Categories: OLD Media Moves

CNBC threatening guests who appear on Fox Business Network

Douglas McIntyre of 24/7 Wall Street reports that business news cable network CNBC is making sure that its regular guests don’t show up anywhere else.

McIntyre wrote, “Perhaps GE (GE) unit CNBC should let Fox Business succeed or fail on its own merits. Threatening guests who appear on Fox with banning them from CNBC seems a bit thuggish.

“In a note to Fox producers an executive at Jefferies & Co. said he could not appear on the new network without losing his place on CNBC. Arthur R. Hogan, the Director, Global Equity Product at the investment bank, wrote Fox ‘CNBC has put pressure on me not to do spots for any other business news stations.’

“CNBC executive editor Nick Dunn must not think he can compete with Fox head-to-head. In another e-mail quoted by ‘Inside Cable News’ he wrote a guest ‘Saw you on the new network. Please don’t make that a regular thing.'”

Read more here. Hey, at least it shows Dunn is watching.

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.

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  • CNBC thinks it does you a favor by deigning to let you donate your time to their network free of charge. Fox may have the same attitude but CNBC pushes arrogance to new limits.

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