Kalshi, CNN, and CNBC defend undisclosed promotional partnership after investigation
By
Judd Legum
Summary
A joint investigation by Popular Information and Public Notice revealed that Kalshi, a prediction market platform, has been heavily promoted by CNN and CNBC since signing a financial partnership with both networks in December. The financial relationship is inconsistently disclosed to viewers. After the story went viral, Kalshi and CNBC issued responses alongside CNN's earlier statement. All three defended the promotions by arguing that Kalshi prediction markets are newsworthy, similar to other data included in journalism.
Source
Key quotes
· 1 pulledAll three responses had one thing in common: they argued that Kalshi prediction markets are newsworthy, like other data included in journali
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