CNBC to Fox Business: We Are Ready
In today's Hollywood Reporter, NBCU's Jeff Zucker confidently reveals how CNBC will handle the arrival of Fox Business Network: "We're not going to make the same mistake CNN made when Fox News Channel came along a decade ago. We'll be strong and aggressive and continue to prove what makes CNBC by far the leading financial news broadcaster in the world."Zucker continues, "I think there is a degree of irony that the company that broke the story that Rupert Murdoch wanted to buy Dow Jones was CNBC."
With Fox's purchase of the Wall Street Journal, will the Dow Jones Industrial Average become the Fox Business Industrial Average? I'm dying to see a CNBC reporter say something like that.
Labels: CNBC, CNN, Fox Business Channel, Rupert Murdoch, Wall Street Journal
2 Comments:
It won't be difficult for Fox to get better business anchors and reporters than CNBC which was gifted a monopoly from the 1991 demise of FNN. If a high pitched voice, bald self-taught so-called anchor like Ron Insana is the best CNBC could do, Fox will be a slam dunk winner. The other CNBCers are graduates of the Bloomberg school of robotic business reporting. The key is distribution, CNNfn failed because of restricted exposure so Fox needs to get into homes and offices everywhere, especially the 3 main pockets of wealth: New York, Florida and California.
Very interesting observations.
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