CNBC Forced To Cut Costs
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“CNBC execs are working to implement next-year’s $500 million cost-cut directives across parent NBC Universal, and CNBC’s longform unit has already been downsized from 25 to about a dozen, the story says. And despite all that, today CNBC is rolling out four 30-second promotional spots each week featuring its more than 40 anchors and reporters” [Link]
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