Booking Wars: Round Two…

The Slant’s Jeff Reeves writes about CNBC’s booking practices. Reeeves gets FBN’s Kevin Magee to comment on the matter…

If I were in the booking department of CNBC, I would think twice about some of this lest big-time CEOs and hedge fund managers tire of the whole affair.

Or as Kevin Magee, the executive vice president of Fox Business Network, said to me more bluntly, “Business leaders are not going to be blackmailed, much less be dictated to by some booker in Englewood Cliffs.”

Magee uses the right word there with “dictated.” The problem is that CNBC thinks it has a captive audience and captive contributors, and thus can tell all parties whatever it feels like.

Ah…but it can. Until someone big enough runs the blockade…someone CNBC can’t afford to blacklist. Someone like Warren Buffett for example. If CNBC dared try that on Buffett, Buffett would laugh in their face and there’s not a damn thing CNBC would do about it.

But for smaller fry “gets”…yes…it’s a real problem for FBN and Bloomberg. I think we may have witnessed just such an incident a while back when Simpson and Bowles bailed out on FBN to be exclusive for Maria Bartiromo. All FBN could do is take the the air and whine about it.

About these ads

One Response to “Booking Wars: Round Two…”

  1. Further proof that CNBC thinks their crap doesn’t stink. CNBC is doing wrong and they don’t know it. And thats why their ratings suck and the ratings are getting move to the 2 other networks.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 218 other followers

%d bloggers like this: