Peter Lauria of the New York Post has more on Charles Gasparino, including a confirmation from a CNBC representative that he has left that business news network.
Lauria writes, “A Fox Business representative further confirmed that the network is in talks with Gasparino. News of Gasparino’s leaving CNBC to join Fox Business was first reported by the Web site TVNewser. (Fox Business, like The Post, is owned by News Corp.)
“Gasparino’s would mark the third high-profile hire by Fox Business in the last few months, following the luring of Don Imus and John Stossel to the network. Though he lacks the national profile of Imus or Stossel, Gasparino is one of the most recognizable faces in television business news, and his joining Fox Business will be a major coup for the nascent network.”Fox Business has struggled to gain traction with viewers since its October 2007 launch, regularly getting beaten in the ratings by CNBC. That’s to be expected given that CNBC is distributed to 97 million homes — more than twice as many as Fox Business.
“Having someone capable of scooping the competition on big Wall Street stories, however, could help Fox Business gain momentum and siphon viewers from CNBC and Bloomberg.