Considering Americans now possess 3 TV's per home, have unlimited time on their hands due to skyrocketing unemployment, and have experienced rollercoaster market conditions, one would tend to think that viewership would be up on most channels, especially CNBC. But alas, the spin doctors are reeling as the sheople seem to be finally wising up to the harmful propaganda. I guess the banksters have yet to invade and corrupt Nielsen ratings data!

Too bad - VHF

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CNBC Viewership Down 28%

Tyler Durden

July 30, 2009

The bloodbath at GE's propaganda station has reached critical levels: according to Nielsen, CNBC has lost 28% of viewers year over year, and 24% in the 25-54 age group category. This is obviously a stunning failure in an environment where the top stories on any other medium are finance and economy related. Maybe if they were to actually report objective news, Jeff Immelt would not have to scratch his head in wonderment, pondering how to generate ad revenue and something even remotely resembling positive cash flow. Then again what are the poor anchors to do since the infamous Immelt memo made the rounds. At least GE stock is up: and for that GE, Barney Frank and Goldman Sachs, deserve a golf clap.

Oh, and Larry, with a 46% drop, you may want to reevaluate your content strategy.