The Rich Get Richer … Maria Bartiromo Leaving CNBC For the FOX Business Network

The #1 Cable News Network just landed a huge get for their Business channel …

From TV Newser comes the following story, after 20 years at CNBC, Maria Bartiromo is leaving and headed to the the Fox Business Network. The “Money Honey”will re-join Fox News chairman Roger Ailes, who first put her on the air when he ran CNBC. Maria over the years has also been called the “Business Babe.”  But seriously, Maria Bartiromo is a ground-breaker in the industry, not just for woman, but for reporting on major business stories over the years and making it possible for business channels to succeed.  Maria Bartiromo was the first correspondent to report live every day from the floor of the New York Stock Exchange. It is hard to believe that I have been watching CNBC that long. Bartiromo will also be joining Lou Dobbs at FBC, who she also worked previously with at CNBC.

Breaking: Maria Bartiromo is leaving CNBC to join Fox Business.

“After 20 years of groundbreaking work at CNBC, Maria Bartiromo will be leaving the company as her contract expires on November 24,” a CNBC spokesperson tells TVNewser. “Her contributions to CNBC are too numerous to list but we thank her for all of her hard work over the years and wish her the best.”

Drudge Report, which was first to report the news, says Bartiromo will anchor a daily FBN program during the market hours and also have a role on Fox News.

Why I love Maria Bartiromo and have watched her for years on CNBC. Watch the video below and her rip Democrat Senator Ben Cardin a new one for being disingenuous on tax reform and only wanting to tax the rich as an answer. As she says, “its your way or the highway”. And when the senator made the comment, next time let me answer the question, Maria responded and hit him over the head again by saying, “Oh you’ve answered. You have answered quite clearly”.

Maria Bartiromo’s statement on her leaving CNBC:

“After twenty great years of having a front row seat to some of the most important economic stories in the world, it’s hard to sum up the gratitude and appreciation I have for the team that helped make it happen. I am incredibly proud of what we have been able to accomplish. I want to thank all the people at CNBC who have been with me on this journey, and of course the viewers and investors everywhere for making me love every minute of it.”

From The New York Times:

Ms. Bartiromo is expected to work on a program about the day’s developments on Wall Street. Her new deal is also expected to include exposure on the far-more-watched Fox News. (Neither Fox outlet commented publicly on Monday about the hiring.)

The signing is a coup of sorts for Fox Business, which has struggled to establish a profile. Last week, Fox Business averaged fewer than 10,000 viewers in the group that attracts advertisers, those between the ages of 25 and 54. CNBC had more than three times as many with 31,000.

Twitter: @MariaBartiromo