Murdoch expects to save $100 million after WSJ deal closes

News Corp. CEO Rupert Murdoch said Tuesday that he expects to save $100 million in expenses after he completes his purchase of Dow Jones & Co., the parent of The Wall Street Journal. Gillian Wee of Bloomberg News wrote, “‘We’ve identified low-hanging fruit,’ Murdoch, News Corp.’s chief executive officer, said at a Goldman Sachs Group […]

Fox Business Network begins to reveal strategy

Marketwatch media columnist Jon Friedman writes Monday that the announcements last week by Fox Business Network about its anchors begins to show its strategy in competing against CNBC. Friedman wrote, “Fox Business is also staying true to what succeeded at Fox News: creating many of its own stars. That game plan paid dividends as Bill […]

Kernen is CNBC's stud

Michele Greppi of TVWeek writes that CNBC anchor Joe Kernen is respected by new rival Fox Business Network head Roger Ailes and considered one of its selling points in the upcoming competition. Greppi wrote, “Rather than fret that Mr. Kernen, the breezy ‘Squawk Box’ co-anchor occasionally referred to as ‘the Kahuna’ and ‘the Hair,’ might […]

Fox Business Network needs to leave politics at the door

Steven Mallas of The Motley Fool writes Friday that the upcoming Fox Business Network, which launches Oct. 15, needs to focus on business and ignore the politics if it wants to win viewers. Mallas wrote, “Personally, I think Fox Business will be enjoy a ton of sampling from curious viewers when it hits the air […]

Fox Business Network names four executive producers

Fox Business Network named Terry Baker, Brian Donlon, Andrew Hoffman and Gary Schreier as executive producers for the new business news network launching Oct. 15. “We are pleased to announce a strong line-up of executive producers who bring seasoned expertise in business programming and content development to FBN,” said Fox News executive vice president Kevin […]

Fox Business Network names five anchors

Fox Business Network has named five anchors from the Fox News Channel business team. They join Neil Cavuto, senior vice president and managing editor of business news, and Alexis Glick, director of Business News. The anchors include: David Asman; Cheryl Casone; Rebecca Gomez; Dagen McDowell, and Stuart Varney. Fox Business Network, which will launch Oct. 15, will […]

Cat fight, or corporate battle

TheStreet.com’s Nat Worden wonders if the alleged cat fight between CNBC anchors Maria Bartiromo and Erin Burnett is real, or the result of the impending battle between the business news cable network and new competitor Fox Business Network. Worden wrote, “Nevertheless, the ultimate coup for the new Fox channel would be to steal Burnett or […]

The Bartiromo-Burnett rivalry

Marketwatch media columnist Jon Friedman examines the rivalry between CNBC anchors Maria Bartiromo and Erin Burnett and notes that the business news cable network has a lot at stake and is counting on its two stars. Friedman wrote, “These anchors have helped it build an audience among the institutional Wall Street crowd. CNBC has become […]

Fox Business Network about to make major hires

Doug Kass of TheStreet.com writes that the upcoming Fox Business Network is attempting to woo some major talent away from rival business news network CNBC. Fox Business Network will launch Oct. 15. Kass wrote, “The launch appears on target, and Director of Business News Alexis Glick (who will also be on air) is expected to […]