Fox Business’ Liz Claman Talks #BlackMonday, Cord-Cutting, Big Media ‘Swallowing’ Big Media

As the stock market roller coaster continued Monday, business journalists were on high alert as they reported on what really warrants panicking and what is just market jitters run amok. Fox Business’ Liz Claman was on-air throughout #BlackMonday, when the market opened down over 1,000 points before regaining 700 points in an ensuing rally hours later. Claman said the overall market swoon has a huge impact on media companies, who’ve been taking big losses in August. Also Read: #BlackMonday Stock Sell-Off Panics Wall Street, Media as Dow Drops 1,000 Points (Updated) “People have woken up and said, ‘I don’t need to pay cable,...
- 24/8/2015
- de Jordan Chariton
- The Wrap
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