I know some cable line-ups offer bloomberg financial news and maybe a few others, but when I watch television, CNBC is the main source for financial information.
Is it a good thing to have one company (GE) with near monopoly control over cable financial news?
There certainly are a number of programs offered on the channel, but most of them operate according to the same commercial format. They all seem to have the same goal of getting more people to invest in the stock market.
Even if I think the programs on CNBC are good, I still want more financial information from a wide and diverse list of sources.
I'm glad the internet is starting to offer alternatives to cnbc cable financial news.
We need to resist the desire of some large media companies who want to turn the internet into one large cable line-up where only the monopoly sites will be able to afford the right to broadcast a site.
We should never go back to a day when there was only one source for financial information.