Latest Fox Business Videos ద్వారా 1ClickProduct

Fox Business Network (FBN), also known as Fox Business, is an American cable and satellite business news television channel that is owned by the Fox Entertainment Group division of 21st Century Fox. The network discusses business and financial news. Day-to-day operations are run by Kevin Magee, executive vice president of Fox News; Neil Cavuto manages content and business news coverage. As of February 2015, Fox Business Network is available to approximately 74,224,000 pay television households (63.8% of households with television) in the United States.

News Corporation chairman Rupert Murdoch confirmed the launch at his keynote address at the 2007 McGraw-Hill Media Summit on February 8, 2007. Murdoch had publicly stated that if News Corporation's purchase of The Wall Street Journal went through and if it were legally possible, he would have rechristened the channel with a name that has "Journal" in it.[2] However, on July 11, 2007, News Corporation announced that the new channel would be called Fox Business Network (FBN).[3] This name Fox Business Network was chosen over Fox Business Channel due to the pre-existing (though seldom used) legal abbreviation of "FBC" for the then-News Corporation-owned broadcast network Fox Broadcasting Company.[4]

The channel launched on October 15, 2007.[5] The network is placed on channel 43 in the New York City market, which is home to the NYSE and NASDAQ stock exchanges. It is paired with sister network Fox News Channel, which moved to channel 44 (CNBC is carried on channel 15 on Time Warner Cable's New York City area systems).[6] FBN received carriage on Cablevision channel 106, only available via subscription to its IO Digital Cable package. According to an article in Multichannel News, NBC Universal paid up to "several million dollars" in order to ensure that CNBC and Fox Business would be separated on the dial, and in order to retain CNBC's "premium" channel slot.[7] However, it is important to note that FBN is carried on Time Warner Cable only on its analog service in New York City; in other markets, the channel's carriage is limited to digital cable.[8] Verizon's FiOS TV also carries the network on its premier lineup (SD channel 117 and HD channel 617). Dish Network began carrying FBN on channel 206 on February 2, 2009. FBN also received carriage on DirecTV channel 359.