CNBC Ratings Drop to 21 Year Low

It’s hard to exactly determine why CNBC’s viewership is bouncing around near all time lows along with its revenue, but as the recent Nielsen Ratings demonstrate there could be a problem in what some consider the land of Wall Street gloss and cheerleading. CNBC vs Bloomberg Comparing the fate of CNBC to Bloomberg, considered the more hard hitting business news source, is to note a study in contrast. Since spring of 2008, Bloomberg’s revenue has jumped to more than $9 billion, from $5.4 billion while subscriptions to Bloomberg’s pricey financial news terminals have grown to 321,000, from 273,000, despite a shrinking financial sector,…