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March 11, 2009 10:16 AM PDT

CNBC spat mints online hits for Stewart and Colbert

by Caroline McCarthy
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So either Jon Stewart is really on to something with his mad-as-hell crusade against financial hypocrisy and stupidity, or there are a lot of unemployed people watching Comedy Central clips to pass the time.

Either way, an on-air freakout by CNBC reporter Rick Santelli may have been one of the best things to happen to Comedy Central in months: Fake-news pundits Stewart (of "The Daily Show with Jon Stewart") and Stephen Colbert (of "The Colbert Report") have seen traffic to their Web sites and online video clips soar after the two went on mocking vendettas against Santelli, fellow CNBC personality Jim Cramer, and the NBC Universal-owned business network in general.

Traffic to the shows' Web sites has been at its highest of the year so far in the past week, at over 60 percent their weekly average for 2009. ComedyCentral.com, which hosts video clips of both programs, also had its best traffic of the year, and the digital version of a viciously funny clip called "CNBC Gives Financial Advice" logged over 1.3 million views in a week, the sort of numbers usually reserved for grainy videos of cats behaving unnaturally.

Here's the back story: Santelli was supposed to appear on "The Daily Show" after his tirade about the federal government's economic bailout, but backed out abruptly. That's when Stewart and Colbert--but especially Stewart--turned up the heat. Stewart went on the aforementioned anti-CNBC rant on March 5, putting "Mad Money" host Jim Cramer squarely in his crosshairs. Cramer appeared on "The Colbert Report" the following night.

Now, Cramer is scheduled to make a "Daily Show" appearance on Thursday night.

Stewart and Colbert have been two of the most visible figures in cable television's slow crawl onto the Web. Not only are they wildly popular with young and tech-savvy audiences, but the segmented format of their talk shows lends itself well to being split into short clips and swapped via video-sharing sites, which meant that unauthorized clips of the two were some of YouTube's earliest hits. That's what indirectly led to Comedy Central parent company Viacom's massive copyright lawsuit against YouTube owner Google.

Later on, the full archives of both shows were made available on Comedy Central's Web site, and recent episodes are available in full on Hulu (as well as iTunes and Xbox Live).

Colbert, who started out as a commentator on "The Daily Show" before spinning off his blowhard persona into his own talk show, also owes a big chunk of his notoriety to the Web. Video of C-SPAN's coverage of the White House Press Correspondents' dinner three years ago, in which Colbert performed a shockingly blunt comedy routine that skewered then-President George W. Bush, was a huge hit on the Web among those who wouldn't have considered actually watching C-SPAN in the first place.

Last year, Colbert was honored by the annual Webby Awards as "Person of the Year." Take that, nonbelievers!

Caroline McCarthy, a CNET News staff writer, is a downtown Manhattanite happily addicted to social-media tools and restaurant blogs. Her pre-CNET resume includes interning at an IT security firm and brewing cappuccinos. E-mail Caroline.
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Add a Comment (Log in or register) (19 Comments)
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by sartor1 March 11, 2009 10:36 AM PDT
Both comedians have served our country well.
Colbert was Brilliant as he Skewered 'W',
as has been Jon Stewart in his skewering of MSNBC.
Reply to this comment
by abcd9009 March 11, 2009 11:06 AM PDT
As funny as both of them are, they do report actual events. Nothing fake about it. I especially liked Stewart's proposal on how to spend the Stimulus package. Basically just give it to ordinary taxpayer and let them pay off their bills which would eventually go back to the business and that will stimulate the economy.
Of course our greedy politicians and Wall Street wouldn't want that to happen because that would mean people would be OUT OF DEBT.
I don't understand what kind of democracy are we living in where we the people don't get to decide who gets the stimulus package, which by the way is our money. It's all based on who bribes my politician the most.
Reply to this comment
by tomws March 11, 2009 12:09 PM PDT
"I don't understand what kind of democracy are we living in where we the people don't get to decide who gets the stimulus package, which by the way is our money. It's all based on who bribes my politician the most."

Actually, you did get to decide. That happened when you chose your representatives in the last few elections. Take a look at who voted for the stimulus package and you'll find out who believes you shouldn't have received the money yourself.
by LuvThatCO2 March 11, 2009 11:09 AM PDT
Stewart and Colbert are stale. Its always the same thing. 1) show a clip out of context 2) make a funny face as if the clip you just saw shocked you 3) audience laughs on cue like little automatons.

Notice both Cramer and Santelli are on the 'hit list' now because they dared offer opinions critical of our leader and Messiah Barak Obama. Stewart is just acting like a good little brownshirt, enforcing ideological purity by turning his show against anyone critical of the administration.

If you want an actually good humor/news show, watch RedEye. That blows the stale daily show out of the water. Of course its on at 3am... so they can get away with things you'd never hear on TV anyplace else.
Reply to this comment
by flickrz March 11, 2009 11:15 AM PDT
You haven't even watched those videos have you?
by Daturze March 11, 2009 11:19 AM PDT
While it is possible that Santelli is on Jon Stewart's "hit list" for offering critical opinions of Obama, most believe that what set off this tirade was Santelli abruptly cancelling his appearance on his show. If you hold to that theory then your argument kinda falls apart. Kudos to Cramer though for appearing on both of the shows.
by Ratpack309 March 11, 2009 11:40 AM PDT
I guess you must watch Morning Joe.

How does this have anything to do with Obama? Santelli is getting blasted because he called a portion of the American people losers, and Cramer made a bad stock pick (OK, a really bad stock pick) and wouldn't just step up and say it. No mention of Obama... or are you hearing something I missed?
by mws1970 March 11, 2009 1:22 PM PDT
I have watched the videos. LTC02 is spot on. They're both quite bitter comedians hiding behind quasi-news because they don't have the balls to just do straight comedy. Both careers were made with their lambasting of GWB, and now they are grasping at straws to remain relevant.
It will be interesting to watch if their deep infatuation with BHO is so paramount that they will watch their careers go down the tube before they would dare lampoon him. Personally, I hope they will.
by scott2400 March 11, 2009 1:33 PM PDT
Out of context? Meaning, if they showed more of what Cramer, et. al. said it would take on a whole different meaning? Shows like Cramers are built upon quick take, rapid-fire pronouncements. Colbert, and Stewart are just turning that around on them. They're being held to what they've claimed, and it's clear that their self-pronounced "expertise" is phony. Never liked Cramer - he's a buffoon with all the props, yelling and stupid s**t like that. But even the "serious" reportage from CNBC has proven to be unreliable (putting it mildly). They've been caught with their pants down, and obviously, they're not happy.
by larrylinn1 March 11, 2009 11:19 AM PDT
The Daily Show and the Cobert Report use comedy as a veneer to report and provide commentary on the news. Rick Santelli, Bill O'Realy, Rush Limball, and others use "news" as a facade to keep their egos inflated.
Reply to this comment
by kojacked March 11, 2009 12:46 PM PDT
+1
by mws1970 March 11, 2009 1:30 PM PDT
You're actually SO stupid is that you don't even realize that you're getting your news from a comedy show. Put down the playstation controller, get out of mommy's basement, and go buy a newspaper ever now and again, slappy.
by scott2400 March 11, 2009 1:39 PM PDT
mws - it looks like YOU'RE the stupid one. Getting news from a comedy show? No, getting comedy based on real news. They're not making anything up - just ripping on the absurdity and hypocrisy that is CNBC. YOU need to turn off Fox News, and read something other than WSJ or the Washington Times. That's why you seem so bitter, with your name-calling and such, 'cause they're exposing your heroes as mealy-mouthed charlatans. Go drain another Red Bull and run it off...
by screamapillar March 12, 2009 3:30 PM PDT
MWS do you comprehend the term 'parody'? Or perhaps you don't understand that a commentary doesn't need to be in a biased news format.

Read a newspaper you suggest? So are you also suggesting that the newspaper has a clear, unbiased view of the news and the world? Comedy has been used for longer than newspapers to comment on 'news' and history and lets not forget that the commentary provided in a small cartoon image in the newspaper usually makes a bigger statement than the apparently unbiased article.

Perhaps when you have developed some critical literacy skills you will be able to comprehend that a commentary on world events can occur in a variety of valid formats. And, if you don't understand what I mean by 'critical literacy' a simple explanation of that is "filter the crap from the truth". In other words, everything has a bias, everything has an agenda. So get your news from more than one source, more than one opinion so that you can make up your own mind rather than just going "baaa we the sheeple think fox is fair and balanced just like they say...."
by clamenza March 11, 2009 11:57 AM PDT
This is proof our "mainstream media" are morally bankrupt and some of them should've been locked up along with the "financiers" who ruined lives by stealing money, legally and illegally. When Comedy Central becomes the journalists worth watching, what use is there for Fox et al.?
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by gsmiller88 March 11, 2009 1:19 PM PDT
If you go to NBC for your news you deserve the bad advise.
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by coralights March 11, 2009 1:21 PM PDT
I saw a clip on this - I'm not a follower of comedy central but might soon become one - what was really funny was how accurately it illustrated what we viewers see day in and out.<p>

What we see and hear and read is for the most part pure crap and lies. Propaganda designed to inflate ratings or influence the politics of viewers.<p>

One day our President is doing too much the next not enough - the next day he's not living up to his campaign promises on FOX while even the most politically ignorant person person knows better.<p>

Two days a go he was undermining confidence in the stock market and today nothing was said about yesterdays rally except that it wouldn't last - <p>

Over the weekend prominent republicans said citi and other large banks should be allowed to fail and today what would McCain and company say????

There's plenty of hypocritical material forthcoming from wall street and the hard core "Limbaughrians" for comedians to exploit - each and everyday - if only it wasn't true I could laugh even harder!!!
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by loserhomeowner March 11, 2009 4:06 PM PDT
As we loser home owners stand here scratching our heads, after working hard for half a century, losing our jobs, working for less, watching Washington and corporate America give away our retirement, our means of economic survival, we hear Santelli. As a news organization, I believe you owe us an apology, if you expect to stay in the business. Strange, we have to go to the comedy channel for more sensible news. But maybe, it is not comedy after all. Thank heavens there is a media out there, that can still speak freely.
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by March 12, 2009 10:55 AM PDT
When a toddler-cartoon character (Dora the explorer) spells out your agenda of frivilous advice for the purpose of enteraintment and in the next sentence call you a "jackass" in Spanish (pendejo), your credibility drops to zero. Thanks Jon Stewart for using comedy to open our eyes to the fascade of stupidity otherwise known as CNBC.
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About The Social

CNET News' Caroline McCarthy is a downtown Manhattanite who believes that, despite popular opinion, the Web can actually help your social life. She's happily addicted to fun social-media tools from Twitter to Yelp to Facebook, sends an inordinate number of text messages, and has a tendency to waste time at the office reading restaurant blogs. Here, she explores all facets of the Web's gregarious side, as well as the unique tech culture in her home city of New York. (Don't call it Silicon Alley.)

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