{"id":994,"date":"2008-07-27T22:54:40","date_gmt":"2008-07-28T05:54:40","guid":{"rendered":"http:\/\/www.newscorpse.com\/ncWP\/?p=994"},"modified":"2008-12-19T11:09:08","modified_gmt":"2008-12-19T19:09:08","slug":"fox-business-is-still-bad-business","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=994","title":{"rendered":"Fox Business Is Still Bad Business"},"content":{"rendered":"<p><img decoding=\"async\" src=\"\/Pix\/Humor\/foxbiz-2nd-opinion.jpg\" alt=\"Fox Business\" align=\"left\" hspace=\"10\" \/>The first official ratings for the Fox Business Network reveal that the new enterprise is somewhat <a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2008\/07\/25\/AR2008072502843_pf.html\" target=\"_blank\">less than promising<\/a>:<\/p>\n<blockquote><p><span style=\"color:#0d00d0;\">&#8220;For the first three weeks of July, according to Nielsen figures obtained yesterday that have not been publicly released, Fox Business Network is averaging just 8,000 viewers during daytime hours, and 20,000 in prime time.<\/span><\/p>\n<p><span style=\"color:#0d00d0;\">CNBC, by contrast, is drawing an average of 284,000 viewers during the day and 191,000 in prime time.<\/span><\/p><\/blockquote>\n<p>Fox News Executive VP Kevin Magee immediately unleashed a torrent of excuses:<\/p>\n<blockquote><p><span style=\"color:#0d00d0;\">&#8220;It&#8217;s a slow-growing business, but it is a growing business. I don&#8217;t think anybody here expected us to be on top by the first summer, and we&#8217;re not.&#8221;<\/span> Anyone who believes otherwise is <span style=\"color:#0d00d0;\">&#8220;probably delusional.&#8221;<\/span><\/p><\/blockquote>\n<p>However, ten months ago CEO Roger Ailes <a href=\"http:\/\/www.iht.com\/articles\/2007\/10\/15\/business\/fox.php\" target=\"_blank\">boasted that<\/a>:<\/p>\n<blockquote><p><span style=\"color:#0d00d0;\">&#8220;I&#8217;m not interested in anything short of a revolution.&#8221;<\/span><\/p><\/blockquote>\n<p>I guess he must have meant one of those slow-growing revolutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first official ratings for the Fox Business Network reveal that the new enterprise is somewhat less than promising: &#8220;For the first three weeks of July, according to Nielsen figures obtained yesterday that have not been publicly released, Fox Business Network is averaging just 8,000 viewers during daytime hours, and 20,000 in prime time. CNBC, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1,6],"tags":[182,472,143],"class_list":["post-994","post","type-post","status-publish","format-standard","hentry","category-general","category-ratings","tag-fbn","tag-kevin-magee","tag-roger-ailes"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4Ijg-g2","jetpack-related-posts":[{"id":5576,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=5576","url_meta":{"origin":994,"position":0},"title":"Memo From Fox Business To Staff &#8211; Don&#8217;t Copy Fox News","author":"Mark NC","date":"10\/18\/2011","format":false,"excerpt":"Reuters is reporting that the Vice-President of the Fox Business Network, Kevin Magee, has distributed a memo to his staff admonishing them for being too much like their sister network, Fox News. Magee: \"I've been asked to remind you all again that they are separate channels and the more we\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":740,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=740","url_meta":{"origin":994,"position":1},"title":"Fox Business Network Limps Out Of The Gate","author":"Mark NC","date":"1\/5\/2008","format":false,"excerpt":"The new Fox Business Network may not be living up to the hype. Although Nielsen ratings are not being officially released, numbers have leaked that don't auger well for Murdoch's new baby: \"After less than three months on the air, Fox Business Network is averaging a mere 6,000 viewers in\u2026","rel":"","context":"In &quot;Big Media&quot;","block_context":{"text":"Big Media","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=12"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6373,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=6373","url_meta":{"origin":994,"position":2},"title":"Fox Business Network Cancels Entire Primetime Lineup","author":"Mark NC","date":"2\/10\/2012","format":false,"excerpt":"The day after News Corp released their latest quarterly earnings report, they made another announcement that somehow was left out of the earnings conference call. The struggling Fox Business Network (FBN) has, in one fell swoop, canceled their entire primetime lineup. Wiped from the schedule are \"Freedom Watch\" with Andrew\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7345,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=7345","url_meta":{"origin":994,"position":3},"title":"What Does MSNBC Have In Common With Glenn Beck?","author":"Mark NC","date":"6\/18\/2012","format":false,"excerpt":"Last week Dylan Ratigan announced that he would be leaving his program on MSNBC. That leaves a vacancy in the afternoon for the network that could be used as an opportunity to jumpstart their stagnant ratings. Unfortunately, the programming geniuses at MSNBC seem to be more interested in committing ratings\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7213,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=7213","url_meta":{"origin":994,"position":4},"title":"Fox Nation: Historic Debacle At CNN","author":"Mark NC","date":"6\/1\/2012","format":false,"excerpt":"It has been well documented that Fox News is a disreputable enterprise that shuns any semblance of journalistic ethics. The most recent example, producing and airing an anti-Obama campaign-style video, perfectly demonstrates how far afield they are from a being legitimate news organization. Amongst the traits of Fox News that\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30569,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=30569","url_meta":{"origin":994,"position":5},"title":"The Creeping Fox News Contagion: MSNBC&#8217;s New Executive In Charge Of Morning Joe","author":"Mark NC","date":"1\/5\/2016","format":false,"excerpt":"Taking another leap toward the dark side, MSNBC announced today that they have hired Kevin Magee to serve as executive in charge of Morning Joe, the three hour block of programming hosted by former Republican representative Joe Scarborough. Magee is a former executive vice-president at Fox News. The immediate ramifications\u2026","rel":"","context":"In &quot;General&quot;","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"Morning Joe Scarborough","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/scarborough-foxnews.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/scarborough-foxnews.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/scarborough-foxnews.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=994"}],"version-history":[{"count":0,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/994\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}