A rush transcript of Rupert Murdoch‘s comments about the Fox Business Channel on FNC’s Your World with Neil Cavuto this afternoon:
|CAVUTO: I should disclose for viewers here that I’m helping get a business channel up and running for you. How will this deal affect or impact that?|
MURDOCH: I think it will help it. Of course, there is a deal already with CNBC. But we just want to have a business channel that lives up to the quality and traditions of the Wall Street Journal. We think that we can do that and we will do very well.
CAVUTO: As you know, they have personalities, reporters, and editors that appear on CNBC. Deals I think that continue through 2012. How would this impact that?
MURDOCH: Well there are a lot of other things in the Journal. Indeed, their editors appear on Fox, every Saturday I think or Sunday. We think there is plenty of room for us all to work together.
> Update: 5:11pm: It’s important to note that Murdoch meant “members of the WSJ editorial board” when he said “editors.” WSJ news editors don’t appear on FNC every weekend…