MEDIA
03/28/2008 02:45 am ET | Updated May 25, 2011

CNBC Teams Up With Yahoo

Yahoo and CNBC have signed a distribution deal in which Yahoo Finance will distribute a handful of CNBC clips each day. This is a smart step for both parties, but it's also only a tiny fraction of what the two companies could and should do together.

CNBC is nowhere online, primarily because of its restrictive (and lucrative) carriage deals with cable companies. CNBC makes a significant portion of its revenue and profit from carriage fees--the amount cable providers pay the network each month to carry the channel. CNBC cannot afford to lose these fees...

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