The official word: FOX Business Network (FBN) has signed a multi-year deal with former CNN anchor Lou Dobbs, announced Kevin Magee, Executive Vice President for the network. Dobbs will develop and host a new daily program premiering in the first quarter of 2011. He will also make appearances across a variety of FBN programs to provide analysis and commentary on business news of the day.
In making the announcement Magee said, “FOX Business has always been about putting the smartest, most interesting people on television and the addition of Lou Dobbs will serve to strengthen the best lineup in business news. Teaming Lou with Managing Editor Neil Cavuto will make FBN a tough network to beat.”
Dobbs added, “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."
Prior to FBN, Dobbs served as an anchor, managing editor and executive vice president for CNN, hosting various programs including Moneyline, which premiered in 1980 and was later renamed Lou Dobbs Tonight. Dobbs is also a radio talk show host and will continue to host his nationally syndicated radio programs and financial reports.
Throughout his career, he has been recognized with multiple honors including an Emmy award for Lifetime Achievement, a George Foster Peabody Award for his coverage of the 1987 stock market crash, and the Luminary Award by the Business Journalism Review. In addition, Talkers magazine listed him as one of the top ten most important radio talk show hosts in America.
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York—the business capital of the world—FBN launched in October 2007 under the leadership of FOX News Chairman & CEO Roger Ailes and is now available in more than 50 million homes in major markets across the United States. Owned by News Corp, the network has bureaus in Chicago, Los Angeles, Washington, DC and London. On the web at www.foxbusiness.com