Categories: OLD Media Moves

Fox stock index includes CNBC parent GE, but not Fox parent News Corp.

Megan Barnett of Conde Nast Portfolio wants to know why the new Fox 50 stock index introduced by the Fox Business Network includes rival CNBC parent General Eletric, but not Fox’s parent, News Corp.

Barnett wrote, “And there’s one more thing that Fox viewers might want to consider about the index. Fox’s hand-picked list of the ‘brands you know,’ does not include Fox parent company, News Corp. In fact, we don’t know why or how they picked the brands they included.

“But evidently their methodology did give a nod to Fox Business News’ primary competitor, CNBC. Its parent, General Electric, is helping to move the stock index of your life.”

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.