Reed Business CEO Gerard van de Aast said the move was made “to move away from advertising-driven revenue models and focus on subscription-based models.”
No talks have been scheduled with potential buyers, nor has a timetable been set.
Fox Business Network begins broadcasting from its new high-tech Studio G, overlooking Manhattan from the 3rd floor of News Corp. headquarters, on April 20. B&C got an early peek at the new space.
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