Porter Bibb of Mediatech Capital Partners made an interesting remark during the 3pm hour of CNBC:
| BIBB: One has to begin to wonder how much confidence [Murdoch] has in your competition that’s going to hit the airwaves in the fourth quarter this year. Fox Business needs something like a Wall Street Journal boost to come out of the gate roaring. BARTIROMO: In other words, he does need the Wall Street Journal or something like that, a leader in business information, in order to really take the Fox Business News channel to where he wants to take it. BIBB: I think that’s part of it… |
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