The Fox Business Network ( FBN ), also known as Fox Business , is an American cable and satellite business news channel owned by Fox Entertainment Group division 21st Century Fox. This network deals with business and financial news. The day-to-day operations are run by Kevin Magee, executive vice president of Fox News; Neil Cavuto manages content and business news coverage. In February 2015, the Fox Business Network is available for approximately 74.224 million pay-TV households (63.8% of households with television) in the United States.
Video Fox Business Network
Histori
News Corporation chairman Rupert Murdoch confirmed the launch in his keynote address at the 2007 McGraw-Hill Media Summit on February 8, 2007. Murdoch has publicly stated that if the purchase of News Corporation from The Wall Street Journal has gone through and if it legally possible, he will recover the channel with a name that has " Journal " in it. However, on July 11, 2007, News Corporation announced that the new channel would be called Fox Business Network (FBN). The Fox Business Network Name is selected through the Fox Business Channel because of the FBC pre-existing (though rarely) used legal abbreviation for Fox Newscasting's News Corporation broadcasting network.
The channel was launched on October 15, 2007. The network is housed in channel 43 on the New York City market in a basic standard cable package, which is home to the NYSE and NASDAQ stock exchanges. It's paired with the Fox News Channel's brother network, which moves to channel 44 (CNBC performed on channel 15 on the New York City Time Warner Cable region system). FBN accepts transportation on Cablevision channel 106, only available through subscription to its IO Digital Cable package. According to an article in Multichannel News, NBC Universal paid up to "several million dollars" to ensure that CNBC and Fox Business will be separated on the dial, and to maintain a "premium" CNBC channel slot. At the time FBN was made on Time Warner Cable only on its analogue service in New York City (most systems since switching to digital only); in other markets, cable cars are limited to premium digital cable packages at an additional cost. Verizon's FiOS TV also brings the network to the main list (SD 117 and HD 617 channels). Dish Network started carrying FBN on channel 206 on February 2, 2009. FBN also received trains on the DirecTV 359 channel. As growth, some providers did move channels to their basic packages, and some have paired Bloomberg Television, CNBC and FBN next to each other as part of the 'genre' channel map.
On May 12, 2008, Fox Business Network changed its daytime range, which included the debut of two new programs, Countdown to Closing Bell and Fox Business Bulls & Bear . On April 20, 2009, Money for Breakfast Bell Opening at Fox Business (both hosted by Alexis Glick), The Noon Show with Tom Sullivan and Cheryl Casone , Countdown to Closing Bell , Fox Business Bulls & amp; Bear , and Cavuto all moved to the new G Network set of networks. The six events shared the same set in Studio G, which was introduced on Money for Breakfast on the same day.
On September 17, 2012, FBN switched to letterbox format on its standard definition feed; simultaneously, all programs start appearing on the HD feed in the full 16: 9 image format, resulting in the deletion of right-side content wings. The network also debuted new charts on the same day.
On February 24, 2014, Bell's opening with Maria Bartiromo debuted on FBN at 09:00 ET, replacing the last 20 minutes of Imus in the Morning (self-cut from 200 minutes up to 180 minutes) and moved Varney & amp; Company (which is also extended to 2 full hours) to 11am ET time slot.
On May 29, 2015, Imus in the Morning ended after a 5-1/2 year run, when Don Imus retired from television, resulting in major changes to FBN's daytime programming lineup on June 1, 2015. > Best of Imus in the Morning , broadcast from 5-6 am ET, replaced with a new morning business program, FBN AM . Maria Bartiromo, whose Bell opening program was also canceled on May 29, debuted her own morning program, Morning with Maria , in the time slot previously occupied by the previous < i>> Imus in the Morning (6-9 am ET). Varney & amp; Company moved to time slot 9: 00Ã, a.m. ET and also, expanded to 3 hours from 9:00 am to noon ET. FBN AM and Morning with Maria are among the four new programs debuting on June 1, with Cavuto: Coast to Coast and Intelligence Report with Trish Regan to be another.
On November 10, 2015, the Fox Business Network, along with The Wall Street Journal hosted the first presidential debate of the Republican Party, setting a ranking record for the network with 13.5 million viewers. The debate also generated 1.4 million concurrent streams, making it the most reviving main debate in history and defeating the 2015 Super Bowl with 100,000 streams. Fox Business Network hosted the second major Republican debate on January 14, 2016 in Charleston, South Carolina with Neil Cavuto and Maria Bartiromo acting as moderators. Both primetime debates also include an earlier debate featuring presidential candidates not ranked high in national and Iowa or New Hampshire-based polls.
Maps Fox Business Network
High definition
The high definition simulcast of Fox Business Network is broadcast in 720p resolution format. The programming displayed on this feed originally generated in high definition, but is trimmed into 4: 3 images and pushed to the left side of the screen, with additional space used for additional content, such as stats and diagrams, and wider ticker with more space; an information sidebar named "The Fox HD Wing" (a channel of CNBC HD competitor using an enhanced HD format until October 13, 2014, when it was discontinued altogether).
The sidebar graph is dropped as a result of network switching to the 16: 9 box format on September 17, 2012, ending an enhanced HD format altogether. The ticker and headline enhancements, previously seen in the old sidebar graph, are moved to a lower third of the screen. Both SD and HD feeds now use the exact same 16: 9 letter format as the sister network owned by 21st Century Fox.
Competition with other business and financial news channels
Before the network goes live, some specific facts are made public for the type of programming approach that will be taken by Fox Business. However, some details arose about how it would differentiate itself from its main competitor, CNBC.
At a media summit hosted by BusinessWeek magazine, Rupert Murdoch was quoted as saying CNBC was too "negative to the business". They promised to make Fox Business more "business friendly". In addition, Fox Business is not expected to "hunt" many of CNBC's broadcast talents anytime soon, as most of the characters in the air have been locked in long-term contracts. However, it still opens the possibility of networking taking some of the other CNBC staff, including editors, producers and other journalists. News Corporation, Fox Force's former Fox Business Channel (to all Fox movies and most of its television properties split into 21st Century Fox in June 2013), made a successful bid for Dow Jones, the owner of the Wall Street Journal . However, CNBC stated in the air that they have a contract with Dow Jones until 2012. One potential problem down the road is the fact that CNBC operates several news agencies under the same roof as the Wall Street Journal.
Programming and on-air staff
David Asman, Maria Bartiromo, Cheryl Casone, Dagen McDowell, and Stuart Varney are the anchors for the Fox Business Network; they also appear on the Fox News Channel. In addition, Brenda Buttner also entered the list on the FBN until he graduated in 2017.
Other anchors include Peter Barnes, Tom Sullivan, Jenna Lee, Nicole Petallides and Cody Willard. Journalists include Jeff Flock ("native" CNN), Shibani Joshi (from News 12 Westchester), and Connell McShane (from Bloomberg Television). The network also added former Hewlett-Packard CEO, Carly Fiorina as a network contributor.
Dave Ramsey has an hour-long prime time event, similar in format to his syndicated radio show, to June 2010. Tom Sullivan broadcasts the Tom Sullivan Show on the radio, with plans to syndicate a national show with help from Fox News Radio. Adam Shapiro (formerly with WEWS-TV Cleveland and WNBC New York City) was added to the Fox Business Network to report from the Washington, D.C. On October 18, 2007, former CNBC broadcaster, Liz Claman joined Fox Business Network as co-anchor of 2-3 p.m. part of the business daylight block with David Asman. His first assignment to FBN was an interview with Warren Buffett.
In April 2008, Brian Sullivan (nothing to do with Tom) joined Fox Business Network, coming from Bloomberg Television. Sullivan, who reunited with Connell McShane's Bloomberg colleague, anchored at 10 a.m. -12 pm. part of a business news block with Dagen McDowell.
In September 2009, Don Imus and FBN reached an agreement to bring his show, Imus in the Morning , at Fox Business. The show began airing on 5 October 2009. Fox had previously negotiated with Imus to bring his show to the network. In November 2007 (when Imus had just returned to the radio, and Fox Business had just begun), the negotiations failed and Imus signed a contract with a rural-oriented RFD-TV cable network.
On December 23, 2009, Alexis Glick left the FBN. Announcing that the day's episode of The Opening Bell would be his last, he said "I know this is not the norm, but I do not believe in a sudden departure." The only reason given by Glick for his departure is that he went to "start a new venture," but sources have noted that Don Imus' new morning show has had a significant effect on Glick's screen time since he signed a contract with the network.
Maria Bartiromo, formerly of CNBC, joined the Fox Business Network as an anchor in February 2014. She reunited with Liz Claman, Melissa Francis and Charles Gasparino, all 3 of whom worked with Bartiromo during her 20-year tenure on CNBC. Trish Regan (another CNBC alumni), who was previously at Bloomberg, joined the FBN in March 2015.
Recently, former head of the British Independence Party Nigel Farage was announced as a commentator on January 20, 2017, the day of presidential inauguration of Donald Trump. Farage will provide political analysis for Fox Business and Fox News.
Sports programming
Fox Business Network sometimes serves as an overflow channel for Fox Sports broadcasts in terms of programming conflicts in Fox, Fox Sports 1, and Fox Sports 2, primarily involving college football. For example in 2017, a game between Baylor and Oklahoma State aired on Fox Business due to a weather-delayed game on FS1. It was reported in May 2018, following a controversial decision in November 2017 to move the first quarter of the Pac-12 soccer game between Washington and Stanford from FS1 to FS2 (which lacks wide trains) due to the NASCAR Camping World Truck Series overrun, that Fox would prefer the use FBN for the Pac-12 overflow situation in the future, as it has a significantly wider distribution (if not slightly wider than FS1 in terms of total households) than FS2.
Air staff
Anchor/host
Journalist
These journalists are based in New York unless otherwise noted.
Contributors
- Nigel Farage
- Jonathan Hoenig
- Dave Ramsey
Former on-air staff
- Brenda Buttner (2007-2016), died 2017
- Alexis Glick (2007-2009), Money for Breakfast and Bell Opener on Fox Business ; no longer in the television industry
- Terry Keenan, host of Cashin 'In 2002-2009 (dead)
- John Layfield, now in WWE
- Jenna Lee (2007-2010), Fox Business Morning ; now with Fox News Channel
- Brian Sullivan; now with CNBC
Rating
On January 4, 2008, the New York Times and several other media reported that FBN had recorded an average of 6,300 audiences, well below Nielsen's 35,000-threshold audience. The amount is so low that Nielsen and FBN are not allowed to confirm the number. The Times and other media outlets noted that this network is less than four months old and only a third of many households like CNBC.
In July 2008, Nielsen estimated that FBN averaged 8,000 audiences per hour during the day and 20,000 per hour of prime time, compared to 284,000 and 191,000 (respectively) for CNBC. As FBN's viewership remains low, Nielsen has difficulty estimating the number of views, and his estimates are not statistically significant. At the time, FBN was available in about 40 million homes to CNBC over 90 million.
In the fall of 2008, FBN lost to CNBC ranked by more than 10 to 1.
In June 2009, FBN showed an average of 21,000 viewers between 5 am and 9 pm, still below Nielsen's threshold, and less than 10% of CNBC's 232,000 for the same time frame. At this point, FBN is available in approximately 49 million homes in the US.
The ratings report of the first episode of Imus in the Morning reported an average of 177,000 viewers (and peak 202,000 in 7:00) in time slots, mostly over the age of 65; this is a tenfold increase compared to the previous morning's show on the network, Money for Breakfast . This program even beat CNBC's Squawk Box in the time slot.
In June 2012, Lou Dobbs Tonight earned an average of 154,000 viewers on the Fox Business Network, prior to its live competition ( Kudlow & Company ) on CNBC.
The Fox Business Network expires in 2015 as the fastest growing television channel in the United States. The first quarter of 2016 allowed FBN to rank strongest in its history with day programming up 111 percent in total viewers and 130 percent at key 25 to 54 demographics, compared with the previous year.
In August 2017, Fox Business has surpassed CNBC's ranking for nine consecutive months, and Lou Dobbs Tonight is the most watched program in the business. CNBC announced in 2015 that it will no longer rely on Nielsen ratings to measure daylight audiences, switching to competitor Cogent Reports instead.
Criticism
Fox's business has been criticized like CNBC for the amount of infomercials aired during overnight hours and especially on weekends. During the events of the 2007-08 financial crisis, however, FBN has forgotten the infomercials and broadcasted overnight coverage of Australia's Sky News Business Channel and Sky News sister networks from the UK to provide a range of overseas reactions to the event.
International broadcast
The channel (as of January 2014) is broadcast to Australia via the Sky News Business Channel. Other possible future countries include the UK, although channel reports are broadcast on Sky News 21st Century Fox in the UK, Canada and Italy, although negotiations are still ongoing with cable and satellite providers. In July 2011, the channel was performed in Sky Italia, the first carriage deal in Europe. Fox Business HD was first broadcast in Israel by cable provider HOT in 2015, and was also carried by Cellcom TV and TV Partner.
On April 20, 2009, the Canadian Radio-television and Telecommunications Commission approved the Fox Business Network for distribution in Canada; however, he has not received carriage to cable and satellite providers in the country.
The Fox 50
Fox Business has assembled an industry index of "the largest US companies that make products you know and use every day." This index includes:
Anheuser-Busch and Merrill Lynch were included in the original index, but each was acquired by another company in 2008. They were replaced by Wells Fargo and HP. This index is not available for purchase in the form of index funds or ETFs. The fund received criticism from some financial bloggers for indexing with so many competing brands (such as FedEx and UPS; McDonald's and Yum! Brands; WalMart, Target and Costco; Apple, Dell and Microsoft; and Coca-Cola and PepsiCo).
Competitors
- Bloomberg Television
- CNBC
International competitors include:
- BBC World News
- CGTN News
- TheAsian Channel News
- CNN International
- Deutsche Welle
- Euronews
- French 24
- Sky News
- Sky News Business Channel
References
External links
- Official website
Source of the article : Wikipedia
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