Fox Business Network To Debut In October

July 13th, 2007

Rupert Murdoch’s News Corp will launch a new business channel for US cable subscribers on October 15, in a direct challenge to market leader CNBC, operated by General Electric Co’s NBC Universal.

In a statement, News Corp said the Fox Business Network will be headed by Neil Cavuto, a Fox News senior vice president.

I’m surprised it took Rupert Murdoch this long to get FBN out of the gate.

Technorati Tags: Fox Business Network, Rupert Murdoch

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