There’s nothing new to report on the Fox Business Channel front, Roger Ailes said at the TCA press tour today. Broadcasting & Cable reports:

“‘It probably wont happen this year,’ he says. ‘After that it could happen, and we are in active negotiations.’

Ailes says that gaining enough carriage for the network to make financial sense continues to be the obstacle to a launch.

‘When we have the distribution in place, we will go ahead,’ he says. ‘We are still looking at it. I have developed a business plan; we haven’t pushed it any further than that.‘”