Jones is the new head at Fox Business Network

Brian Jones is now the president of Fox Business Network in the wake of the departure of Bill Shine from Fox News, reports Brian Flood of The Wrap.

Flood writes, “Jones, who was the network’s executive vice president, will take on the responsibilities of ex-Fox News co-president Bill Shine, who stepped down on Monday amid ongoing sexual harassment allegations. Shine was largely responsible for a ton of FBN’s success, but Jones was on his staff when the network was revamped in 2014. In fact, Jones has been second in command at FBN from the time it launched in 2007 and was considered Shine’s right-hand man.

“This past Sunday, The Philadelphia Inquirer’s business section had a front-page article headlined, ‘Comcast’s CNBC faces a big threat from Fox Business Network.’ CNBC executives surely took notice, especially considering the network’s parent company, Comcast, is based in Philadelphia.

“This type of headline would have been unthinkable just a few short months ago as CNBC is a legacy brand that dominated the financial television industry since 1989, while Fox Business has only been around for nine years.

“April’s viewership win included a double-digit increase for all of the network’s Business Day programming. FBN also had six of the top 10 business programs on television, with ‘Lou Dobbs Tonight’ picking up its 12 straight month as the most-watched business show in cable news.”

Read more here.