Categories: OLD Media Moves

Fox Business tops CNBC for fifth straight month

Fox Business Network topped CNBC in viewership during the business day for the fifth consecutive month, reports David Bauder of the Associated Press.

Bauder writes, “FBN averaged 218,000 viewers during the hours between 9:30 a.m. and 5 p.m. in February, an increase of 59 percent over February 2016. CNBC, meanwhile, dropped from 212,000 to 182,000 in the same measurement, Nielsen Media Research said.

“That’s a startling change for a marketplace where CNBC was once considered the unquestioned leader. But CNBC has suggested those raw numbers are deceptive: the network stopped using Nielsen as a basis for advertising sales two years ago because the service did not measure viewership in offices or anyplace out of the home, and also short-changed its count of wealthier viewers that CNBC targets. Nielsen says it will begin counting out-of-home viewership starting in April.

“Fox Business Network traces its surge to a decision in 2015 to load its daytime lineup with more of its most prominent hosts: Maria Bartiromo, Stuart Varney, Neil Cavuto, Trish Regan and Liz Claman — all CNBC alumni. The network also takes a broader view of business news than its competitors; during Regan’s show on Tuesday, most of the talk was political, discussing President Donald Trump’s upcoming speech before Congress.”

Read more here.

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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