Wednesday, November 07, 2007

Fox Business Network Gets Interesting Endorsement

Call it what you want, but I call it "interesting" at the very least. A TV personality of one network that is being directly challenged by another network usually finds "mums the word" about the new kid on the block or choose to even get a little ugly. One personality at CNBC has had select words for the leaders behind the new Fox Business Network, but not the kinds of words that most would have expected.

According to Media Bistro, former Disney CEO Michael Eisner ((and host of his own program on CNBC) had praise for the new network's founders:
Former Disney CEO and current show host on CNBC, Michael Eisner chimed in on the launch of FBN this morning. Speaking at the Dow Jones/Nielsen Media and Money conference in New York, Eisner was asked about FBN's chances: "It's not crazy if you have [Rupert] Murdoch and [Roger] Ailes. It's probably crazy if you have two other people, but those guys are pretty good. So you can't bet against them."

Many have underestimated the Fox Business Channel and its leadership at their own demise. On many occasions I have heard people describe Murdoch (and Ailes) as "crazy." Yes, crazy like a FOX (pun intended).
The video is of Charlie Rose and Michael Eisner. Kevin Price's Houston Business Review newsletter includes excellent articles on business finance, marketing, media, and more. Get your free subscription here.

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