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CNBC

‘The Kudlow Report’ Cancelled, Larry Kudlow Becomes CNBC Senior Contributor

Environmental Portrait of Larry Kudlow, CEO, Kudlow & CompanyLarry Kudlow, who has been a part of CNBC for its 25-year history, is scaling back at the network. His 7pmET show “The Kudlow Report” will end its run at the end of the month, TVNewser has learned. Kudlow will stay on as a senior contributor to CNBC’s Business Day programs.

“The Kudlow Report” has been on CNBC since January, 2009. From 2005-2008, he hosted “Kudlow & Company,” and earlier in the decade he was part of “Kudlow & Cramer,” alongside Jim Cramer.

“In my career, I have encountered few television hosts with Larry’s range,” writes CNBC president Mark Hoffman in a note to staff, obtained by TVNewser. “As an interviewer, he is unfailingly polite and energetic, skillfully grilling guests but always ending a segment graciously. Larry has always brought great enthusiasm to every program and appearance.”

Hoffman says the network is working on “a new 7PM strategy.”

TV News Bookers Love Senator John McCain

McCainA former presidential candidate and senior U.S. Senator is often desired as a guest across TV news, but the news networks have taken an extra liking to Arizona Senator John McCain over the last week.

Since last Tuesday, February 25, the senator has appeared 11 times across Fox News, Fox Business, CNN, and Bloomberg. The news cycle certainly merits TV news Bookers seeking out the former Republican nominee for president.

First, there was news of Defense Department cuts last Monday, which McCain is known for being against. The next day, Arizona Governor Jan Brewer vetoed a controversial bill that potentially discriminated against LGBT people, which McCain had urged her to do.

And in the last few days, McCain has been a prime target for TV news networks covering the tumultuous situation happening between Russia and the Ukraine. McCain visited anti-government protesters in Kiev back in December. Unsurprisingly, the 2008 presidential opponent of Barack Obama has voiced his displeasure with now-President Obama’s strategy and comments about the conflict.

McCain’s week-long TV news blitz only adds to his reputation as a Booker’s best friend: he ranked number one on 2013 New York Times assessment of perrenial Sunday show guests.

CNBC Goes to Pot, Again

Marijuana304CNBC is going back to the well, or the dispensary, for another documentary on marijuana.

“Marijuana in America: Colorado Pot Rush,” reported by NBC’s Harry Smith debuts Wednesday night at 10pm.

The pot doc follows two other highly successful marijuana documentaries. The first, “Marijuana, Inc.” reported in 2009 by Trish Regan (now an anchor at Bloomberg) is the most-watched CNBC documentary ever. Regan followed up with “Marijuana USA” in 2010.

Now that the sale of marijuana for recreational use is legal in Colorado, Smith visits the state to report on the exploding legal pot market, projected to grow as large as $10 billion nationwide by 2018. Colorado Governor John Hickenlooper sums up the importance of this groundbreaking law when he tells Smith, “This is going to be one of the great social experiments of the next century.”

(Image: Shutterstock)

During CNBC Interview, Hockey Star Learns She’ll Be U.S. Flag-Bearer at Sochi Closing

CNBC’s Brian Sullivan was interviewing Olympian Julie Chu when the news came down that she was selected as the U.S. flag-bearer for Sunday’s closing ceremony of the Sochi Olympics. Sullivan gave her the news and captured her surprised reaction. The U.S. Women took silver in hockey. Canada grabbed gold.

A Look Back at ‘The Best Five Minutes’ of Rick Santelli’s Life

Remember this?

It was the rant heard ’round the world: “We’re thinking of having a Chicago Tea Party in July,” Rick Santelli said on CNBC’s “Squawk Box” five years ago today, February 19, 2009. “All you capitalists that want to show up to Lake Michigan, I’m gonna start organizing it.”

Five years later, Congress has more than 50 members affiliated with the Tea Party. In a 2010 interview with TVNewser, Santelli called the rant “the best five minutes of my life.”

Joe Kernen Digs Zombies

KernenTalkingDeadWho knew? CNBC’s Joe Kernen likes zombies. So much so that the “Squawk Box” co-host was a guest on last night’s “Talking Dead,” the live talk show that follows AMC’s “Walking Dead.”

Instead of talking about market moves, jobs data and M&A activity, Kernen geeked out the plot twists and distorted characters of the blockbuster AMC show. At one point he questioned the believability of one storyline: “I believe in all the zombies, but I have trouble with, where did they get the milk?” “Why don’t you keep those hard-hitting questions for ‘Squawk Box,’” host Chris Hardwick shot back.

“Walking Dead,” currently cable’s No. 1 show, draws more than 15 million viewers on Sunday nights. “Talking Dead,” meant for super fans of the show, breaks down that night’s episode. More than a third of the audience sticks around for “Talking Dead,” which last Sunday drew 5.8 million viewers. For comparison, that’s what the “Today” show averages in a good week.

CBS’ Les Moonves Surprised by Comcast-Time Warner Cable Deal

FaberMoonvesCNBC’s David Faber continues on the media beat today. In addition to his interview with his boss’s boss’s boss’s boss, Comcast CEO Brian Roberts, about the company’s proposed acquisition of Time Warner Cable, Faber just wrapped up an interview with CBS Corp. CEO Les Moonves.

“I think everybody was pretty surprised by what happened,” says Moonves about the Comcast-TWC deal.”Everybody thought they were in Sochi, and here they were making a huge deal.”

“We’re still looking at the ramifications but we have a wonderful relationship with all the terrific people at Comcast and if this goes through, we look forward to working with them.”

Moonves came out on the winning end of a fight with Time Warner Cable last year. He was booked on CNBC to talk about CBS’s Q4 earnings report. CBS had revenue of $3.9 billion, up +6%.

“I think Comcast appreciates the value of our content and will pay appropriately for it,” Moonves says.

With TWC Deal, Comcast Says it Will Build on ‘Extraordinarily Successful Acquisition of NBCU’

ComcastTWC

Comcast is wasting no time pressing forward with its $42.5 billion acquisition of Time Warner Cable. We’ve assembled three separate documents the company released this morning: a press release announcing the deal, a public interest benefits summary and a document called “Day One Undertakings” from Comcast EVP David Cohen, who is the company’s chief lobbyist in Washington, DC.

In that note Cohen cites the 2011 acquisition of NBCU: “Comcast intends to build on our extraordinarily successful acquisition of NBCUniversal, and our unparalleled record of keeping our promises to bring new benefits to consumers in prior acquisitions,” Cohen writes.

All three memos are after the jump…

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Comcast CEO to CNBC: Time Warner Cable Deal is ‘Pro-Consumer’

comcast_new_peacock_logoCNBC’s David Faber was first with the news last night that his network’s parent company Comcast, was acquiring Time Warner Cable, (which was once part of Time Warner and its portfolio of networks including CNN and HLN.)

This morning, Faber was also first with an interview with Comcast CEO Brian Roberts, who says the $45.2 billion deal “is pro-competitive and pro-consumer,” and will provide “better products, faster Internet, more channels, in a national-local platform that’s really special.” (Video after the jump)

Roberts says because the second largest pay TV service, satellite service DirecTV, is already national, he’s convinced a combined Comcast and TWC should pass muster with regulators. “Cable is this older system that is very local,” he tells Faber.

While adding the lucrative home and business markets of New York City, Los Angeles and Dallas, Comcast says it will divest some systems and shed about 3 million subscribers, bringing the combined total to around 30 million. They hope to close the deal by the end of the year.

In December, Time Warner Cable and Comcast were in a dust-up as the Time Warner system in Massachusetts, Maine and New Hampshire announced plans to drop the Comcast-owned NECN cable network, only to reverse course 10 days later.

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CNBC’s Larry Kudlow Nominates Roger Ailes For ‘CNBC First 25′

Well this is interesting.

As part of celebrating its 25th anniversary, CNBC annoucned it will be compiling the “CNBC First 25,” what it calls “a definitive list of people who have had the greatest influence, sparked the biggest changes and created the most disruption in business over the past quarter century.”

CNBC’s Larry Kudlow thinks Fox News co-founder and chairman Roger Ailes fits the bill. Last night on his show, Kudlow nominated Ailes, who ran CNBC in the early 1990s, but is now a fierce competitor.

“Mr. Ailes has broken the dominance of the mainstream media which always tilts left,” said Kudlow. “He is also unapologetic whenever he ruffles anybody’s feathers.” WATCH:

Here’s the criteria to be one of the “CNBC First 25.”

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