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Posts Tagged ‘Kevin Magee’

FBN’s Kevin Magee Shoots Down Imus Rumors

Fox Business Network executive VP Kevin Magee was a guest on Don Imus‘ program Friday morning, where they talked about the press coverage related to Imus’ ratings, and standing at the network.

“This is not the first time even this week that those who have wanted the overthrow of a despot have been disappointed,” Magee quipped. “But they are being disappointed, because you are here forever. I have looked at your contract, it seems like it goes on for 1,000 years.”

(h/t J$P)

Don Imus Leaving FBN?

In today’s U.S. News & World Report‘s Washington Wispers, there are rumors that Don Imus is leaving Fox Business Network: “Whispers hears that the network considers his mission accomplished and is considering putting a business show into his early morning time slot.”

Kevin Magee, executive vice president for Fox Business, told U.S. News & World Report, “Imus has helped us enormously and he has awhile to go on his contract.”

Moreover, senior VP and managing editor of business news at FBN Neil Cavuto has always been a big fan: “He really does conduct some remarkable interviews, and he gets a lot out of people in an off-guard moment,” Cavuto said when Imus joined FBN in 2009.

Lou Dobbs Joins FBN. ‘I can’t wait to make whatever contribution I can to Fox Business’

A year after a surprising, mid-week departure from CNN, Lou Dobbs has landed a new on-air role, at Fox Business Network.

Beginning early next year Dobbs will host his own daily program at time that has not yet been determined. Says Dobbs in a statement, “I’m excited and feel privileged to join the great team that Rupert Murdoch, Roger Ailes and Neil Cavuto have created, and I can’t wait to make whatever contribution I can to Fox Business.”

A few days after his CNN leave, Fox News host Bill O’Reilly offered Dobbs a “semi-regular” contributor role on “The O’Reilly Factor.” There was also speculation that he would run for office.

The LA Times reports Dobbs will continue to host his daily radio show in addition to his FBN program.

Dobbs, who has a business news background, was one of CNN’s first anchors, hosting the

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FBN Covers California Ballot Initiative News Corp. Lobbying to Defeat

At news organizations, the “boots on the ground” reporters and producers are often not up to speed on what is happening in their parent company’s boardrooms. While that is not unusual for employees in America, it can get awkward when you are supposed to be an objective voice, covering the news.

That is the situation some at Fox Business Network find themselves, covering California ballot initiative 24, which would repeal corporate tax breaks to try and balance the state’s massive budget deficit.

FBN is covering the ballot initiative as part of what it calls its “War on Business,” meanwhile, executives at parent company News Corp. are donating funds in an attempt to defeat the measure, as the New York Times reports.

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FBN’s Kevin Magee: ‘We’re Doing Great’

FBN_Logo090110.jpgTalking Biz News has an interesting interview with Fox Business Network executive VP Kevin Magee.

The interview is pretty wide-ranging, and has a number of interesting anecdotes about his time at CNBC and ABC News, as well as what he is happy with… and not so happy with, at FBN.

We always tweak; that’s what programmers do. I sit in my office with 42-inch monitors all of the time, with the three business networks and Fox News. And most of the time, I’m happiest with what’s on my screen versus CNBC or Bloomberg. It’s a constant operation to put on the best shows that we can.

Inside Cable News also noted that Magee addressed (or rather dodged) the issue of why FBN is not yet rated by Nielsen:

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Liza McGuirk Named EP of Upcoming Eliot Spitzer – Kathleen Parker Show

McGuirk_7.30.jpgOne of the CNN originals, Liza McGuirk has been named executive producer of CNN’s still-unnamed 8pmET debate show with Eliot Spitzer and Kathleen Parker. McGuirk has been EP of “Fareed Zakaria: GPS” since its launch in May 2008.

McGuirk joined CNN as one of the original staffers in 1980. She stayed until 1989 before moving on to CBS News where she worked on “60 Minutes” for four years. McGuirk is married to Kevin Magee who is the EVP of Fox Business Network.

The news was first reported last night by New York Magazine.

> Related: In a recent story on CNN’s ratings, former CNN executive Reese Schonfeld called Zakaria’s show, “by far the most intelligent news talk show on television.”

> Update: Press release after the jump. McGuirk, “After working with Fareed Zakaria, I’m delighted to be working with two people, Eliot and Kathleen, who are truly his equals at exploring the world of intelligent ideas. Most of all, I look forward to bringing that kind of elevated discussion to primetime.”

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FBN Wins FOIA Suit Against the Fed

fbnlogo_3_19.jpgFox Business Network has won a freedom of information act case against the Federal Reserve.

The decision was handed up earlier today by the New York Second Circuit Court of Appeals. FBN filed suit in January, 2009 seeking the identification of the financial institutions receiving funds from Fed programs. Today’s decision orders the Fed to disclose documents identifying which institutions borrowed money and the details surrounding each loan.

Says FBN EVP Kevin Magee, “We are pleased that this information is finally, and rightfully, going to be made available to the American public.”

CNN’s Gerri Willis Signs with Fox Business

gerri_willis_3-15.jpgCNN’s Gerri Willis has signed a multi-year deal with Fox Business Network, EVP of FBN Kevin Magee announced. As we reported, Willis, who was personal finance editor for CNN Business News, left CNN last month after seven years with the network.

Willis will be hosting a primetime weekend program called “Willis Report” and will appear across all programming. She starts today.

“Most of the CNN talent have been restrained from showing what they can do,” said FNC and FBN chairman and CEO Roger Ailes in the release. “We’re looking forward to providing Gerri with a platform at Fox Business to showcase her financial acumen and television expertise.”

Press release after the jump.

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Charlie Gasparino: ‘My Job is to Rip the Lungs out of the Competition for Fox Business Network’

CGaspar_2.16.jpgWow. Charlie Gasparino is not looking in the rear-view mirror. The newest member of the Fox Business team talked with WaPo‘s Howard Kurtz today about his jump from CNBC to FBN.

Gasparino denies that tensions at CNBC were a factor in his decision, saying “newsrooms are generally seething places” and he tends to “wear my heart on my sleeve.” But he did issue a warning to his former employer: “My job is to rip the lungs out of the competition for Fox Business Network.”

The LAT‘s Joe Flint talked with FBN EVP Kevin Magee about the hire, which FOX was able to accomplish when Gasparino exercised a window in his CNBC contract.

Gasparino will make his debut on Fox Business next week and will also pop up on the Fox News Channel as well. Terms of Gasparino’s deal were not disclosed, but it is a wee bit north of $1 million a year, people familiar with the contract said.
“I think this is a better platform for him,” said Kevin Magee, executive vice president of Fox Business Network. Asked if Gasparino’s role on Fox Business would be similar to that of CNBC’s hot-shot reporter David Faber, Magee said, “I’m sorry, who’s that?”

Imus at FBN: ‘I’m More Likely to Believe Shep Smith than Katie Couric or Brian Williams’

Don Imus is back on TV. (Yes, he was on RFD-TV, but even he says his move to Fox Business Network is, “the difference between being on television and being on an Etch A Sketch.”)

Imus talked with WaPo’s Howard Kurtz about joining a team that includes Bill O’Reilly, Glenn Beck and Sean Hannity, even though his politics aren’t necessarily theirs. “People think I’m more liberal than I am conservative, which I probably am,” says Imus. And about Fox:

“The perception is that even their news is skewed toward opinion — not when I watch it. It’s a fair news organization. It’s not my job to defend them. But I’m more likely to believe Shep Smith than Katie Couric or Brian Williams. Their news is advertiser-driven.”

And Fox’s isn’t? “We’re better people and have a much closer relationship with our Lord,” Imus deadpans.

His 11-year run on MSNBC came to an end in the spring of 2007 after a racial remark he made about the Rutger’s women’s basketball team. FBN EVP Kevin Magee tells Kurtz, “Don has more than paid his price for that. He was censured by the marketplace.”

One of the NBC anchors who replaced Imus on MSNBC before the slot was given to “Morning Joe,” was David Gregory who Kurtz reminds us asked then-Sen. Barack Obama if Imus should be fired. “I’ve got two daughters who are African American, gorgeous, tall, and I hope at some point are interested enough in sports that they get athletic scholarships,” said Obama. “He would not be working for me.”

Imus says that Obama “was kind of duped into that… He was being interviewed by that backstabbing, pigeon-looking, gut-sucking weasel David Gregory.”

Says Gregory: “Imus used to say those things about me even when he was being affectionate. I always tried to be fair to Don.”

Don’t expect Gregory or any other NBC Newsers on Imus anytime soon. But Imus has kept up with some of his other TV regulars, including ABC’s George Stephanopoulos and CBS’ Bob Schieffer.

“I think it’s an older and wiser Don Imus,” says Schieffer. “Don learned something from that experience, and at heart Don is a fine person. We all make mistakes, and he made a beaut.”

“I had a fairly decent career up to that point,” Imus says. “I didn’t want to end on that note. I’m a great believer in karma and naively think things will work out for the best.”

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