Sorry, Fox Business! CNBC Has Best Week In Five Years

CNBC has the last laugh on Fox Business. Just yesterday, Fox Business bought ad space in The New York Times and The Wall Street Journal slamming CNBC star Jim Cramer for his "Bear Stearns is fine" comment a week before the investment bank's collapse. The ad claimed that those would be Cramer's — and CNBC'S — "Famous Last Words."

But on the heels of an economy nearing recession and a major investment bank's collapse, CNBC has just had its best week in five years. According to TVNewser, the network saw its best week since March 17, 2003 in total viewers, averaging 289,000. The week also set the record for the highest take for CNBC since July 22, 2002.

If "turbulent times call for a credible network," as the Fox Business advertisement claimed, then viewers seem to have found their channel.

Comments

[YRG]

12:21 PM on 03/27/2008

I don't have cable so I can't watch CNBC, but I do watch Bloomberg TV online and I think it's the best source for business news next to Yahoo Finance. I hope that comedy news dies out as Fox Business News seems to be following the trend set by Fox News and the Comedy Network-- choose a side, left or right, liberal or conservative, and color your commentary appropriately. I hope that the pendulum will shift one day to dry, objective facts.

[realpolitic]

03:31 AM on 03/29/2008

Except Comedy Central's commentary is very intelligent and Fox New's is pablum.

[tjkreidler]

03:10 PM on 03/26/2008

I tried out FBN and found them to be all pap and twaddle without substance. The morning show (Money For Breakfast?) is the "Entertainment Tonight" of financial shows--they cover a lot of stuff, none of which is of any consequence. I have not watched any other shows on FBN so can't comment on them.

[Skyhawk]

01:04 PM on 03/26/2008

If it's about money. Nobody wants BS or T&A. They read Financial Times or go to MSNBC.

[WombatOZ]

12:51 PM on 03/26/2008

I LOVE FOX NEWS.

IT TELLS BOTH SIDES OF THE STORY.

LEFTIES HATE IT.

PRO TERRORISTS HATE IT.

HIPPIES HATE IT.

TWO WORDS.

FOX IS THE BEST NEWS EVA!!!!!!!!

[contrariandy]

07:58 AM on 03/27/2008

"BEST EVA?????????? Sounds like you may be from Boston. While your ridiculous statements would prove that not all Bostonians are fair, balanced or intelligent, I truly hope you're not from Boston.

[realpolitic]

03:33 AM on 03/29/2008

Are their any hippies left? Have you gone back in time now? Our know our war is Iraq resembles Vietnam.

[casper11]

12:47 PM on 03/26/2008

The Fox business Network is relatively new ( a few months) and they are already over-taking CNBC. CNBC is all gloom and doom and anti any positive news.

Liz Claiman was originally with CNBC and she got smart and jumped ship. Liz was the most intelligent and business savvy person on the network but got fed up with gloom and doom tactics. She is the best on TV and she ain't bad to look at either. When she interviews heavy weights like Warren B or other company Ceo's she asks tough questions with no fluff.

Carl Q also jumoped the CNBC ship.

Wait a couple of months and FNN will bury CNBC.

[realpolitic]

09:50 PM on 03/26/2008

You must be listening to the Fox News channel tout Fox Business news. The Fox Business News ratings are abysmal. The programming is terrible, as well. The business crowd will not tune into such pablum. Watching that channel is like being in a cheap singles bar.

[jmac12000]

12:12 PM on 03/26/2008

The media blows! FOX media blows the big ones!

[MACS]

10:53 AM on 03/26/2008

.
The only Murdock programs worth wathcing are "COPS" and "AMERICA'S MOST WANTED." Both of which fox wanted to STOP.
.

[naturallight]

11:24 AM on 03/26/2008

I don't have a problem with GE manufacturing weapons. I have a problem with them manufacturing news. GE should be forced to sell NBC. Or quit being a defense contractor. A country that mixes it's war machine with it's news machine is likely to become ensnared in some kind of perpetual conflict for profit. (thats why they own the news...to lie to you)

Instead of a peacock and NBC we should call it The General Electric channel. You have as much chance of finding truth on NBC as you do as finding good journalism at WALMART. They are the same thing, a business.

Why are we even mentioning FOX? It is like talking about Clinton. It serves no purpose. The jury has returned the verdict.

[Kyuzo]

08:31 AM on 03/26/2008

Fox Business ≠ Fox News

Pay attention, people.

[birdflewover]

05:55 AM on 03/26/2008

Anybody who listens to Cramer is an idiot and anyone who listens to Fox Business is retarded, any investor knows business news like political news from corporations is bound to be propaganda to trick the consumer into losing more of his or her money. However they can be a good indicator if you do the opposite, if Cramer or Fox says sell, you should buy and vice versa. There is only one way to invest, the way Buffet does it , i.e., reading the reports and talking to the top execs extensively, anything less is gambling. If you haven't figured out yet that corporate media like corporations lie, lie and lie some more after the invasion of Iraq, Monsanto and our food, Enron, etc...then you are really naive. Oh yes and 9/11 we know for a fact the three towers came down with explosives, demolitions, yet we still don't know why and who planted them, certainly not Bin Laden, the planes perhaps but not the thermate???Strange so strange. Believe your own eyes not the corporate propaganda machines!

[mikeinvail]

02:20 AM on 03/26/2008

Are you people aware that there is a new cable channel called Fox Business?
That is different from Fox News. Also Different from Fox TV. Owned by Newscorp.
CNBC is a news channel that is different from NBC and MSNBC ,but they are owned by NBC.
Jeeesus how can you even post?

[contrariandy]

07:05 AM on 03/26/2008

Yes, we're aware of Fox Business News. I watched it by mistake once thinking it was "Girls Gone Wild". I'm sure that they would welcome anyone who stumbles by and tries to figure out what in the world they're trying to do. Anyone to get their viewership over 10,000. If it wasn't owned and financed by Rupert Murdoch, it wouldn't survive.

[ZingoBonMot]

10:16 AM on 03/26/2008

Fox Business OWNED by Rupert Murdoch's Newscorp (parent company of Fox).
How can YOU even post?

[realpolitic]

02:15 AM on 03/26/2008

Fox Business News has tried to turn business news into pablum and the business community is not buying it. Serious people want informative programming. Regarding the remaining news, Fox News has successfully turned political coverage into pablum.

[mesuki]

01:03 AM on 03/26/2008

Fox News Sucks!. They claim that they are" The fair and balance network" yet they are the most unfair and unbalanced network on TV. Their news program is entertainment for the right wingers. I watch MSNBC,and once in a while CNN ,I will never ever watch Fox News (Faux News).

[timothe]

02:01 AM on 03/26/2008

"I watch MSNBC!" They're fair!!!

Sure they are, kid. Go have some Kool-Aid.

[nancytheragingliberal]

07:05 AM on 03/26/2008

Well now, Timothe, if Fake News can pander to the loony right wing crazies, then lefties like me can wallow in shows on MSNBC. Why, it is only the fair and balanced way to go. it is about high time that liberal/progressives have a haven to go to. Fake News is just the ticket for the ugly, salivating right wing, conservative, nasties to meet, where they can gouge out eyeballs, lie, scream, beat their chests and have a grand old time, 24/7.

[realpolitic]

09:52 PM on 03/26/2008

Timothe, do you consider Dick Cheney too liberal for you?

[VivaZapata]

12:51 AM on 03/26/2008

the money honeys, maria and erin, are fun to watch but trust your decisions to bloomberg tv. cnbc and fox biz will just shout you into a confused state and much of the advice sucks.

[Roxanna]

12:40 AM on 03/26/2008

Fox News is about as balanced in their reporting as Vice President Cheney is to listening to the American People.

[satyriasis]

12:33 AM on 03/26/2008

People have said this before but why would anyone tune into Fox Business Network? Right wing propaganda in the context of train wreck television is good entertainment and Fox News has done well. Business people on the other hand need facts not fiction.