You will be redirected back to your article in seconds

CNBC pulls plug on new show

General Electric Co.’s CNBC cable network pulled a widely-advertised paid program from its weekend schedule because of concerns that the show improperly promoted stocks of three featured companies.

But the producers of the show defended the program and denied they were covertly trying to tout the stocks of the companies involved.

They said they were hoping CNBC would decide to carry the show at some later date or would find another network to carry it.

CNBC spokesman Brian Lewis confirmed that the network had decided against carrying the program, “Emerging Public Companies,” on its schedule after reviewing the program. Its first show was to have run Saturday.

The show, produced by the Hastings Group of Fort Lauderdale, Fla., included segments on three companies traded in the over-the-counter market — First Pacific Networks Inc., Sciclone Pharmaceuticals Inc. and Embrex Inc. — which had paid a fee to be included in the show.

More TV

  • JIMMY KIMMEL LIVE: GAME NIGHT -

    TV Ratings: Kimmel Opens Season With Demo Win Over Fallon, Colbert

    General Electric Co.’s CNBC cable network pulled a widely-advertised paid program from its weekend schedule because of concerns that the show improperly promoted stocks of three featured companies. But the producers of the show defended the program and denied they were covertly trying to tout the stocks of the companies involved. They said they were […]

  • 'Star Trek: Discovery' Drives CBS Mobile

    'Star Trek: Discovery' Drives CBS Mobile App Downloads Up by 64% (Study)

    General Electric Co.’s CNBC cable network pulled a widely-advertised paid program from its weekend schedule because of concerns that the show improperly promoted stocks of three featured companies. But the producers of the show defended the program and denied they were covertly trying to tout the stocks of the companies involved. They said they were […]

  • Megyn Kelly

    'Megyn Kelly Today' Nabs 2.93 Million Viewers in Debut

    General Electric Co.’s CNBC cable network pulled a widely-advertised paid program from its weekend schedule because of concerns that the show improperly promoted stocks of three featured companies. But the producers of the show defended the program and denied they were covertly trying to tout the stocks of the companies involved. They said they were […]

  • Chance the Rapper Premieres New Song

    Chance the Rapper Premieres New Song on 'The Late Show' (Watch)

    General Electric Co.’s CNBC cable network pulled a widely-advertised paid program from its weekend schedule because of concerns that the show improperly promoted stocks of three featured companies. But the producers of the show defended the program and denied they were covertly trying to tout the stocks of the companies involved. They said they were […]

  • Taking the Wrong Lessons from the

    Taking the Wrong Lessons from the Success of 'Game of Thrones'

    General Electric Co.’s CNBC cable network pulled a widely-advertised paid program from its weekend schedule because of concerns that the show improperly promoted stocks of three featured companies. But the producers of the show defended the program and denied they were covertly trying to tout the stocks of the companies involved. They said they were […]

More From Our Brands