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Newsweek fluffs CNBC

Written By mista sense on Tuesday, December 12, 2006 | 5:07 AM

It's a free country, and Newsweek, of course, has a joint deal with MSNBC, that probably calls upon the magazine to go down on other NBC properties, but one assertion in this piece did jump out at me:

"The network expects record revenue in excess of $450 million and profit of about $275 million this year."

Any network that's as lame and crazy much of the time--and I am talking about you, Donny Deutsch, and you, Jim Cramer--should not be making this much money, without significant competition.

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