Until now CNBC has largely avoided the machete. Last year, it was exempted from cuts,
thanks to the nascent competition from the new Fox Business Network.
Over the past year, CNBC has enjoyed steady ratings dominance over Fox Business. Ironically, the downside of that
success is that CNBC executives are no longer worried that cuts will give Fox an edge. "It's only logical that after cut after cut at NBC News and MSNBC, CNBC would eventually have to come to the
table," says one TV insider.
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