Cable / Telecom News

Fox Business News: Who’ll sponsor it first?


NEW YORK - News Corporation said yesterday it will launch FOX Business Channel in the fourth quarter of 2007. Roger Ailes, chairman and CEO, FOX News and Chairman, FOX Television Stations will develop and oversee the new venture. In order to gain carriage in Canada, the new channel will have to be sponsored by a Canadian broadcast distribution undertaking in an application to the CRTC for addition to the eligible satellite list. (A bigger question would be that with ROBTv, CNBC and Bloomberg already serving the business news market here, how many will want to pay for it?) Stateside, however,...