Joshua Chaffin of The Financial Times takes a look at how the new Fox Business Network might impact the business news landscape on television.
“Indeed, the network last week reshuffled its after-market programming. It has also been investing in more original prime-time fare in an effort to carry its trading day audience into more lucrative advertising territory. It has even adopted a bit of Fox’s flag-waving spirit, with segments such as ‘Keeping America Great’.
“Still, some media executives warn that even a moderate incursion by Fox Business could blunt advertising and subscriber growth at one of NBC Universal’s most important franchises.
“CNBC could be facing even more competition at a time when newspapers are offering video on their websites, and financial data providers, such as Bloomberg, have moved into television.”
Read more here.
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