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Fox News' Definition of "Business News" (What a Laugh)

Reported by Melanie - March 31, 2005

Rupert Murdoch, the CEO of News Corp., the parent company of Fox News, is trying to decide whether or not to launch a 24-hour cable business news channel. Rumor has it that if he decides to do so, the channel would debut sometime this fall.

While business news isn't particularly interesting to many of us, we thought it important to monitor Fox's weekday "premier business news" program, Your World w/Neil Cavuto, in an effort to show that Your World isn't a "business news" program at all. Your World airs weekdays at 4:00 p.m. ET and again at 1:00 a.m. ET and it spews forth the same right wing propaganda heard on other Fox News shows, under cover of being a "business news" show. When we learned that News Corp. was considering launching a business channel, we were alarmed because should that happen, Rupert Murdoch will have yet another means of delivering his radical, Republican message to the citizens of our country.

To give you an example of what "business news" means to Rupert Murdoch, News Corp. and Fox News, here is what took place today on Your World w/Neil Cavuto, "the most watched business news show on the planet," anchored by Neil Cavuto, who Fox News advertises as the "king of business news" (today Brenda Buttner was the substitute host):

--Reporter Julie Banderas in Pinellas Park, Florida on Schiavo.

--Reporter Greg Palkot in Rome on the Pope's condition.

--Rev. James Dobson, of Focus on the Family regarding Schiavo.

--Actor Pat Boone on "America's Joan of Arc," Terri Schiavo.

--David Corn of The Nation magazine and Cal Thomas of Fox News regarding Schiavo.

--Rev. Pat Robertson regarding Schiavo.

--Greg Palkot in Rome on the Pope.

--Mike Leavitt, Secretary of Health & Human Services on reforming Social Security.

--Julie Banderas in Florida on Schiavo.

--Schindler family press conference regarding Schiavo.

--Julie Banderas in Florida on Schiavo.

--Fox Legal Reporter Lis Wiehl on changing the laws regarding "disabled" people.

--Ralph Nader on changing the laws regarding "disabled" people and on his support for the Schindler family.

--Greg Palkot in Rome regarding the Pope.

--4:52 First ad break.

--Buttner on the Pope and Schiavo.

--Cliff Kincaid of Accuracy in the Media and Paul Levinson of the Fordham University Media Studies department on media coverage of Schiavo.

There wasn't one speck of business news. Literally. Nothing. The closing numbers on Wall Street weren't even mentioned.

Comment: If the shows on the new "business news" channel Rupert Murdoch envisions are anything like this "business news" show, we'll end up with two 24-hour cable networks spewing right wing propaganda instead of one.

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