Hey, you thought ONE Fox News Channel was bad? How about two of them?
Two and a half years ago, shortly after Rupert Murdoch purchased the Wall Street Journal, Fox News launched the Fox Business Network, to compete with CNBC.
On the surface, it looked like a killer deal: all those giant resources of The News Corps, the mighty Wall Street Journal, and its new TV organ, Fox Business. Say good-bye to CNBC.
In the real world, it hasn’t worked out that way. The Fox Business Network has never been able to get ratings. And for one very good reason: When it comes to business news, those in the business world, even conservatives, just want the straight scoop: what’s going on in markets around the world, which stocks are up, which are down, and why – without any political commentary mixed in. And they couldn’t trust Fox to deliver it straight.
So, now, Fox isn’t even trying any longer. This weekend, they launched a new, conservative, opinion show – FREEDOM WATCH – hosted by conservative legal commentator Andrew Napolitano – on the Fox Business Network! His first guests? Ron Paul, Rand Paul, and Sarah Palin.
And there you have it. The latest from Fox News: not one propaganda channel, but two. The Republican Channel. And the Tea Party Channel.
That’s my parting shot for today.