Media

Fox Business Lasts Less Than Two Years

TVMSBNC, operated by the NBCU division of GE (GE) and CBS (CBS) made the mistake of throwing Don Imus off the air in April 2007. He made intemperate and distasteful comments about black women basketball players at Rutgers. It is what the old fool has been doing for years. It is hard to imagine why the two media companies expected more from him.

Imus staged a comeback by moving to WABC in New York and onto RFD TV. RFD never had any audience, so it was only a matter of time before Imus found another TV network to simulcast his radio show which runs weekday mornings during drive time and ends at 10 AM.

Fox Business, launched in October 2007 by News Corp (NWS), was never able to get any significant audience, so, after less than two years one the air, it is throwing in the towel on business programming during its most important part of the day, from 6AM to 9AM. According to The New York Times, “the Fox Business Network said Thursday that it would simulcast the “Imus in the Morning” radio show starting on Oct. 5.”

Fox Business will continue to run financial programming during the rest of the day, but having surrendered the core of its schedule, the channel is dead as a competitor to CNBC and Bloomberg TV.

Douglas A. McIntyre

The #1 Thing to Do Before You Claim Social Security (Sponsor)

Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.

A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.