CNBC is planning on slimming down its two-hour "Power Lunch" program to make room for a new half-hour show hosted by David Faber and a possible second program helmed by Jim Cramer, the New York Post reports.
But "Mad Money" Cramer doesn’t want to work with Susan Krakower, vice president of strategic programming and development, the Post says, adding that Krakower isn’t confident her contract will be renewed. A CNBC spokesperson told the Post that the story was "40 percent accurate."
TVNewser speculates that an anchor deal for Faber was part of a new contract he signed with CNBC after being wooed by a joint contract with ABC News and Bloomberg. Although it would also mark Faber’s third round as an anchor on CNBC, his track record isn’t so hot as his previous shows "met with little success," TVNewser says.