Categories: OLD Media Moves

Fox Business celebrates ninth birthday with top two biz news shows

Brian Jones, the executive vice president of Fox Business Network, sent out the following to the staff on Friday:

Colleagues,

On October 15, 2007, a scrappy little network turned on the lights for the first time. Like Fox News, the Fox Business Network was laughed at by critics and derided by the competition. From a paper plan to launch, we had six months. Six months to hire the best team in financial news. Six months to get all of the equipment and prepare the studios. Six months to develop and prepare programming. We took over the space of a departed law firm on the twelfth floor. Squeezed into the space of a large conference room, you had to create while they built around you. Our first live shot was from the parking lot of CNBC. Sending a message.

We produced a live program every night at happy hour from a bar. We told people to cut up their credit cards and how to keep more of the money they have. This was clearly a different kind of business channel. It launched in HD, the first channel to do so, when viewers were just starting to see what that meant.

And what they’ve seen is that our journalists regularly and consistently break news that makes headlines. And a whole lot more saw when FBN hosted a Republican presidential debate that showed our competitor how to do it right. And then we did it again. Producing the highest ratings in the network’s history.

It’s been nine years. Now the Fox Business Network is the fastest growing network in all of cable for more than a year. FBN had its highest rated year in 2015 and is on track to beat that record this year.

Thank you for the focus, all the long hours, and the hard work.

Thank you for the success.

Fox Business Network shows hosted by Lou Dobbs and Stuart Varney ranked No. 1 and No. 2, respectively, among business news shows in the third quarter.

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.

Recent Posts

Is this the end of CoinDesk as we know it?

Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…

7 hours ago

LinkedIn finance editor Singh departs

Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…

1 day ago

Washington Post announces start of third newsroom

Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…

2 days ago

FT hires Moens to cover competition and tech in Brussels

The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…

2 days ago

Deputy tech editor Haselton departs CNBC for The Verge

CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…

2 days ago

“Power Lunch” co-anchor Tyler Mathisen is leaving CNBC

Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…

2 days ago