Fox Business Network Celebrates 15th Anniversary: ​​Liz Claman Says “A Lot of Fight” Helped the Network Thrive

Fox Business Network launched on October 15, 2007 when America was on the verge of a financial crisis and a unique approach to business news coverage that prioritizes Main Street as much as Wall Street has helped the network thrive as it celebrates its 15th anniversary on Saturday.

“Fox Business is, in my opinion, a living television miracle, and I’m not overly dramatic here. I really mean that because we have so many moments that we can remember, especially all the originals, where we were just flying from the bottom of our pants,” he said. Longtime host Liz Claman told Fox News Digital

He explained that FBN “went through the air like an airplane, but we were still staring at the wings,” so Claman and other original hosts weren’t exactly ready.

“But we just went there. And 15 years later, it’s such an honor to even think back to some of these hilarious memories. I mean, really, at certain points we couldn’t get a single stock chart up and we would. Sit down. there David Asman, me and Charles [Payne] and Neil Cavuto, we would just like to talk and talk and talk and do our best, “Claman said.

Fox Business Network President Lauren Petterson and network stars celebrated FBN’s 15th anniversary by ringing the Nasdaq opening bell.
(FOX)

NEIL CAVUTO WATCHES 15 YEARS OF FOX BUSINESS NETWORK: ‘WE TAKE STOCK OF THE COUNTRY’

But Claman and other FBN hosts weren’t just talking to each other, and she was able to land billionaire investor Warren Buffett on her first day on the air.

“We were able to convince him, and it didn’t even take that much effort to convince him, that Fox Business, a Fox network that would focus on business, would – maybe not immediately, but it would be worth it someday … and he was smart enough to know to do it, “Claman said.

Claman believes much of the success comes from the network’s ability to win Fortune 500 CEOs, Treasury secretaries, and nearly every major financial sector journalist, despite attempts by other business networks to keep influential guests away.

“There was a line that said, ‘There are more people in your building lobby than Fox Business are watching,’ but guess what? What our competitors haven’t taken into consideration is that, No.” Don’t tell the winners, the people who got to the top of their industries or the top of the government, how and where to get their message out, “Claman said.” N. 2, did not take into account that it is not the size of the dog in the fight, it is the size of the fight in the dog. We may have been the Chihuahuas in the beginning, and they were the Great Danes, but we fought so much. “

FOX BUSINESS NETWORK CELEBRATES 15th ANNIVERSARY BY PLAYING THE ICONIC NASDAQ OPENING BELL

Liz Claman has collaborated with Fox Business Network since its launch in 2007.

Liz Claman has collaborated with Fox Business Network since its launch in 2007.

Fox Business Network has come a long way since then and recently ended the third quarter of 2022 with a wider Business Day audience than CNBC for the second consecutive quarter. Claman said she is proud of everything the network has done over the past 15 years, but one result really stands out.

“That was when we finally started winning. It was when we finally started beating CNBC,” he said.

“I mean, they were the Goliath and we were the David. And in 2018, we just covered the presidential election better and better commercially than anyone else,” he continued. “And we were rewarded for that by viewers who wanted exactly that, and for starting in 2007 and taking all those years to finally get that recognition, I was levitating … still am.”

Neil Cavuto believes in Fox Business Network

Neil Cavuto believes Fox Business Network’s “no frills, no jargon” approach to coverage of business news has helped democratize an entire industry.
(FOX)

While Claman pointed to the success of the ratings, Charles Payne, another original Fox Business Network host, struggled to think about a specific moment he considers the most memorable.

“It’s hard for me to choose, there have been so many that have stood out, particularly in the time frame we’ve been in because we walked into the scene during a crisis, and you know, we had a crisis and then we had a another crisis … and now we are in another crisis, “Payne said. “It’s not a joke, it seems like every day stands out in his own way.”

FOX NEWS crushes MSNBC, CNN TO END WITH CABLE’S BIGGEST AUDIENCE FOR THE 40TH WEEK LIVE

Payne believes the Fox Business Network has thrived because it acts like a news network and “puts the viewer first” and affects all Americans instead of exclusively targeting Wall Street investors.

“We’re not just there talking to each other in jargon, trying to impress each other. And I think that’s really one of the things that separates it from what’s out there,” Payne said.

Claman said he always knew that FBN would ultimately prevail because it was a superior product, but the support of FOX Corporation President Rupert Murdoch is what really put the network on the map.

“Never once in the years when we weren’t winning, were we floundering … never once did he say, ‘Man, if you don’t make this happen, I’m pulling the plug,'” Claman said. “We’ve seen other networks go dark … they don’t have the vision that Rupert Murdoch has. And never once did he say, ‘I’m done. This isn’t working.’ He knew it takes time and perseverance, and as long as we all threw in everything we had, he would stick with it. And I’m so thankful he did. ”

FOX BUSINESS NETWORK ANNOUNCES THE NEW SEASON OF FBN PRIME FOR THE 15th ANNIVERSARY

As Fox Business celebrates 15 years on the air, Payne is already looking forward to the next decade and a half.

“For investors who watch the financial media, they will want to see some of the promises being fulfilled over the next 15 years, because we only had individual investors enlisted in the market en masse in the 1970s, thanks to Charles Schwab and some of the things he did. which initially were lower commissions and then now you have commissions that are also much lower than that. But then you have had all these great products that have been put out there, mutual funds, stock exchange funds, packaged products and all they came with promises, “Payne said.

“And they’re about 20 years old right now. I don’t know most of them live up to the initial hype, but Americans bought it for trillions of dollars. And so I think between 10 and 15 years old, Americans will be inclined to invest more. To buy more in history. They want a piece of the action, and they should. They will also be looking for a profit. ” Payne continued, envisioning new ways people can make their fortunes. “I think it will be an exciting time. We are in the fourth industrial revolution.”

Charles Payne of FBN has been with the network since it launched on October 15, 2007.

Charles Payne of FBN has been with the network since it launched on October 15, 2007.
(Fox News)

Fox Business Network President Lauren Petterson and many of the network’s stars, including Claman and Payne, celebrated FBN’s 15th anniversary by ringing the NASDAQ opening bell on Friday morning.

Earlier this month, Fox Business announced the return of its popular programming programFBN Prime, which will continue to celebrate success stories in major American industries.

CLICK TO GET THE FOX NEWS APP

Leave a Reply

Your email address will not be published. Required fields are marked *