Glick contract expiring, no replacement named

Joe Flint of the Los Angeles Times reports that Fox Business Network anchor Alexis Glick, who announced her departure on the air Wednesday, was nearing the end of her three-year contract and the network won’t replace here right now.

Flint writes, “Glick, who was also the network’s vice president of business news, was a high-profile hire for Fox Business, but it didn’t pay off in ratings. Glick, whose three-year contract was expiring, had seen her workload cut when Fox Business started to simulcast the morning radio show of Don Imus and canceled Glick’s ‘Money for Breakfast’ show.

“Although Fox Business does not release ratings, the decision to carry Imus has resulted in stronger numbers for the network, people familiar with the situation said. However, Glick was not able to keep the bigger audience Imus was providing. Over 50% of his viewers bailed when ‘Opening Bell’ started to ring.

“Fox Business said it will rotate talent in and out of the show. Among the anchors and reporters expected to get a shot are Jenna Lee, Connell McShane and Liz MacDonald.”

Read more here.