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MURDOCH HAILS LAUNCH OF FOX BUSINESS NETWORK
Friday, October 19 2007
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Rupert Murdoch has given a spirited thumbs-up to his new Fox Business Network. "It's two and a half to three days old and looks just terrific," Murdoch remarked in an interview with Reuters in San Francisco. "Everybody, even in the industry, [recognizes] how different it is to CNBC, which is half dead." Murdoch praised Fox News chief Roger Ailes for implementing "a whole lot of new program ideas," adding, "In terms of liveliness and change ... I think that we've got a genius in Roger."
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DOW JONES WEBSITES YANK CNBC ADS
Wednesday, October 17 2007
The
Wall
Street
Journal
and
MarketWatch
websites,
both
owned
by
News
Corp
following
its
acquisition
of
Dow
Jones,
dropped
advertising
for
CNBC
and
replaced
it
with
ads
for
Fox
Business
Network,
also
owned
by
News
Corp,
according
to
the
New
York
Times.
CNBC
is
owned
by
NBC
Universal,
which
in
turn
is
owned
by
General
Electric.
CNBC
had
paid
about
$87,000
for
the
ads
that
were
dropped,
the
Times
said.
Tom
Rosenstiel,
director
of
the
Project
(more)
FBN GETS DOWN TO BUSINESS
Tuesday, October 16 2007
The
Fox
Business
Network
made
its
debut
Monday,
on
a
day
when
the
Dow
Jones
Industrial
Average
plummeted
108
points.
The
News
Corp-owned
cable
channel
experienced
a
few
lowpoints
of
its
own
as
about
20
minutes
of
its
5:00
p.m.
show
Happy
Hour,
from
the
bar
at
the
Waldorf
Astoria
Hotel,
aired
without
sound
and
when
an
anchor
displaying
a
$1.5-million
Bugatti
was
unable
to
get
it
started.
But
by
and
large,
the
new
channel
(more)
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