It's over: whether due to the complete domination of centrally-planned markets by a few central banks, whether as a result of HFTs forcing out all human traders and investors, whether due to volatility plunging to record lows and complacency at record highs, whether viewers simply aren't impressed by the new young, female faces that are increasingly taking over the prime time financial TV slots, because people are tired of Cramer's endless "caffeine" high and endless attempts to justify a record disconnect between manipulated record high "markets" and a stagnant economy in which
some 53 million workers are "freelancers", or simply because video game consoles don't watch TV, America's interest with finance and the stock market is over.
Exhibit A: The chart below shows
CNBC's Nielsen rating for August.
Some observations: for the core 25-54 demo,
CNBC's Business Day segment is down every month this year compared to last year, with August's
28,000 literally a step in the abyss compared to last year, as viewership plummeted by a near record 30% (with ad revenue following close behind). In fact, the last time
CNBC was up in
Business Day year to year was over two years ago, in July 2012.
And the punchline:
this was the lowest rated month in the core demographic since February 1993! In fact, in
CNBC's entire Nielsen-rated history, there is only one month in history when demo viewership was lower, back in November 1992, when demo viewership was just 1000 less at 27,000.
At this rate, in the next month or two,
CNBC should make history when Nielsen reports that its viewers have dropped to a never before seen low, paradoxically enough, as the increasingly unwatched financial channel cheers on the very same market-rigging policies that are forcing retail investors to give up on anything finance-related, and crushing the station into ad-revenue and eyeball oblivion.
Comment: Hold the presses!! As an access reporter, Dilanian was a more than willing enabler of official spin and lies, including those he co-created. Who knows, for example, how many lives might have been saved from drone attacks had the facts and objections to drone strikes been legitimately reported and truthfully investigated. Shame on the Los Angeles Times for colluding with the CIA by not enforcing your journalist code of conduct, for not doing due diligence on your reporters, for passing on disinformation that taints the efficacy of your own publication and egregiously violates the public trust.
That said, MSM is its own can of inbred worms. Dilanian is despicable, but he is also a sticker-face for a corporate media in bed with the government, un-beholding to the public it dis-serves. "The need by journalists for access to these power centres is one of the key components of this filtering system. If you are not prepared to be chummy with the CIA, you won't last long as an intelligence reporter." -Jonathan Cook
Associated Press...it's your move. And we're watching!
See also: CIA emails expose access journalist at work