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NBC’s Zucker Calls Jon Stewart ‘Incredibly Unfair’ (Update2) – Bloomberg.com

“The criticism of CNBC and the business media in general was completely out of line,” Zucker said. “Just because someone who mocks authority says something doesn’t make it so. The audiences have been there in very strong numbers in the last seven days. So there doesn’t appear to be any effect.”

via NBC’s Zucker Calls Jon Stewart ‘Incredibly Unfair’ (Update2) – Bloomberg.com.

alternate writeup here on yahoo from reuters

sorry jeff, nice try to spin that, but stewart’s 2.1 million viewers to cramer’s 300K kind of speaks to itself, maybe a mandate.

try the mirror test on that quote above, because stewart seems to have the authority and zucker is trying to marginalize it.

you got it wrong. cnbc = FAIL.

this is the real danger in content direction when news organizations are scrambling to differentiate themselves by dropping straight news coverage and pushing more advice, analysis and opinion. if you stray from pure reporting and facts and venture into subjective territory, you increase your risk of being wrong. and if you are in the news business and get it wrong, your customers stop using your product.

ask the weathercasters how that prediction thing goes for them… and they use actual scientific data, even if they are not real meteorologists themselves.

this is the deal, when you get it wrong, the first step to establishing your credibility is to ADMIT it and then go back and try harder to get it right. Cramer wins in this, Zucker fails.