CNBC/NYT deal: Reactions
Silicon Alley Insider’s Dan Frommer reacts to the CNBC/NYT deal…
A good deal for CNBC, at least, whose Web site is almost as sad as Fox Business Network’s viewership.
As does 1440 Wall Street…
Although they claim the deal is not specifically aimed at blunting the combined efforts of FOX Business and the Wall Street Journal, who should begin to cement ties in the years ahead, the claim is hardly credible.
This war of attrition is just beginning, and CNBC’s influence can only go down as Rupert Murdoch starts his siege of Fort Lee. As shareholders at the Times could attest, this could get ugly.
If Murdoch started a siege of Fort Lee, CNBC would probably be very happy…seeing as they’re located in Englewood Cliffs now…
Just say no to jersey!
Comment by StockJockey — January 7, 2008 @ 7:24 pm