Tag Archives: Fox Business Network

Maria-Bartiromo

Why Bartiromo will fit in at Fox Business

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Albert Kleine of Media Matters for America writes about why CNBC anchor Maria Bartiromo will fit in well at Fox Business Network, her anticipated new employer and which he argues has a pro-business, anti-government slant to news.

Kleine writes, “In 2011, Bartiromo repeatedly argued that the National Labor Relations Board (NLRB) should not have intervened when Boeing was accused of anti-labor practices, going so far as to claim that the only reason NLRB filed suit against the company was because Boeing’s jobs are non-union. In late 2012 when Citigroup CEO Vikram Pandit unexpectedly resigned, Bartiromo asserted that is was because he was ‘[g]etting bashed and bashed and bashed again by the President, by the populists.’ And of course, there is Bartiromo’s recent staunch defense of JPMorgan Chase CEO Jamie Dimon, despite the fact that Dimon headed the investment bank when it was involved in allegedly fraudulent deals in the mortgage security market just before the financial crisis.

“Bartiromo’s soft approach to business interests is exactly what will make the host successful at Fox. The network regularly accuses the federal government of committing ‘shakedowns’ whenever big business interests are held accountable for misconduct, even when there is mounting evidence of wrongdoing. Similar to Bartiromo’s assertion that Pandit resigned because of pressure from the Obama administration, Fox Business’ Stuart Varney claimed that when Standard & Poor’s Devan Sharma stepped down as president in 2011 it was because the Obama administration was exacting revenge for S&P’s downgrade of the U.S. credit rating.

“Bartiromo’s defense of big business is not the only reason she’ll fit in at Fox — she’s also well-practiced in false, conservative attacks on President Obama. In October 2012, she suggested that the reason President Obama did not refer to the September 2012 attacks in Benghazi, Libya as ‘terrorism’ — a well-worn falsehood — was because he may have been trying to garner support for cuts to military spending.”

Read more here.

Maria Bartiromo

TV exec: Bartiromo’s switch means booking wars are over

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Claire Atkinson and Bruce Golding of the New York Post have more analysis on the departure next week of CNBC anchor Maria Bartiromo, who is apparently moving to rival Fox Business Network.

Atkinson and Golding write, “Fox Business didn’t confirm its hire, but sources said Bartiromo’s pact with the network was all but finalized.

“One former TV news exec said Bartiromo’s move meant that ‘the wheels are officially falling off of the NBC News Group.’

“‘Maria is a huge loss for CNBC,’ the source said. ‘Booking wars are officially over with her departure….CNBC will not get the big gets.’

“Bartiromo’s departure is also a sign that NBC News Group Chairmwoman Pat Fili-Krushel ‘can’t keep her top-tier talent happy,’ the source added.

“‘Ratings are dreadful at CNBC and they have just lost their biggest draw. Advertisers will be angry,’ the source said.

“‘Fili-Krushel was just schooled by the brilliant [Fox News chief] Roger Ailes.’

“Sources close to Fox Business anchor Liz Claman, who left CNBC in 2007, also said she’s not likely to be happy at Bartiromo’s arrival.”

Read more here.

Fox Business

Fox Business seeks line producer for “Money with Melissa Francis”

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The ideal candidate will have 5+ years television experience producing live programs, and significant control room experience.

Duties include but are not limited to: line producing a live business news program daily, writing scripts, research support, pitching interesting and creative ideas for segments, helping to manage staff, coordinating graphics, producing segments and reporter hits, booking guests, and most importantly the ability to work under intense deadline pressure during market hours.

Candidates must show high-level knowledge of the financial markets, business news and have the ability to react to breaking news with instant programming ideas.

A successful candidate will be an aggressive, self-starter who can interact with high profile talent and all-level guests.

Also required: great communication skills, creative and “out of the box” thinking, someone who can multi-task, has a terrific attitude, and works well with a team.

To apply, go here.

Claman Twitter

Fox Business criticizes Twitter for not giving them interview

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Liz Claman and Nicole Petallides of Fox Business Network went on the air Thursday afternoon to criticize Twitter executives for giving an interview to rival CNBC but not to them, reports Andrew Kirell of Mediaite.

Kirell writes, “Claman also slammed ‘another business network’ for, she believes, dictating how Twitter handles its press relations.

“‘We need to let you guys know something that we found disturbing,’ Claman opened the show. ‘Twitter refused to give us a Fox Business interview today. Were they afraid that we were the only business network that would ask tough questions? I mean, I don’t know, right?’

“She lamented how the snubbing came despite the fact that ‘we were the first business network to ever put [Twitter] on-the-air back in 2008.’

“‘Our producer was escorted away from [Twitter],’ Claman alleged before scolding the company: ‘So in their young life as a publicly-traded company, always claiming they think independently, did twitter allow another business network to tell them how and where they can get their shareholders’ message out?’

“She was obviously referring to rival network CNBC, who had earlier aired an ‘exclusive’ interview with Twitter CEO Dick Costolo in light of today’s IPO.”

Read more here.

Gasparino Bond Buyer

Fox Biz’s Gasparino criticized for tweeting Bond Buyer was closing

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Fox Business Network reporter Charles Gasparino created a controversy with other business journalists by tweeting that he had heard the Bond Buyer newspaper was closing without calling to confirm if that was true.

The Huffington Post has the entire brouhaha, but summarizes it by stating, “The Fox Business star, formerly of CNBC and The Wall Street Journal, spent much of the day reenacting World War II, playing the role of all of the combatants at once in a sprawling brawl with pretty much everybody else on Twitter. In the process, he managed to belittle and insult writers and editors at news outlets from American Banker all the way to BuzzFeed.”

Here is Gasparino’s original tweet:

Gasparino Bond Buyer

But it quickly disintegrated, including this back and forth between Gasparino and Heather Landy, the editor of American Banker magaziune, which is owned by the same company as Bond Buyer:

Landy and Gasparino

Jon Stewart jihad

Jon Stewart takes on Fox Business, CNBC

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The Daily Show anchor Jon Stewart, famous for his take down of CNBC anchor Jim Cramer five years ago, had more criticism for television business journalism on his show Wednesday night.

Fox Business

Fox Biz seeks associate producer for Countdown

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Fox Business Network is seeking a business news Associate Producer for Countdown to the Closing Bell.

Candidate should have 2-3 years experience writing and producing business news for television.  Live control room experience required.   Markets knowledge a plus and the ability to break down and explain fairly complex financial stories.  Must have excellent news judgment, and strong organizational skills.

A successful candidate will be an aggressive, self-starter who can interact with high profile talent and all-level guests.   Must be a leader and team player.  Also required: great communication and research skills, as well as creative and “out of the box” thinking.

To apply, go here.

Fox Business

Fox Business now airing on XM Sirius radio

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Fox Business Network went live Friday on Sirius XM Radio, bringing the business news channel to the satellite radio network’s 25 million subscribers.

A story on the Fox Business website by Matthew Rocco states, “Last month, Sirius XM unveiled an agreement with 21st Century Fox (FOXA) to continue carrying FOX News Channel and adding FOX Business to its lineup through August 2019.

“The deal also brought the two channels, as well as FOX News Talk, to the company’s Internet radio service and mobile apps.

FOX Business is available on Sirius XM channel 113, and listeners can find FOX News on channel 114. FOX News Talk streams online on channel 450.”

Read more here.

Fox Business

Fox Business seeks freelance assignment editor

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Primary responsibility is to run the Fox Business News assignment desk operation. This person will direct New York-based reporters, producers and camera crews to carry out the daily news gathering of Fox Business Network, and will be responsible for gathering, researching and coordinating all events.

Requirements:

  • Bachelor’s Degree and 3+ years assignment desk and or planning desk experience
  • Good editorial judgment as well as strong logistical skills
  • The ability to work well in a fast paced and intense atmosphere
  • Familiar with iNews.
  • Flexibility to work various shifts when needed
  • Motivated self-starter who is able to work independently and in a team environment
  • Ability to multi-task and prioritize

To apply, go here.

Fox Business

Fox Biz beat CNBC in daytime rankings on Wednesday

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Fox Business Network had better ratings than CNBC among the advertising demo of people aged 25–54 for every hour between 2 p.m. and 6 p.m. on Wednesday, according to Nielsen Media Research.

Michael Ide of ValueWalk.com reports, “Lou Dobbs also bested his rival, CNBC host Larry Kudlow, in both total viewers and the advertising demo. This news is another blow against the network, which just had its worst quarter in twenty years.

Maria Bartiromo and Bill Griffith’s Closing Bell was the worst performer, with 58 percent fewer viewers in the demo than FBN’s After the Bell from 4pm to 5pm, and 38 percent fewer than Countdown to Closing Bell from 3pm to 4pm. Fast Money had half as many viewers in the demo as Money with Melissa Francis, and Street Signs had 38 percent fewer viewers than FBN’s Markets Now. FBN has been outperforming CNBC for a while now, but this is the first time they managed to completely sweep the afternoon shows in the demo.

“CNBC, the channel that calls itself ‘First in Business Worldwide,’ now looks like it’s second behind FBN in the afternoon, and will need to do something drastic if it is going to recover its dwindling audience. Their problems have extended back at least a couple of quarters, and there were rumors over the summer that Kudlow might be replaced with someone.”

Read more here.