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 CBS-PR-061206144047.doc
January 31, 2006
"Jim Cramer's Real Money" To Be Featured On CBS Radio Stations Across The Country
One-hour Program To Debut On Monday, March 6 In New York, Los Angeles, Chicago and Detroit, Among Other Cities
Jim Cramer, host of CNBC's "Mad
Money" and markets commentator for TheStreet.com, will
bring his one-hour radio show, JIM CRAMER'S REAL
MONEY, to eight CBS RADIO stations across the country, it was
announced today by Joel Hollander, Chairman and Chief Executive
Officer, CBS RADIO. The one-hour weekday program will be
broadcast live from 1:00-2:00PM, ET (12:00-1:00PM, PT in Los
Angeles - tape delay).
Premiering on Monday, March 6th on CBS RADIO's
WFNY-FM (New York), KNX-AM (Los Angeles), WCKG-FM (Chicago),
KIKK-AM (Houston), WKRK-FM (Detroit), WHFS-FM (Baltimore),
KDKA-AM (Pittsburgh), and KCMD-AM (Portland), the consumer-based
show will focus on how to save and invest wisely in the market,
as well as examine companies large and small to assess their
investment potential. Listeners will be able to interact with
Cramer on-air throughout the program.
David Hall, Vice President of Programming of CBS RADIO's
KNX-AM and KFWB-AM in Los Angeles, will serve as Executive
Producer. Hall previously served as the Executive Producer of
Cramer's nationally syndicated radio show when it first
debuted.
Additionally, Westwood One will exclusively distribute the
program to all non-CBS RADIO stations nationwide.
"Jim Cramer is one of if not
'the' most entertaining financial expert in the
business," said Hollander. "His is a personality that combines wit, wisdom and unreserved enthusiasm. Couple that
with some of the best advice ever heard on the radio and we have
what will no doubt be one of the most talked about shows on the
dial."
"We have brought dozens of high profile
on-air talent to CBS RADIO in the past several months
consistently enhancing the lineups on our talk and music
stations," said Rob Barnett, President of Programming, CBS
RADIO. "It's an honor to have him join our already
outstanding roster."
Added Cramer, "I look forward to working with CBS Radio
and welcome the opportunity to do a live show during market hours
where I can give my perspective on the market as it
unfolds."
Cramer was graduated magna cum laude from Harvard College in
1977, where he was President, or editor in chief, of The
Harvard Crimson. He then worked at the Tallahassee
Democrat and the Los Angeles Herald Examiner, covering
everything from sports to homicide, before moving to New York to
help start American Lawyer magazine. After a three year
stint, Cramer entered Harvard Law School and received his J.D. in
1984. He then passed the New York Bar Exam, but instead of
practicing law, went directly to Goldman Sachs, where he worked
in sales and trading. In 1987 he left Goldman to start his own
hedge fund, where over a fourteen year period he delivered a
compound return of 24% after all fees, substantially in excess of
the market during that same period.
While he worked at his fund he helped start Smart Money
for Dow Jones and then in 1996, he created TheStreet.com, the
on-line journal of financial opinion and analysis. In 2000, he
retired from active money management to embrace media full-time,
including radio and television. He is author of
"Confessions of a Street Addict,"
"You Got Screwed," and "Jim
Cramer's Real Money." In addition, he is a
columnist for New York Magazine.
* * * * * *
CBS RADIO Contact:
Karen L. Mateo
212/846-7638
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MEDIA CONTACTS
Karen L. Mateo
Vice President, Communications
(212) 649 9639
Allison Mandara
Communications Coordinator
(212) 649 9606
Dana McClintock
Senior Vice President,
CBS Communications Group
(212) 975 1077
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