Categories: OLD Media Moves

Celebrating the Fox Business Network launch

Paul J. Gough of the Hollywood Reporter attended the party Wednesday night to celebrate the launch of Fox Business Network and writes about what News Corp. CEO Rupert Murdoch said to attendees.

Gough said, “Murdoch, speaking at the circa 15 B.C. Egyptian Temple of Dendur at the Metropolitan Museum of Art to celebrate the nine-day-old network, said that American business is held up as the standard for ethics and freedom around the world.

“‘Not that you’d know that from much of the business coverage,’ Murdoch said in reference to the rival CNBC that Murdoch is challenging with Fox Business.

“He said Fox Business still will cover scandal in the business world, though.

“‘We’d be just as tough as anyone in protecting investors,’ Murdoch said. But he added that Fox Business will celebrate free markets and business success.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.