July 8 nypost, and I had missed it. Hope it's not a repeat, but I think it's a good indicator of the public mood........
http://www.nypost.com/seven/07082007/business/exec_s_a_producer_business_.htm?page=2
Ratings drop
The good news for CNBCâs Jim Cramer, host of âMad Money,â is that, by his own estimation, fewer people hate him today than hated him at the beginning of last summer.
Let us explain.
âMad Money,â in its first two years on the cable station, was one of CNBCâs biggest hits. It was the only reason folks tuned in after market hours - so much so that the brass scheduled it three times a day.
Cramer got so much ink from his success that, he wrote recently, people started to hate him for it. In fact, Cramer wrote in the June 4 issue of New York magazine, âfor every person who likes what I do, there are a dozen who hate me for it.â
Well if Jimâs correct, a glimpse at the latest ratings book - which shows a 39 percent drop in the audience for the 6 p.m. show - far fewer people like him. Which means far fewer people hate him. Right?
The folks at Nielsen report that Cramerâs 6 p.m. show attracted an average of just 57,000 viewers. Thatâs not helping âFast Money,â CNBCâs show at 8 p.m., which saw ratings tumble 57 percent to 56,000. Nielsen only monitors shows that draw a minimum of 51,000 viewers - under that and itâs a scratch.
While Cramer is surely rooting against a scratch, just think of how many fewer investors will hate him should that happen.
Richard Wilner
business@nypost.com
http://www.nypost.com/seven/07082007/business/exec_s_a_producer_business_.htm?page=2
Ratings drop
The good news for CNBCâs Jim Cramer, host of âMad Money,â is that, by his own estimation, fewer people hate him today than hated him at the beginning of last summer.
Let us explain.
âMad Money,â in its first two years on the cable station, was one of CNBCâs biggest hits. It was the only reason folks tuned in after market hours - so much so that the brass scheduled it three times a day.
Cramer got so much ink from his success that, he wrote recently, people started to hate him for it. In fact, Cramer wrote in the June 4 issue of New York magazine, âfor every person who likes what I do, there are a dozen who hate me for it.â
Well if Jimâs correct, a glimpse at the latest ratings book - which shows a 39 percent drop in the audience for the 6 p.m. show - far fewer people like him. Which means far fewer people hate him. Right?
The folks at Nielsen report that Cramerâs 6 p.m. show attracted an average of just 57,000 viewers. Thatâs not helping âFast Money,â CNBCâs show at 8 p.m., which saw ratings tumble 57 percent to 56,000. Nielsen only monitors shows that draw a minimum of 51,000 viewers - under that and itâs a scratch.
While Cramer is surely rooting against a scratch, just think of how many fewer investors will hate him should that happen.
Richard Wilner
business@nypost.com
