I was listening to an interesting pod cast on just this subject (http://www.dancarlin.com/disp.php/csarchive) if anyone is interested for a unique perspective on this.
*edit: grammar fixes
I was listening to an interesting pod cast on just this subject (http://www.dancarlin.com/disp.php/csarchive) if anyone is interested for a unique perspective on this.
*edit: grammar fixes
If their viewers actually wanted thoughtful news, the agency that provided it would profit.
Since viewers want sound effects, action, drama, and easily digestible black-and-white polemic pieces, that is what the agencies provide, and they profit.
CNBC knows that if they show just serious journalism, not a lot of people are going to see them, and at the end of the day, it's all a business !
I am not sure what the ideal ownership is now. But CNBC is mostly owned by G.E. whose main interest in this property is making money. The desire to maximizing profits is in partial conflict with strong news reporting.
The burden does also reside on the consumers who demand more entertainment then real information.