Categories: OLD Media Moves

Fox Business brand jumps in 2008

YouGovPolimetrix’s BrandIndex, which tracks consumer perception of some 1,000 brands via daily polls, is reporting that the Fox Business Network brand is among the top gainers for 2008, reports Les Luchter of MarketingDaily.

Luchter writes, “21 of the bottom 25 decliners during the second half of the year were financial service firms — all victims in one way or another of the year’s financial crisis, with AIG, Wachovia, Washington Mutual, Merrill Lynch and Morgan Stanley filling the bottom five spots.

“Yet two financial institutions — Bank of America, which acquired Merrill Lynch, and Wells Fargo, which acquired Wachovia — actually saw their consumer health increase. ‘They both came to the rescue of some other brands that were not doing well,’ says Ted Marzilli, senior vice president and general manager of BrandIndex. And a network that covers finance, Fox Business Channel, zoomed up the list to become the 15th-largest gainer of all brands.

“As for the other four in the bottom 25 decliners, two of them — Linens ‘n’ Things and Circuit City — filed for bankruptcy during the second half of 2008.”

Read more here.

Recent Posts

UN ambassador blasts Russia over WSJ’s Gershkovich

The U.S. ambassador to the United Nations has lambasted Russia over its continued detention of…

9 hours ago

WSJ shifting Asia ops to Singapore, layoffs occurring

Wall Street Journal editor in chief Emma Tucker sent out the following on Thursday: Today we announced…

16 hours ago

Is it a news organization, or a hedge fund?

Clare Malone of The New York writes about Hunterbrook, which is using reporting from journalists to…

17 hours ago

Awards editor Coates is leaving The Hollywood Reporter

The Hollywood Reporter awards editor Tyler Coates is leaving the news organization. His last day will be…

17 hours ago

Purkess promoted to consumer features editor at The Sun

Laura Purkess has been promoted to consumer features editor at The Sun. She will maintain…

17 hours ago

Ferrier, senior biz reporter at Coloradoan, is retiring

Pat Ferrier, senior business reporter at the Coloradoan in Fort Collins, is retiring after 23…

17 hours ago