Categories: OLD Media Moves

Fox Business Network about to make major hires

Doug Kass of TheStreet.com writes that the upcoming Fox Business Network is attempting to woo some major talent away from rival business news network CNBC.

Fox Business Network will launch Oct. 15.

Kass wrote, “The launch appears on target, and Director of Business News Alexis Glick (who will also be on air) is expected to bag CNBC’s Liz Claman and Eric Bolling.

“Also being ‘courted’ are David Faber and Mark Haines and a well-known CNBC political commentator. Attempts to engage Maria ‘Money Honey’ Bartiromo in a multiyear, multimillion dollar deal were squashed, owing to her contractual obligations. (Her CNBC deal expires in 2009.) A half-hour show, ‘The Bear Cave,’ will be introduced in early 2008, featuring a well-known Kodiak. On a separate note, CNBC will be making some important after-market programming changes later this month.”

Read more here. Claman and Bolling have already left CNBC, but can’t join Fox until their non-compete clauses expire.

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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  • I can't wait for the new Fox business news channel, I won't miss Mario the cheerleader at all, and I am a huge fan of Eric Bolling, now I know why he left the Fast Money show. I will miss Erin Burnett though

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