Posted tagged ‘Daily Show’

Jon Stewart Wins Showdown With Jim Cramer

March 13, 2009

Great television last night on Comedy Central!

Comedian Jon Stewart and financial commentator Jim Cramer squared off over the CNBC  network’s reporting of Wall Street ahead of the market meltdown. It was amazing to sit and watch as Cramer, who usually has plenty to say, just sat there and took it. I read somewhere that he was like a kid trying to behave in class so that the teacher would pass them.

I love this analysis of CNN before the showdown last night:

From Reuters:

In recent days on his mock news program “The Daily Show with Jon Stewart,” the funnyman has taken Cramer, host of CNBC’s “Mad Money,” to task by saying he and CNBC reporters befriended Wall Street executives and former government officials instead of questioning them as journalists should.

Cramer, who offers advice and stock market tips on his CNBC show, has fought back, saying Stewart chose only examples of bad advice Cramer had given.

“I think everyone could come in under criticism. We all should have seen it before,” Cramer said. “Everybody got it wrong. I got a lot of things wrong.”

Average people trusted financial advisors who told them to pour money into market-oriented accounts for the long term, Stewart said, and those people lost their money when Wall Street used those savings to generate short-term profits.

Stewart said financial reporters like Cramer and others on CNBC should have taken the time to uncover financial shenanigans and not have been so quick to trust business executives and government officials.

“The financial news industry is not just guilty of a sin of omission but a sin of commission,” Stewart said.

With financial markets headed upward almost daily in recent years, Cramer said it was hard to believe the march skyward would not continue. “The market was going up for a long time and our real sin, I think, was to think it could continue to go up a lot,” Cramer said.

In the end, the two agreed the financial press corps should refocus on asking hard questions of top executives.

“Maybe we can … start getting back to fundamentals on the reporting, and I can go back to making fart noises and funny faces,” Stewart said.

“I think we can make a deal right here,” Cramer said, and the two shook hands.


Time Warner, Viacom Reach New Deal

January 2, 2009

Time Warner Cable and Viacom have finalized details on an agreement that will allow Time Warner customers to continue to watch programming on Viacom’s MTV Networks.

From the New York Times:

The ball had already dropped in Times Square, but MTV Networks and Time Warner Cable kept talking into the early new year and concluded a deal in principle that ensured that shows like “SpongeBob SquarePants” and “The Colbert Report” would still be available to the 13.3 million subscribers to the Time Warner Cable service.

The final terms, which were not disclosed, will be worked out in talks in the next few days, an executive at Viacom, the parent of MTV, said.

The two sides had faced a deadline of midnight to renew the contract under which Time Warner pays MTV a rights fee for its 20 cable networks, which include MTV, Nickelodeon, Comedy Central, VH1, TV Land, BET and Spike.

Viacom demanded an increase of about 23 cents per subscriber to cover its full portfolio of channels, under a threat that it would remove all 20 networks from Time Warner’s systems. Viacom’s chief executive, Philippe P. Dauman, said the increase was justified because MTV Networks had been underpriced compared with other cable networks with fewer viewers.

From CNN:

A source close to the negotiations told CNN that TWC is expected to agree to pay a modest increase to Viacom in the new deal.

The developing agreement is expected to benefit both companies and their audiences, Viacom chief Philippe Dauman said.

On Wednesday, TWC customers faced the prospect that channels such as Nickelodeon, Comedy Central and MTV could go dark as of 12:01 a.m. Thursday.

The dispute arose after Viacom announced new fees for carrying its networks – adding up to $39 million a year on top of the hundreds of millions of dollars TWC is already paying to Viacom, according to TWC spokesman Alex Dudley.

Dudley described the 15% overall increase in fees as “unreasonable,” since programming rates are declining and the United States is facing terrible economic conditions.

TWC  – a publicly traded unit of Time Warner, the parent company of CNN – says it’s working to protect its customers’ interests, but Viacom argued the renewal fees were reasonable and modest when considering the profits TWC enjoys from Viacom networks.

According to Viacom, the new fees would amount to less than 2.5% of what TWC generates from their average customer.

Time Warner May Lose ‘Daily Show’, ‘Colbert Report’ and ‘SpongeBob’

December 31, 2008

Viacom Inc. said today that its Nickelodeon, MTV, Comedy Central and 16 other channels will go dark for 13 million subscribers at 12:01 a.m. (ET) tomorrow if a new carriage fee deal with Time Warner Cable is not agreed upon by then.

From the Associated Press:

The impasse would mean “SpongeBob” and other popular shows like Jon Stewart’s “The Daily Show” and Stephen Colbert’s “The Colbert Report” will be cut off on the nation’s second-largest cable operator. Time Warner Cable primarily serves people in New York state, the Carolinas, Ohio, Southern California and Texas.

Viacom has asked for fee increases of between 22 percent and 36 percent per channel, or a total of $39 million more, an amount that could increase customers’ cable bills, said Time Warner Cable spokesman Alex Dudley.

“The issue is that they have asked for an exorbitant increase in their carriage fees and their network ratings are sagging,” Dudley said. “Basically we’re trying to hold the line for our customer.”

Viacom spokeswoman Kelly McAndrew disputed the figure, saying Viacom requested an increase in the very low double-digit percentage range.

Viacom said the increases would cost an extra 23 cents a month per subscriber. It said that Americans spend a fifth of their TV time watching Viacom shows but its fees make up less than 2.5 percent of the Time Warner cable bill.

“We make this request because Time Warner Cable has so greatly undervalued our channels for so long,” Viacom said.

“Ultimately, however, if Nickelodeon, Comedy Central, MTV and the rest of our programming is discontinued — over less than a penny per day — we believe viewers will see this behavior by their cable company as outrageous,” Viacom said.

Barack Obama Commercial Airs Nationwide

October 30, 2008

With only five days remaining in the campaign, Barack Obama took over our televisions last night hoping to persuade remaining undecided voters. You can find the video from last night below. Overall, I thought Obama did a very good job, but he could have been better. We’ll know in less than a week the final outcome of this long race!

From ABC:

Rolling in campaign dough, Sen. Barack Obama, D-Ill., spent millions of dollars on a 30-minute closing argument infomercial, which aired on six broadcast and cable networks.

He also taped an appearance on Comedy Central’s “The Daily Show,” set to air later this evening. Sen. John McCain, R-Ariz. — who, as of two weeks ago, had $40 million less than his rival left to spend — used only free media to get his message out, including an appearance on CNN’s “Larry King Live.”

The half-hour Obama commercial featured a mix of stories from ordinary Americans, politicians vouching for Obama, inspirational campaign video and the candidate himself laying out his plans on the economy, health care, energy, education, foreign policy and other issues.

Barack Obama Interview With Jon Stewart on the Daily Show

October 30, 2008

Barack Obama continued the final stretch of his campaign last night with an appearance on the Daily Show with Jon Stewart. Obama’s appearance comes immediately following his half hour long infomercial which ran in prime time on several major networks last night, as well as a few cable networks.

From Newsday:

Just in case you got silly and didn’t do it, you missed out. Jon Stewart rocked with special guest Barack Obama. Ordinarily, conventional wisdom suggests that a presidential candidate with this type of lead in the polls (but, seriously, who really believes those things aside from the TV politicos who yap and yaw because there’s a camera in their face and a check in the mail?) should avoid going on a show that airs on a network called “Comedy Central.”

But these are not conventional times we live in.

We’ve got the video at the bottom of this post, but if you prefer to read the Obama-Daily Show full transcript of the via-satellite interview, you can do that, too..

From ABC:

“The Polls have you up,” said Stewart, “but then they keep talking about the Bradley affect, this idea that white voters when they go to the polls they will tell pollsters they will vote for an African American but they won’t actually do it?”

“Yeah, they’ve been saying that for awhile but we’re still here,” Obama said. “So I don’t know. I don’t think white voters have gotten this memo about the Bradley Effect.”

“Are you concerned in some respects,” Stewart joked, “I don’t know how to bring this up, your mother is from Kansas, father African, are you concerned that you may go into the voting booth and –“

“I wont know what to do,” Obama joked, finishing the comedian’s thought.

” — your white half will all of a sudden decide, ‘I can’t do this!'” Stewart said.

“Yeah,” Obama said. “It’s a problem … I’ve been going though therapy to make sure that I vote properly on the 4th.”

Barack Obama “Commercial” Airs Tonight

October 29, 2008

Barack Obama will be all over your television this evening, saturating prime-time with a 30-minute ad and popping up on the late-night TV scene. The Obama campaign has bought time on CBS, NBC and Fox at 8 p.m. (ET) for approximately $1 million per network. It is also scheduled to run on Univision, BET, MSNBC and TV One.

From the Associated Press:

The TV campaign comes as Obama, ahead in national and swing-state polls over Republican John McCain, tries to win over teetering voters right from the comfort of their couches.

The election is six days away.

The centerpiece of the effort is Obama’s infomercial. It is rare for a candidate to buy a block of prime-time real estate to tell his story. Plenty costly, too.

The ad is expected to be a video montage of typical people talking about the challenges they face, with Obama explaining how he can help. A campaign adviser said the taped ad will feature a live cut-in to Obama, who is scheduled to be at a rally in Florida at the time.

Also on Wednesday, Obama will tape an appearance on Comedy Central’s irreverent “The Daily Show” with Jon Stewart. On Thursday, Obama is giving interviews to Brian Williams, anchor of NBC’s “Nightly News,” and to Rachel Maddow of MSNBC. I’d love to see him with Keith Olbermann but it doesn’t appear that this will happen this week.

Daily Show Turns Politicians Into Famous Cartoon Characters Foghorn Leghorn and Droopy Dog

September 6, 2008

So is Fred Thompson really Foghorn Leghorn and Joe Lieberman really Droopy Dog? The answer is yes, according to Jon Stewart at the Daily Show. Well, at least they have amazing similarities.

Whether you’re a Republican, a Democrat or an independent, you have to admit that there is a striking resemblance in both looks and voices.

*If the video does not work, it means that someone has taken it down due to copyright rules.

From Animation Magazine:

There’s nothing novel about comparing American politics to a cartoon, but one late-night TV comedian got big laughs by pointing out that some of our leading politicians are becoming real-life versions of classic cartoon characters. The point was illuminated following Tuesday night’s broadcast of the Republican Convention in St. Paul, Minnesota.

During Wednesday night’s broadcast of Comedy Central’s The Daily Show, host Jon Stewart noted the similarities between two Republican Convention speakers and a pair of iconic animated characters. Republican Senator Fred Thompson, with his puffed-up bravado and folksy Southern Drawl, was likened to boisterous Looney Tunes favorite Foghorn Leghorn, and jowly, slow-speaking former Al Gore running mate Joe Lieberman was compared to Tex Avery’s MGM creation, Droopy Dog.