Sky News Business to launch in Australia…
The Herald Sun reports that Rupert Murdoch’s corporate entitities are looking to launch a Sky News Business channel in Australia. The channel will be using material from Fox Business Network and will be competing with CNBC’s expanded presence there.
ANC said the TV channel would deliver a minimum of 16 hours a day of Australian-made programming, covering local and international markets to consumer finance.
The plan comes as CNBC ramps up its operation in Australia, with more local business programming and a bigger broadcast footprint.
ANC chief executive Angelos Frangopoulos said Business Channel was a “major advance” for business journalism in Australia.
“It will be made in Australia, by Australians, for Australians, while maintaining a focus on our region and the world,” he said.
In addition to locally-made programming, the business channel will also use programming from the FOX Business Network in the US, the BSkyB Business News service in the UK, and Reuters Television.
Awesome, this is great news for Australian business consumers like me. CNBC in Oz has some great programming into the Australian market right now with locally produced programs plus all the add ons from CNBC worldwide, love squawk box late night time here. The competition is heating up, and that can only be good news for business news tragics down under.
As much as we dislike Murdoch, let the good times roll.
Comment by ryano — November 2, 2007 @ 1:13 pm
GO! Rupert GO!
Comment by SHANE — November 2, 2007 @ 9:55 pm