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CNBC

Does Rick Santelli Have New Rant Competition at CNBC?

SullivanRick Santelli, whose 2009 rant suggesting a Chicago Tea Party won him “father of the tea party” acclaim, isn’t the only CNBC personality capable of passionate, political pleas: his colleague Brian Sullivan delivered one this morning.

“We keep saying ‘the Republican Party’…but I don’t know who the Republican Party is anymore,” Sullivan said on “Morning Joe.”

He highlighted growing up in a conservative household, but as a modern-day fiscal conservative, who supports same-sex marriage and marijuana legalization, he is a voter without a political home.

Sullivan’s frustration escalated to full-blown screaming.

“It’s not a party, unfortunately Republicans, that I can get on board with, because I don’t like the small-minded attitude of a lot of the right wing stuff that comes out,” Sullivan said after banging the table.

Watch his rant, starting around the 12:12 mark, after the jump.

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Tim Geithner Says He Inspired Rick Santelli’s Rant, and, By Extension, the Tea Party

SantelliRantIn February of 2009, less than a month into the first Obama Administration, CNBC’s Rick Santelli delivered an off-the-cuff rant that many say was the inspiration for the Tea Party. On February 19, Chicago-based Santelli said, “We’re thinking of having a Chicago Tea Party in July. All you capitalists that want to show up to Lake Michigan, I’m gonna start organizing it.” In his new book “Stress Test: Reflections on Financial Crises,” former Treasury Secretary Tim Geithner says he unwittingly was responsible for that rant. Geithner writes:

I used to joke that I was personally responsible for the birth of the Tea Party, because Rick Santelli’s rant on CNBC was a response to the mortgage modification program, and the Tea Party movement focused so much of its initial fire on the financial rescue.

About 18 months after the rant, Santelli reflected on the movement, telling TVNewser, “This grassroots movement of the Tea Party, to me, is as American as it gets. And whether you are left, center, or right, to me it’s not about politics. It’s about, in this country, we’re not afraid to speak up.” If they put Father of the Tea Party on my tombstone, “they can bury me with a smile,” Santelli added.

(h/t Playbook)

Closing Bell Rings Live from CNBC

CNBCClosingBell

In celebration of CNBC’s 25th anniversary, the closing bell of the New York Stock exchange was rung from across the Hudson River at CNBC headquarters in Englewood Cliffs, New Jersey. CNBC President Mark Hoffman, NBCUniversal News Group Chairman Pat Fili-Krushel and hundreds of CNBC employees were on hand for the bell ringing.

Happy Silver Anniversary CNBC!

CNBC25

April 17, 1989, 25 years ago today, CNBC went on the air. The president of NBC at the time Bob Wright introduced viewers to the Consumer News and Business Channel (CNBC), calling it, “the most significant programing effort NBC has ever undertaken outside of the network.”

At the time, CNBC was not the only game in town. FNN, the Financial News Network, had been on the air since 1980. But on May 21, 1991 the two channels merged. CNBC would own the business TV news space for a few years. Bloomberg TV launched in 1994 and CNNfn launched in 1995. CNNfn shuttered 9 years later. Fox Business Network began giving CNBC a run for its money in October, 2007.

All day the channel is airing Throwback Thursday clips from the last 25 years. Joe Kernen kicked it off this morning on “Squawk Box.” “25 years ago Google didn’t exist… 25 years ago the Ukraine was part of the Soviet Union… 25 years ago, Jack Welch ran GE which owned NBC which started CNBC.”

MediabistroTV was at CNBC HQ yesterday for a “My First Big Break” interview with Jim Cramer. We’ll have that for you coming up in a few weeks on TVNewser. After the jump, a look back at 25 years of CNBC:

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Robin Roberts, Rachel Maddow, Anderson Cooper on the OUT Power 50

OUT50Several TV news anchors and hosts have made this year’s OUT Power 50 list. It’s the brand’s annual ranking of the most influential LGBT voices in American culture. ABC’s Robin Roberts, who publicly came out late last year, is the first woman of color in the top 10. Here are some TV notables:

35. Suze Orman
27. Don Lemon
14. Anderson Cooper
10. Robin Roberts
3. Rachel Maddow

Ellen DeGeneres, who was number 2 last year, returned to the top spot on the list. Also on the list Pulitzer Prize winning journalist Glenn Greenwald at #5, Bravo’s Andy Cohen at #8, and Gawker CEO Nick Denton at #45.

(Image via OUT)

CNBC Expands Reality Shows

cnbc logo_304x200CNBC has greenlit two new reality shows for summer, and has three others in development.

“Restaurant Kickstart” pits restaurateur Joe Bastianich and celebrity chef Tim Love against each other as they invest their own money in food concepts they believe will make them millions. The second show, “Filthy Rich Guide” is an insider look at the best that money can buy. From outrageous mansions, to private islands, this series shows how the .1% live.

In addition, CNBC is devloping “Restaurant Confidential,” (the title of which probably isn’t going to sit well with Anthony Bourdain), “Hard Money,” and “More Money, More Problems.”

“Restaurant Kickstart” debuts in July and “Filthy Rich Guide” launches in August.

Maria Bartiromo Talks About the FBN Promos Airing on CNBC

Each morning during her Fox Business show, Maria Bartiromo records a promotional spot for the following day. That promo doesn’t air on FBN, but instead on her former network CNBC, during a local commercial break on systems like Time Warner Cable, FiOS and DirecTV. We spent this morning at Fox for a behind-the-scenes look at Bartiromo’s “Opening Bell” for our “What’s Your Show?” series and we asked her what’s behind the cross-network marketing. WATCH:

Stay tuned for “What’s Your Show? Maria Bartiromo” coming up in a few weeks on TVNewser. To catch previous episodes, and all mbTV shows, click here.

‘The Kudlow Report’ Signs Off

LarryKudlow2014Larry Kudlow closed his final episode of “The Kudlow Report” tonight surrounded by family, friends, CNBC staffers, and a Cake Boss cake. “I am a grateful camper,” Kudlow said. “The Lord has blessed me with a beautiful bride, a great life, a second chance, a new career, some wonderful friends, and some of the best debates on TV that there ever was.”

Kudlow, who has been with the network for all of its 25 years, will remain a contributor to CNBC. In fact, he’s already booked on four business day shows next week.

From 2005-2008, he hosted “Kudlow & Company,” and earlier in the decade he was part of “Kudlow & Cramer,” alongside Jim Cramer, who was a guest on Kudlow’s show last night: “We couldn’t say good-bye to this show without bringing on my great friend and former co-host, Jim Cramer.”

The show put together a clip reel of some of the high-profile guests who have appeared on the show over the years. WATCH: Read more

Showtime Orders Wall Street Drama Co-Written by CNBC’s Andrew Ross Sorkin

ARSorkinShowtime has ordered its first drama pilot this year, co-written by CNBC “Squawk Box” host Andrew Ross Sorkin.

The Hollywood Reporter reports “Billions” will focus on an aggressive U.S. attorney going up against some of the richest hedge fund billionaires in the country.  Sorkin co-wrote the series with Brian Koppelman and David Levien, who co-wrote movies like “Ocean’s Thirteen” and “Rounders” together.

This is Sorkin’s second small screen pickup: his best-selling book on the 2008 banking collapse, “Too Big to Fail,” was made into an HBO movie in 2011.

Sorkin was off for this morning’s “Squawk Box.” Yesterday, he echoed his co-writer’s enthusiasm.

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‘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.”

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