Posted on 07/11/2007 12:15:44 PM PDT by abb
NEW YORK--(BUSINESS WIRE)--FOX Business Network (FBN) will launch on October 15, 2007, announced Neil Cavuto, FOX News Senior Vice President and Managing Editor of Business News. FBN currently has 30 million subscribers under contract after securing distribution agreements with major cable operators in top markets around the country, including the world's financial capital -- New York -- where it will be seen on expanded basic cable. Headquartered in News Corporation's street level studios in midtown Manhattan, FBN has also established bureaus in such key markets as Chicago, Los Angeles, San Francisco (Silicon Valley), Washington, D.C. and London.
In making the announcement, Cavuto said, "I'm extremely excited to be part of such a dynamic venture and I look forward to building on the success of our existing top five business programs in cable news."
FOX News Executive Vice President Kevin Magee will be responsible for the channel's day to day operations, while Cavuto will direct content and business news coverage and serve in an on-air capacity. Cavuto will report to Magee and Roger Ailes, Chairman & CEO, FOX News and Chairman of FOX Television Stations, who will oversee FBN.
Magee added, "We are excited to introduce the FOX Business Network into the financial news arena and look forward to growing our subscriber base to develop a competitive network in the coming years."
Owned by News Corp, FOX News, headed by Chairman and CEO, Roger Ailes, operates the FOX Business Network (FBN), FOX News Channel (FNC), FOX News Radio, FOXNews.com, while producing FOX News Sunday with Chris Wallace, The Radio Factor with Bill O'Reilly and FOX News Edge. FNC has been the number one cable news channel for over five years and is available in more than 90 million homes in the United States and 108 countries internationally.
Contact: FOX Business Network Irena Briganti, 212-301-3608
CNBC should be in jail for the lies they told in the 90’s during the dot.com crap
All except good ole Joe
I believe one of the main reason Murdoch wants the WSJ is for the synergy with this new business network. I think it is a very shrewd move on his part. I believe he will pay what ever it takes to get the Journal.
I believe one of the main reason Murdoch wants the WSJ is for the synergy with this new business network. I think it is a very shrewd move on his part. I believe he will pay what ever it takes to get the Journal.
Joe Kernan is the only conservative I’ve spotted on CNBC. He needs to be on FBN.
I like Cavuto, but he needs to lay off the Paris Hilton type stories.
I’m sure there will be less of that on the Fox Business Channel, although I remember reading that FBC is aiming for a more entertaining means of covering the business world.
Roger Ailes has been hiring top business talent fro months to set up the channel so I’m sure it won’t take them long to surpass CNBC.
Now Burkle is trying to buy it.
and they are now losing money, since expanding their Saturday circulation etc.
RFK Jr. is coming up, on Neil Cavuto.
Who have he been hiring?
I don’t understand what you are saying. I mean no disrespect but could you elaborate on what you are saying.
Excuse me it’s FBN not FBC. Second, as the release notes,
“FOX News Executive Vice President Kevin Magee will be responsible for the channel’s day to day operations, while Cavuto will direct content and business news coverage and serve in an on-air capacity. Cavuto will report to Magee and Roger Ailes, Chairman & CEO, FOX News and Chairman of FOX Television Stations, who will oversee FBN.”
Also they hired Alexis Glick, former Head of the New York Stock Exchange Floor Operations,who will have both on and off-air responsibilities. Not bad,
http://insidecable.blogsome.com/2006/09/12/alexis-glick-joins-fnc/
I've always found the Journal at its best fresh off the Midwest Edition's press in my home town.
Paris Hilton drives probably 20% of the spending habits of the 18-34 set. Her antics have a direct relationship to the economy.
The way things have been going at FNC, I expect to see in-depth examinations of Paris Hilton's finances, Michael Jackson's real estate ventures, etc.
“I dont understand what you are saying. I mean no disrespect but could you elaborate on what you are saying.”
On the amnesty issue, the Fox News Channel has not been “fair and balanced”. It puts up a nearly solid phalanx of pro-amnesty, open borders zealots (Barnes, Kondrake, Kristol, Rivera, Liasson, Williams, etc. and nearly all the talkers on the four Saturday morning business shows who will be the core of the new business channel). These spokesmen, and former Fox talkers like Tony Snow, not only are great advocates of the cheap labor, slave labor invasion, but are condescendingly dismissive of those who disagree with them.
They do not hesitate to label anyone who wants to support the laws and stop the ILLEGAL alien flood terms like “bigots”, “racists”, “vigilantes”, “know-nothings”, nativists”, “xenophobes”, and more. Once they get the FBC up, you can count on a 24/7 agenda for cheap slave labor for their corporate buddies and to hell with middle-class America.
I hope they devote a few hours to Rebecca “Go-go” Gomez each and every day. any mention of the new channel being in hi-def?
I hope FBN can lure Larry Kudlow over....he is awesome.
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