Fox Business Network hired Lou Dobbs

By RODNEY HO/, filed Nov. 10, 2010

Lou Dobbs, ousted last year partly for being too opinionated as a CNN anchor, has found a new home: Fox Business Network.

The network, in a press release, said he signed a multi-year deal and will start a new daily program in the first quarter of 2011. He will also make appearances on other FBN programs. Given Dobbs' long-time interest in economic issues, this sounds like a good fit.

"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," said Kevin Magee, Executive Vice President for the network on the press release.

Dobbs noted in the same press release: "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." (Dobbs wasn't available for further comment.)

FBN has been around for three years and is working to build itself into a viable rival to CNBC.

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