staff
    > was publically threatened to only say great things about Hussein
    > O.
    >
    > That's not remotely right wing.
    Jul 31 12:50 AM | Link | Reply
  •  
    CNBC viewership down
    Tyler Durden's readership up


    I'd love to pile on the negative CNBC comments with you guys, but I do enjoy watching ERIN BURNETT.
    Jul 31 08:14 AM | Link | Reply
  •  
    I have begun streaming CNBC via TDAmeritrade's new platform thinkorswim rather than keep it on the TV constantly. Will this type of viewership switch be reflected in this data going forward? If so, I could see it being slightly misleading as five traders might have five streams going versus the previous one broadcast on TV.
    Jul 31 09:40 AM | Link | Reply
  •  
    "But for all intents and purposes, CNBC's core viewership has spoken and it openly demands more of Amanda Drury's enhanced cleavage"

    ROFL, shes mine i tell you, all mine!

    We are going to keep her back here in Australia, away from all the bad influences at CNBC in America.

    BTW it's Amanda DRURY.

    In all seriousness though, CNBC is a great program here in Australia, and actually FOX business is just as good, whilst bloomberg has Bernie Lo, who is very annoying.

    BUT, if i watch these channels at night (US time in AUS) it is the complete opposite, Bloomberg is good, CNBC is sometimes OK (mostly not), and FOX is complete garbage.

    If you Americans had the chance to watch the Aussie shows you would be absolutely blown away by the difference, intriguing guests, market authorities (as opposed to experts!) valuable interviews, no BS facts, and the list goes on.

    I'm not joking, but 9 out ten people on the Aussie shows are worth listening to, as opposed to 1 out of 10 of the American people that claim to be experts.

    Moral of the story, you guys are being ripped off and fed so much BS its not even funny. Amanda Drury is totally professional at CNBC Australia, and you would not even recognise her "performance" that is her presence on CNBC US.

    Seriously, you guys should start a petition, demanding an Aussie programing structure.
    Jul 31 10:06 AM | Link | Reply
  •  
    Unless you live in Australia!,
    Try listening to Bernie Lo all day, AAAHHH.


    On Jul 30 02:57 PM mo_mentum wrote:

    > Gentlemen prefer Bloomberg News
    Jul 31 10:15 AM | Link | Reply
  •  
    if you think it sux watching it, try listening to barfiromo on xm radio, jaysus, I would rather spend 2 hours in a meeting with interns trying to impress people with their intelligence
    Jul 31 11:50 AM | Link | Reply
  •  
    It has become less about reporting than pontificating. Gas bags and bloviators.;-)
    Jul 31 12:05 PM | Link | Reply
  •  
    O.M.G. ...... you said EXACTLY what I've been thinking for the past two years ! This is the best website. That POWER LUNCH group has just got to go ........ talk about irritating ! Let me just "throw my shoe " at the POWER LUNCH group, but, I don't want to mess up my nice t.v.





    On Jul 30 02:04 PM ain't no fortunate son wrote:

    > I totally agree cswalker and Bill L... I do a quick peek at the "news"
    > around 8:00 a.m. for about 5 minutes, then Kernan opens his yap and
    > I go to mute for another 5 minutes, then I shut the TV off for good,
    > and never watch them for the rest of the day. They're nothing but
    > a rant for the RNC and you're right, a 2nd rate substitute for Faux
    > news.
    >
    > I get all I need online... wish my cable company up here provided
    > Bloomberg, but I rent this condo so I have to take what the landlord's
    > condo association provides.
    >
    > Kudlow, Kernan, Kneel, Gasparino, Cramer, Caruso-Cabrera, etal -
    > what a pathetic lineup of clueless ideologues and shills.
    >
    > On Jul 30 01:51 PM cswalker21 wrote:
    Jul 31 09:24 PM | Link | Reply
  •  
    I'm so old that I remember watching CNBC when it was a consumer affairs channel ........ before all the stock market insanity started under Alan Greenspan . My fondest wish is to see CNBC morph back into a consumer advice channel and those clowns (meaning Joe Kernan, Larry Kudlow & that Beaker-looking guy on the Muppets, is his name Dennis(?) all have to find a new line of work. I used to really like them, loved watching SQUAWK BOX in the morning with Mark Haines & now they just irritate the hell out of me. Why can't they just tell us the truth ?
    Jul 31 09:38 PM | Link | Reply
  •  
    For the two out of 60-some who maintain that CNBC is tool of Obama, need to see Kudlow's editorial today on CNBC.com!
    Aug 01 12:00 PM | Link | Reply
  •  
    Can't they feed Hanes before he comes on the air?? He's constantly chewing food while speaking....disgusting.


    On Jul 30 01:48 PM Gravity404 wrote:

    > So much better than Mark Hanes'
    Aug 01 05:56 PM | Link | Reply
  •  
    Amen!!!


    On Jul 30 02:57 PM mo_mentum wrote:

    > Gentlemen prefer Bloomberg News
    Aug 01 06:03 PM | Link | Reply
  •  
    I don't know what market share they have achieved, but Fox business news is clearly beating CNBC in the cleavage wars, with Alexis Glick and Liz Claman up front.
    Aug 02 09:40 AM | Link | Reply
  •  
    With so many blogs to read and new websites to explore,Who has time to watch Television?
    Aug 02 09:41 AM | Link | Reply
  •  
    I think comparing Jul 09 with Jul08 may be a little deceiving. How did Jul08 compare to Jul07? If Jul08 saw a 20-40% jump, we may be able to discern that last year's financial news drew in many more viewers who would leave after the financial markets calmed down. I fully expect Sept09 will be far worse than Sept08. I also don't see anything that points to where these 'financial viewers' went. Did Fox Financial news finally make inroads on CNBC? My guess is not. I only say that because Tyler would surely have brought that up. Maybe not. What was the purpose of posting so little information and drawing fast conclusions without answering these other questions? I smell spin.
    Aug 02 10:44 AM | Link | Reply
  •  
    I would seriously rather take a forceful foot to the balls that listen to one more syllable of a Mark Haines rant.

    And for God's sake, the "Great Interrupter" Maria B makes me want to kill myself with a dull spoon.

    Probably the worst commentary on TV. I get (got) better advice from Billy Mays
    Aug 04 12:23 AM | Link | Reply
  •  
    Never bet against a stampede. :)

    On Jul 30 04:05 PM Missing_Link wrote:

    > If there's one sure bet in the world, it's this: short CNBC.
    Aug 07 12:41 AM | Link | Reply