"During Interview With Saudi Crown Prince, Fox Fails To Disclose That He’s Second-Largest Shareholder"
Yesterday on Fox Business, host Neil Cavuto interviewed Saudi Prince Alwaleed bin Talal, the second-largest shareholder of Fox News-parent company News Corp, to discuss a wide variety of current events. Before the interview, Cavuto correctly issued a disclaimer, noting for his audience that Bin Talal “holds nearly seven percent equity stake in News Corp.” But today on his Fox News show (which commands a far larger audience than Fox Business), Cavuto re-aired parts of yesterday’s interview and offered no such disclaimer. Rather, Fox thought it was more important to air a segment of the interview where Cavuto coaxed Bin Talal into saying Fox Business is his favorite business news channel:
BIN TALAL: CNBC is my number two favorite, after you.
CAVUTO: Can you do an ad for us? So CNBC is my second place for business news, we’ll work that into our promos.
Right after bin Talal gave his endorsement, Fox ran a chyron that read: “Saudi Prince: CNBC my no. 2 favorite after Fox Business.” Watch it:
Doesn’t Fox News think it’s particularly relevant that the person who is vouching for network also happens to fund the network?