Unsolicited Advice for CNBC
I am merely an occasional commentator on CNBC, so the biz network can do with the following advice what it sees fit, but given that Dow Jones is in play GE/NBC should be bidding aggressively. A new Fox biz network with integrated WSJ/DJ/Marketwatch will be an instant major media presence.Regardless of whether GE/NBC shows up, lots of speculation about who else might. This sort of thing will shake a lot of trees, with everyone from the NY Times, to the WashPost, to a host of PE guys all almost certainly giving it a serious think.
[Update] Barry Ritholtz, who rec'd Dow Jones on Bloomberg not long ago, has some equally strong views on the subject.
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