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Reading the FNC Tea Leaves

Written By mista sense on Monday, December 11, 2006 | 9:21 AM



TCG doesn't know for sure whether Fox News Channel is moving ahead with the long-rumored business channel or not. But clearly, FNC is moving closer to such a rendezvous with TV-destiny.

As Mike Reynolds of Multichannel News details in this useful update, published this morning, Fox's Neal Cavuto is going to start offering one-minute snippets on the stock market and other financial news, both to Yahoo's upgraded finance portal and also to radio stations.

All these movements are all fun to think about, as one examines tea leaves and coffee grounds, looking for omens. But of course, the larger reality is that in the not-so-distant future, TV, the Net, and radio (streamed as it often is on the Net), will be the same basic product.

So maybe FNC will offer up a "soft launch" on a Fox Biz Channel, as bits and pieces of Fox business coverage come into existence. Indeed, maybe the "FBC" has already launched, so softly that we are barely noticing it.

Or, finally, perhaps Rupert Murdoch and Roger Ailes are just playing mind-games with CNBC. But is it possible to imagine Jim Cramer being any crazier and demented than he is now?

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