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Zucker defends CNBC, Jim Cramer


March 18, 2009 NEW YORK -- "Daily Show" host Jon Stewart's recent criticism of CNBC, host Jim Cramer and the business media was "absurd" and "completely out of line," NBC Universal CEO Jeff Zucker said here Wednesday. Asked about Jay Leno's future on NBC in the 10 p.m. slot, Zucker said "this is a way to change the (business) model" of the broadcast network and keep Leno, even if it won't bring in the kind of viewership of original primetime dramas. If executives don't learn how young people consume media and entertainment in the digital age, "we will go extinct, and we will become the Rocky Mountain News," Zucker said in reference to one of the recent newspaper closings.

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