Coming soon - Fox business channel

This had been in the works for more than two years, but the holdup was getting a carriage agreement with Time Warner Cable - L.A.'s primary cable company, but even more important, one of NY's two primary cable companies. What's the point of having a business channel if you can't be seen on Wall Street and Madison Avenue? Well, it's looking like Fox parent News Corp. finally has its deal in which TW will pay News Corp 10-15 cents per subscriber, according to the Financial Times. That's chicken feed compared with other cable deals (Time Warner is shelling out 75 cents per subscriber for Fox News), but News Corp. wasn't in much of a bargaining position. Still unclear is whether Fox has worked something out with Cablevision, the other major cable operator. You might remember that Time Warner shut down CNNfn two years ago, leaving the TV biz field to CNBC and Bloomberg. By the way, if Fox Business News happens (there's still talk of a rollout this year), expect Fox's Neil Cavuto to play a big role. FT Ad Age