Media/Entertainment
CNBC Signs TSC's Cramer to Exclusive Deal
TSC Staff
03/29/01 - 02:26 PM EST
James J. Cramer, co-founder of TheStreet.com (TSCM Quote), has reached an exclusive deal with CNBC to appear several times a week on the financial news network's programs. The former hedge fund manager will appear twice weekly as co-host of the morning show, "Squawk Box." He'll also contribute to the evening program, "Business Center," once a week as well as provide stock selections and analysis. CNBC is owned by General Electric (GE Quote). Terms of the deal were not disclosed. A few months ago Cramer
announced he was leaving daily management of his hedge fund to become an advisor to TheStreet.com CEO Thomas Clarke and to spend more time on writing and media projects. Shares of TheStreet.com were unchanged at $2.44 in recent Nasdaq trading.