Difference Between CNBC and Fox Business

Information is the most powerful weapon in today’s business world. Reliable and fast-paced information is of paramount importance for the growth and survival of a business.

/10

Entertainment Quiz

Test your knowledge about topics related to entertainment

1 / 10

Who is the creator of the popular TV show Breaking Bad?

2 / 10

Which movie won the Best Picture Oscar in 2020?

3 / 10

What movie does NOT have Brad Pitt in it?

4 / 10

Who wrote the famous novel "The Great Gatsby"?

5 / 10

Who is known as the "King of Rock and Roll"?

6 / 10

Which of the following is a dance style originating from India?

7 / 10

Who wrote the famous play "Romeo and Juliet"?

8 / 10

Who is the lead singer of the famous rock band "The Rolling Stones"?

9 / 10

What type of music is characterized by the use of guitar, bass, and drums?

10 / 10

Who is known as the "Queen of Pop"?

Your score is

0%

With the growth of the international business, global news corporations have become the key source for easily accessing business information that is both accurate and reliable.

Key Takeaways

  1. CNBC is a financial news channel focused on business and the stock market, while Fox Business is a financial news channel with a conservative political leaning.
  2. CNBC offers in-depth financial news coverage and analysis, while Fox Business emphasizes opinion and commentary.
  3. CNBC is more popular and widely recognized than Fox Business.

CNBC vs FOX Business

The difference between CNBC and Fox Business is the focus area of both companies. CNBC is an older news corporation than Fox Business. CNBC mainly focuses on Wall Street and covers all the news related to the trading sector. Fox Business, on the other hand, focuses on the news related to Main Street.

Quiche vs Souffle 2023 05 29T175139.812

Want to save this article for later? Click the heart in the bottom right corner to save to your own articles box!

CNBC is one of the most recognizable news corporations in the world. It is owned by the American broadcasting company NBC Universal. It is a business news broadcaster, and it covers news stories related to the financial and business sectors.

The particular focus area of CNBC is Wall Street.

Fox Business is also a business news corporation. It provides information on business and trading and also covers important events in international business as well. The company is owned by Fox Entertainment.

The main area of focus of Fox Business is Main Street, which is the private investment sector of the American stock market.

Comparison Table

Parameters of ComparisonCNBCFox Business
DefinitionIt is one of the biggest and most recognizable news corporations of America, working in the satellite TV, internet TV, and radio modes of entertainment.It is a relatively newer and smaller news company, primarily working in the satellite TV mode of entertainment.
Parent CompanyCNBC is owned by NBC UniversalFox Business is owned by Fox Entertainment
EstablishmentCNBC is older than Fox Business, and it was established on 17th April 1989Fox Business is relatively newer, and it was established on 15th October 2007
Focus areaCNBC focuses on the Wall Street news and mainly covers the professional investment sectorFox Business focuses on Main Street news and covers the private investment sector.
Broadcasting and viewershipCNBC is broadcasted globally, and most viewership is from the United States and CanadaIn recent years Fox News has garnered good viewership and is highly viewed in countries like  Australia along with the USA. 

What is CNBC?

CNBC is an American business news corporation. It is one of the most recognizable news broadcasting companies in the world. It broadcasts financial and business-related news to different countries around the world.

CNBC was established on 17th April 1989. It is one of the most successful news broadcasting companies and has amassed a huge viewership over the years.

It is a part of the NBC Universal Group, along with other news corporations such as CNBC World, MSNBC, NBC, and The Weather Channel.

CNBC mainly focuses on business stories and events related to Wall Street. Wall Street is the professional investment sector of the American Stock Market. Thus the main point of view of CNBC is the institutional stock trading sector of the stock market.

The demographic of CNBC also majorly consists of professional brokers, managers, bankers, and people largely invested in the share market.

As it is a legacy news corporation, CNBC has a strong position in the American business world, and much of the business sector of America depends on CNBC for accurate and quick news delivery.

Along with the United States, CNBC is also very popular in Canada, and it is estimated that CNBC receives around 85 million average monthly views.

cnbc news

What is Fox Business?

Fox Business is a business news broadcasting company that mainly focuses on financial and business-related news and events in America. It is a part of the Fox Entertainment Group.

The corporation was established on 15th October 2007 and is headquartered in New York along with another company of the Fox Entertainment Group, Fox News.

The company is relatively newer as compared to other corporations such as CNBC, NBC, and so on. Yet over the last few years, with the business growth, the company has also enjoyed steady and strong growth.

Because of a strong increase in international trade and global business, news delivery and viewership of Fox Business have also enjoyed a steady increase. Fox Business generated around 164 million views in the first quarter of 2021 alone.

The main focus of Fox Business is on the news and stories related to Main Street. As Main Street is the private investor sector of the American stock market, the news delivered by the company is tailored toward the private investor sector.

Thus Fox Business caters to a specific niche in the American stock market, and because of a lack of competition in the niche, the steady incline is natural. 

fox business news

Main Differences Between CNBC and Fox Business

  1. CNBC is one of the biggest and most recognizable news corporations in America. Fox Business is a relatively newer and smaller news company.
  2. CNBC is owned by NBC Universal. Fox Business is owned by Fox Entertainment Group.
  3. CNBC was established on 17th April 1989. Fox Business was established on 15th October 2007.
  4. CNBC focuses on the American stock market’s Wall Street and professional investment sector. Fox Business caters to Main Street and the private investment sector.
  5. CNBC is broadcasted globally, and the maximum viewership is from the United States and Canada. Fox Business is majorly broadcasted in America, along with Australia.
References
  1. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=278543
  2. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1745085
  3. https://www.dukascopy.com/video/pdf/2014/08/11/PR.pdf
  4. https://go.gale.com/ps/i.do?id=GALE%7CA177552235&sid=googleScholar&v=2.1&it=r&linkaccess=abs&issn=0010194X&p=AONE&sw=w
One request?

I’ve put so much effort writing this blog post to provide value to you. It’ll be very helpful for me, if you consider sharing it on social media or with your friends/family. SHARING IS ♥️

Leave a Comment

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