Market Overview

FOX Business Network Delivers Its Highest-Rated Month Ever

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Lou Dobbs Tonight Continues As Number One in both Total Viewers
and A25-54 Demo

FBN Delivers Six of the Top Seven Rated Business Programs

FOX Business Network (FBN) delivered its highest-rated month ever in
Business Day viewers, according to Nielsen Media Research. As business
news dominated the headlines, from the historic market highs to the
government shutdown and President Trump's visit to the World Economic
Forum, FBN scored its eighth consecutive monthly win over CNBC.
Averaging 255,000 Business Day viewers, FBN outpaced CNBC (203,000) by
26 percent during the month of January. Additionally, the network scored
six of the top seven rated news programs on business television in total
viewers.

Recording 21 months as the number one news program in business
television, Lou Dobbs' eponymous show Lou Dobbs Tonight (7PM/ET)
was once again the number one rated program across both total viewers
(391,000) and the advertiser demo of 25-54 (51,000) in business
television. Additionally, Varney & Co. (9AM-12PMET), Countdown
to the Closing Bell with Liz Claman
(3PM/ET), CAVUTO Coast to
Coast
(12-2PM/ET), After the Bell (4PM/ET), and The
Intelligence Report with Trish Regan
(2PM/ET), Risk & Reward (5PM/ET)
all continued to place in the top 10 rated programs.

All of FBN's core Business Day programs also saw considerable growth
compared to last year, with CAVUTO Coast to Coast (12-2PM/ET),
The Intelligence Report with Trish Regan
(2PM/ET), Countdown to
the Closing Bell with Liz Claman
(3PM/ET) and After the Bell
(4PM/ET) all besting their CNBC competition in total viewers for the
eighth consecutive month. Stuart Varney's market-open program Varney
& Co
. (9AM-12PM/ET) dominated it's CNBC competition for the 18th
straight month, recording its highest-rated month ever in both total
viewers (310,000) and the 25-54 demo (39,000). Additionally, Risk
& Reward
(5PM/ET) averaged 203,000 viewers, winning its timeslot
for 16 consecutive months.

FBN's pre and post-market coverage also notched double-digit gains year
over year, with FBN:AM (5AM/ET) growing viewership by 29 percent.
Maria Bartiromo's Mornings with Maria (6-9AM/ET) posted a 35
percent increase over last year, and her coverage from the World
Economic Forum in Davos, Switzerland bested its CNBC competition in
total viewers the last week of the month during the crucial 7-9AM/ET
hours. Additionally, Making Money (6PM/ET) increased viewership
by 17 percent and Wall Street Week with Maria Bartiromo (Fridays,
8PM/ET) posted 47 percent gains.

***Below are the Nielsen Media Research numbers for January 2018:

Business Day:
FBN:
255,000 P2+ / 31,000 A25-54 
CNBC: 203,000 P2+ / 39,000
A25-54

Ratings for the top seven business programs:

Total Viewers: Lou Dobbs Tonight (391,000), Varney & Co (310,000),
Countdown to the Closing Bell with Liz Claman (247,000), CAVUTO
Coast to Coast
(244,000), After the Bell (231,000), Squawk
on the Street
(230,000), The Intelligence Report with Trish Regan (226,000)

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