Gasparino Joins Fox Business News

Wednesday, 17 Feb 2010 09:35 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
NEW YORK - News Corp's Fox Business Network said it has recruited rival network CNBC's former on-air editor Charles Gasparino to a multiyear deal, adding talent to the relatively young business news network.

Gasparino is best known for breaking numerous stories on major U.S. banking names like Merrill Lynch and Morgan Stanley, particularly during the peak of the financial crisis.

He will debut February 22, taking on the role of senior correspondent working on market updates and breaking news. He will also make occasional appearances on sister network Fox News, a Fox Business spokeswoman said on Tuesday.

"I've been following Charlie for years, he's a terrific business journalist and a great character, making for great TV," Kevin Magee, executive vice president for Fox Business, told Reuters.

In the last year or so, Gasparino developed a tense on-air relationship with some of his fellow CNBC presenters, including a famous meltdown with Dylan Ratigan, who left CNBC last year.

"He has the demeanor and attitude that will do better at Fox Business than he's been able to elsewhere," said Magee.

Gasparino's last day with CNBC was last Friday according to CNBC spokesman. "We thank Charles for all his quality contributions and wish him the best," said CNBC's Brian Steel.

Fox has been aiming to raise the profile and ratings of its two-year-old network by recruiting talent like radio host Don Imus for its morning show.

Veteran business journalist and news anchor Lou Dobbs was widely expected to surface at Fox after he quit CNN in November.

There were reports last year that he had met with Fox News chief Roger Ailes, but Dobbs has yet to be unveiled as a presenter on any Fox channel.

Since its launch in October 2007, Fox Business has struggled against CNBC's ratings dominance in U.S. business television.

Fox Business says it is available in just over 50 million U.S. homes, compared with the roughly 95 million homes that receive CNBC in North America.

CNBC, which launched 21 years ago, is part of General Electric Co's NBC Universal unit.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved