OLD Media Moves

Gasparino: I wanted to work at Fox

February 24, 2010

Rob Blake of the HedgeWorld blog at Reuters talked to Charles Gasparino about his new job at Fox Business Network.

Here is an excerpt:

HedgeWorld: I’ve seen a few different reports as to why you left CNBC— so why did you leave, exactly?

Gasparino: First of all, I had no idea I was such an important figure—who knew? (Laughs) But you know, I see these stories, one says I was fired, one says that I clashed with my colleagues, the truth is I’ve always wanted to work for Fox Business Network. Going back to 2007 when they first launched, I immediately saw this as the place for me.

HW: Why?

Gasparino: Because I liked the idea of being part of an entrepreneurial startup, and bear in mind, FBN is very much a start-up. And in that kind of situation, there’s a lot of upside if the start-up succeeds. If it doesn’t succeed then, sure, this move in hindsight looks like the wrong one but I like to take chances. I don’t take chances with my reporting, but this is a career gamble and I think it’s going to pay off.

HW: So there’s no truth to the rumor that CNBC was giving you less air time or that some of your colleagues there wanted you out?

Gasparino: No, not all, this was very amicable. Like I said, I’ve wanted to make this move for a few years now, but I was in the middle of writing a book, and couldn’t start a new job until that was done.

Read more here.

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