Categories: OLD Media Moves

Fox Business: We can use WSJ reporters for breaking news

Michael Learmonth of Silicon Alley Insider is reporting that Fox Business Network head Kevin Magee believes that the network can go ahead and use Wall Street Journal reporters on its shows despite the newspaper’s agreement with rival CNBC.

Learmonth wrote, “Magee, speaking at the Always On conference yesterday, didn’t go into details about FBN’s plans to use WSJ staff. But he did lay out his case: ‘There are some restrictions. We can’t just go ahead and use anything. I believe the restrictions involve regularly-scheduled, branded segments. There is a carve-out for non-business news and there is a carve-out for breaking news.’

“How does Magee know? He was working at CNBC when the deal was struck. ‘The Wall Street Journal and Dow Jones has an existing contract with CNBC that actually got started while I was there; I was part of the team that helped integrate it,’ he said.

“Fox News is already making liberal use of some of the WSJ’s most prominent writers, including columnist Peggy Noonan and Washington bureau chief Jerry Seib during Fox’s SOTU coverage.”

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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.