Fox Business Network

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Infobox radio tower icon
Fox Business Network
Station logo
TV station ( private law )
Program type Sector program (economy)
reception Cable , satellite , IPTV
Image resolution ( Entry missing )
Start of transmission October 15, 2007
owner 21st Century Fox
List of TV channels
Website

Fox Business Network (FBN) is a US American business news channel based in New York City . Like the parent broadcaster Fox News, it belongs to the media group 21st Century Fox (formerly known as News Corporation , not to be confused with the independent News Corp. ) of the conservative entrepreneur Rupert Murdoch .

FBN went on the air on October 15, 2007 and was considered one of the largest reboots in US cable television when it started broadcasting, according to Der Standard . At the beginning, 31.5 million US households were connected via the cable network. Strategically, the operator group wanted to establish its own business television channel with FBN, which would compete with the market leader CNBC from General Electric . The plan was to repeat the success of its Fox News Channel, which four years after its start had replaced CNN as the leading cable news broadcaster. In the long term, he wanted to start national branches of FBN in other countries, as did Murdoch's British Sky Network. The launch of FBN was part of Murdoch's initiative to expand business and financial journalism expertise to include print, television and the Internet. He had previously taken over the Dow Jones , the publisher of the Wall Street Journal, for $ 5 billion (then € 3.51 billion).

Initially, the majority of the formats broadcast by the broadcaster usually had less than 70,000 viewers. In early 2012, management was forced to take drastic measures and cut the entire program that had previously run on Thursdays in prime time and replaced it with reruns.

Like other 21st Century Fox products, FBN is also broadcast as FOX Business Simulcast (Channel 113) via SiriusXM satellite radio .

Individual evidence

  1. STANDARD Verlagsgesellschaft mbH: Murdoch: Fox Business TV soon for 40 million households . In: derStandard.at . ( derstandard.at [accessed on November 15, 2016]).
  2. Federal Agency for Civic Education: bpb.de - Media Database - International - News Corp. Ltd. In: www.bpb.de. Retrieved November 14, 2016 .
  3. ^ Fox Business - The Power to Prosper ™ - SiriusXM Radio . In: SiriusXM . ( siriusxm.com [accessed December 14, 2016]).