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December 21, 2007
CNBC Threatens Fox Guests
From Douglas A. McIntyre at Wall Street 24/7:
Perhaps GE (GE) unit CNBC should let Fox Business succeed or fail on its own merits. Threatening guests who appear on Fox with banning them from CNBC seems a bit thuggish.
In a note to Fox producers an executive at Jefferies & Co. said he could not appear on the new network without losing his place on CNBC. Arthur R. Hogan, the Director, Global Equity Product at the investment bank wrote Fox "CNBC has put pressure on me not to do spots for any other business news stations."
CNBC executive editor Nick Dunn must not think he can compete with Fox head-to-head. In another e-mail quoted by "Inside Cable News" he wrote a guest “Saw you on the new network. Please don’t make that a regular thing."
Posted by edelfenbein at December 21, 2007 9:53 AM
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