CNBC Cancels Reality Show CEO Moms after First Season
NEW YORK – CNBC announced earlier today that it was cancelling the reality TV show, CEO Moms, after its inaugural season. The announcement follows recent accusations of corruption, harassment, and abuse, mostly from the parents about their children.
“I thought I was doing a good job of raising my kid to be a winner and to rise to the top of a big multinational corporation someday,” said one of the show’s participants, Betty Jo Wilmington, as she sat across from her daughter, 9-year-old Deena Wilmington. Deena sat stoically behind a conference table in a navy blue pantsuit.
“Betty Jo has done a wonderful job these past 9 years, but I’m afraid the ROI is no longer there,” Deena said while referencing a PowerPoint slide. “I’ve found that parental units can be better sourced from lower cost country providers and we will need to restructure the relationship. This isn’t personal, it’s just business.”
“She used to call me mom,” Betty Jo said and burst into tears.
CNBC launched CEO Moms earlier this year following the success of the popular Lifetime network show, Dance Moms, and TLC’s Toddlers & Tiaras. An inside source said that the show was pulled after some of the participants used the entire season’s budget within the first couple of episodes.
“I assure you all my expenses were justified,” said 6-year-old Max Vanderburg while trying to explain $20,000 in charges at Chuck E Cheese and $40,000 spent on an original Rick and Morty mural covering his office wall..
“I admit, I’m actually quite proud of him,” gushed Vanderburg’s mother, Louisa. “I used to work for Tyco, well, after I lost my job at Enron, and based on my experience, little Max is acting like he’s running the C-suite.”
However, not all parents were impressed.
“Our 10-year-old, Jennifer, went on an acquisition streak,” her parents said. “First, she acquired the Johnson family down the street because they had a bigger yard, then the Ruiz family next door because their kids had a profitable lemonade stand. Her latest was a hostile takeover of the Robertson’s. With her empire growing, we were considered a legacy asset and quickly divested. We thought about starting over but then decided that getting a cat would be a safer move.”
A CNBC spokesperson refused to comment if the show would return.