Fox Business Net Sets Launch Date

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NEW YORK Fox News on Wednesday said that its spin-off financial news channel, Fox Business Network, would launch on Oct. 15, to a potential audience of 30 million U.S. households.

Primed as a direct competitor to CNBC and Bloomberg TV, FBN has cut distribution deals with Comcast, Time Warner Cable, Charter Communications and DirecTV, giving it a foothold in the world’s financial center and a host of other major DMAs.

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