Fox Business re-signs Payne to multi-year deal

Fox Business Network has re-signed Charles Payne to a multi-year deal where he will continue as host of “Making Money with Charles Payne.”

Terms were not disclosed.

“Charles’ ability to identify news-driven investment opportunities has made his show appointment viewing for the business audience,” said Fox Business president Brian Jones in a statement. “We’re thrilled to have him continue in his role as host of ‘Making Money,’ which is the No. 1 program in its timeslot.’

“Making Money” launched in 2014, and has recently become the number one rated show in its 6 p.m. time slot, besting CNBC’s “Mad Money” hosted by Jim Cramer in total viewers for 15 consecutive weeks. The program, which explores investment opportunities based on the day’s top stories, has seen a double-digit increase in both total viewers and the advertiser friendly 25-54 demographic over the past year.

Payne joined the network when it launched in 2007 as a contributor, providing market commentary across both Fox Business and Fox News. In addition to his role on Fox Business, he also frequently appears on Fox News Channel’s “Your World with Neil Cavuto,” “Cashin In,” “Cost of Freedom” and “Bulls & Bears” as well as “Varney & Co.” on Fox Business.

Payne began his career on Wall Street as an analyst at E.F. Hutton in 1985. He founded Wall Street Strategies, an independent stock market research firm, in 1991, and currently serves as the chief executive officer and principal analyst. He published his first book titled “Be Smart, Act Fast, Get Rich” in May 2007.