( Contactmusic ) - With rivals CNBC and Bloomberg TV virtually taking the day off Monday for Martin Luther King Day, the new Fox Business Channel scored a major beat as it covered the plunge of overseas markets live. Its rivals were airing mostly taped programming. Reporting on the coverage, the Los Angeles Times commented today (Tuesday): "With fears of a U.S. recession taking a huge toll internationally, the "live from the stock market" hook that has looked silly in the past suddenly had a great deal of immediacy, and having reporters like Ashley Webster report live from London unexpectedly gave the fledgling channel a leg up on the competition."
NBC - Fox Business Channel Scoops Rivals
22 January 2008 23:11 (UTC+04:00)