Fox to launch business news TV channel
Rupert Murdoch has confirmed that Fox is considering launching a business news channel to rival CNBC. According to media reports in the US, Murdoch said Fox is "capable of doing it very quickly." He said the cable channel would be launched in "the foreseeable future," depending on distribution negotiations, which are "only just beginning." It follows CNN's decision to close down CNNfn. The channel would be almost certain to launch on Sky Digital, which is also part Murdoch-owned.
Rupert Murdoch has confirmed that Fox is considering launching a business news channel to rival CNBC. According to media reports in the US, Murdoch said Fox is "capable of doing it very quickly." He said the cable channel would be launched in "the foreseeable future," depending on distribution negotiations, which are "only just beginning." It follows CNN's decision to close down CNNfn. The channel would be almost certain to launch on Sky Digital, which is also part Murdoch-owned.
