Earlier this afternoon I got a press release from CNBC…
MEDIA ALERT: WATCH LIVE TV COVERAGE OF THE OPENING OF THE ASIAN MARKETS ON CNBC.COM – SUNDAY, JULY 31ST AT 7:30PM ET
What: With the breakdown in debt talks and all attention on how the global stock markets will react, CNBC.com will live stream CNBC Asia’s coverage of the opening of the Asian markets on its homepage.
Yes, you read that right. CNBC makes a big deal about global stock markets and debt crisis but wouldn’t take CNBC US out of tape to cover it…or even simulcast CNBC Asia. No, you had to go to CNBC.com to watch CNBC Asia.
Further making CNBC’s blown call look even more ridiculous, CNN, MSNBC, FNC, Bloomberg, and FBN were all live tonight covering the latest developments. CNBC was the only major network to stay in tape.
It would be somewhat amusing if this wasn’t just the latest example of CNBC blowing weekend coverage and getting lapped by the competition. Now, it’s just plain sad. The network seems incapable of learning from its mistakes.