Changes

On November 20, 2008, [[Roger Ailes]], who held the titles of Chairman and Chief Executive Officer, FOX News and Chairman of FOX Television Stations, signed a new five-year contract with News Corporation, it was announced by Rupert Murdoch, Chairman and Chief Executive Officer. The contract will pay him over 23 million dollars in 2009.<ref>[http://www.mediabistro.com/tvnewser/fnc/roger_ailes_signs_new_5year_deal_with_news_corp_101312.asp Ailes Inks 5 Year Deal With NewsCorp]</ref>

On November 20, 2008, [[Roger Ailes]], who held the titles of Chairman and Chief Executive Officer, FOX News and Chairman of FOX Television Stations, signed a new five-year contract with News Corporation, it was announced by Rupert Murdoch, Chairman and Chief Executive Officer. The contract will pay him over 23 million dollars in 2009.<ref>[http://www.mediabistro.com/tvnewser/fnc/roger_ailes_signs_new_5year_deal_with_news_corp_101312.asp Ailes Inks 5 Year Deal With NewsCorp]</ref>

During Ailes' time with [[News Corporation|News Corp]], [[FNC]] passed [[CNN]] in ratings in all day parts in 2002 to become the number one news network in the country, nearing full distribution with more than 90 million subscribers. In 2007, he launched the [[Fox Business Channel]] which currently reaches more than 40 million homes and served as the biggest launch in cable television history. Throughout Mr. Ailes' tenure, FOX Television Stations has increased its market share each of the last three years with all-time record shares in the last two years. In addition, Fox Television Stations has expanded its local news presence by nearly 100 hours a week in a challenging economic climate.

During Ailes' time with [[News Corporation|News Corp]], [[FNC]] passed [[CNN]] in ratings in all day parts in 2002 to become the number one news network in the country, nearing full distribution with more than 90 million subscribers. In 2007, he launched the Fox Business Channel which currently reaches more than 40 million homes and served as the biggest launch in cable television history. Throughout Mr. Ailes' tenure, FOX Television Stations has increased its market share each of the last three years with all-time record shares in the last two years. In addition, Fox Television Stations has expanded its local news presence by nearly 100 hours a week in a challenging economic climate.

{{cquote|At a time when the broadcast networks are struggling with diminishing audiences and profits in news, he has built Fox News into the profit engine of the News Corporation. ''Fox News is believed to make more money than CNN, MSNBC and the evening newscasts of NBC, ABC and CBS combined.'' The division is on track to achieve $700 million in operating profit this year, according to analyst estimates<ref name=10ailes />}}

{{cquote|At a time when the broadcast networks are struggling with diminishing audiences and profits in news, he has built Fox News into the profit engine of the News Corporation. ''Fox News is believed to make more money than CNN, MSNBC and the evening newscasts of NBC, ABC and CBS combined.'' The division is on track to achieve $700 million in operating profit this year, according to analyst estimates<ref name=10ailes />}}