Forum Archive Index - October 2003

[Lynda Tse <tsetribe@yahoo.co.nz>]

Do any Sharechatters watch CNBC (channel 57 on Sky
TV)? 
It is my second most watched cable channel after Sky
Sport 1. I find it an invaluable source of information
on economics, sharemarkets, bond markets, currencies -
just about anything to do with business and finance.
Particularly good for those investing in offshore
markets such as Asia, Australia, US and Europe.
Well, it is disappointing that Sky TV have decided to
ditch CNBC from November onwards, replacing it with
UKTV (more re-runs of British sitcoms no doubt), a
Disney channel (to corrupt kids not already
brainwashed by Nickleodeon and Cartoon Network) and...
the History Channel.
I complained to Sky at sky@skytv.co.nz and received a
very polite but unhelpful reply informing me that the
level of viewership no longer justified them carrying
the CNBC channel.
We are continually being encouraged to be more
proactive in saving for our retirements and investing
in asset classes other than residential property, yet
our access to business and financial information is
being reduced. 
OK, Sky have to make a profit, fair enough - but they
are putting on new channels which are similar to their
existing channels, and taking off one which has no
similar channel...dumb move IMO. 
Overseas business people visiting NZ will be turning
on their TV in the hotel room looking for CNBC or
Bloomberg and all they will get is Mickey Mouse. Is it
a wonder that NZ is regarded by some as an economic
backwater??
I would tune in and watch CNBC on my PC - if only I
could get broadband without taking a second mortgage
out on my house.
That's my rant for the day.
Chris

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