After Harassment Scandals, Fox News Names First Female CEO
*By Alisha Haridasani*
Fox News named Suzanne Scott its new chief executive Thursday, making her the first woman to lead the top-rated cable news network, which has been mired in sexual harassment scandals for almost two years.
Scott, who had been promoted to director of programming last year, first joined Fox News when it was founded in 1996. As chief executive, she will oversee Fox News and Fox Business, reporting directly to Fox executive chairman Rupert Murdoch and his son, Lachlan. The younger Murdoch was recently appointed chairman and chief executive of the part of the Fox empire that remains after Disney takes its TV and film studios. The so-called New Fox will focus on the cable network’s news, sports, business, and local channels.
Scott’s appointment is a “refreshing change” for the network that has come under intense scrutiny for its culture, said Jeanine Poggi, media reporter at Ad Age. “It will essentially give some fresh voices to the network.”
Scott worked for 20 years under Roger Ailes, the former chairman and CEO of Fox news who was forced out in 2016 after mounting sexual harassment allegations against him and the network's biggest star, Bill O'Reilly.
After the scandals ー and the [millions of dollars in settlements](https://www.nytimes.com/2018/05/15/business/media/fox-news-discrimination-lawsuits.html) ー Fox had vowed to shake up its management and corporate culture.
But Scott was also reportedly named in lawsuits against Fox for enabling Ailes’s behavior, according to [The New York Times.](https://www.nytimes.com/2018/05/17/business/media/fox-news-suzanne-scott.html)
For the full interview, [click here](https://cheddar.com/videos/redstones-score-a-win-against-cbs).
Premio Lo Nuestro 2022 is kicking off awards season this month with its 34th show. The star-studded event will include performances from Pitbull, Luis Fonsi — and even Sting with his new Spanish-language single "Por Su Amor." Ignacio Meyer, the vice president of music and non-scripted entertainment, Univision, joined Cheddar News to talk about the music award show details. "We’ve actually still got plenty of surprises that were going to be announcing," Meyer said. "We're not done announcing the star power just yet." Singer Camilo leads with 10 nominations going into the event.
Black spending power reached a record $1.6 Trillion in a 2021 report from the University of Georgia Selig Center for Economic Growth. Ayesha Selden, certified financial planner, breaks down why real estate is the key to closing the racial wealth gap and how Black Americans are using social media to improve financial literacy. "If we look at home ownership as being a primary driver of wealth, when you look at the equity that Americans have in their homes, that equity can be used to buy additional assets like other rental properties. That equity can be used to educate our children," Selden said, noting that lower rates of home ownership meant Black Americans tend to incur more debt on average for their student loans.
On this episode of Cheddar Reveals, Dr. Kate Strasdin, fashion historian & senior lecturer in Cultural Studies at Falmouth University, discusses the lessons industry leaders draw from history to make fashion more sustainable today; Kendall Becker, fashion editor and trend forecaster, forecasts the hottest trends of 2022, and what will be left in 2021; Cheddar gets a look at Curiosity Stream's 'Going Circular.'
Dr. Kate Strasdin, fashion historian & senior lecturer in Cultural Studies at Falmouth University, joins Cheddar Reveals to discuss the lessons industry leaders draw from history to make fashion more sustainable today.
A new survey from Etoro suggests that talking crypto might actually help Americans on the dating scene find love...or at least land another date. The survey found that 74% of respondents would be more interested in going on a second date with a person that pays the bill in Bitcoin. Callie Cox, Etoro's U.S. investment analyst, joined Cheddar News to discuss.
Energy Vault, the company developing sustainable, grid-scale energy storage solutions, is now trading on the New York Stock Exchange following the completion of its business combination with Novus Capital Corporation II. Energy Vault develops sustainable, grid-scale energy storage solutions designed to advance the transition to a carbon free, resilient power grid. Robert Piconi, co-founder and CEO of Energy Vault, joins Cheddar News' Closing Bell to disucss.
A new mobile app has launched just in time for Valentine's Day. Our.Love bills itself as an A.I.-powered, gamified, relationship wellness app for couples. The app is set in what the company calls the Coupleverse, a virtual world where each couple can build a virtual relationship home as they also build their real-world relationship. Founder and CEO Tal Zlotnitsky joined Cheddar to discuss how the app works. "The concept behind Our.Love is to give people the opportunity to understand where they stand in their relationship through very simple metrics that we provide within the app that will help them in real-time, see where they stand, see where their partner is, and be able to get closer together," he said.
