News Corp. chairman and CEO Rupert Murdoch wants you to know his Fox Business Network’s not losing money anymore. On an earnings call Wednesday, Murdoch described the four-year old business channel as reaching “cash break even” status–not losing money, but not making money either. At the time of FBN’s 2007 launch, the network projected breaking even within five years, so executives see the milestone as a victory even as CNBC continues to dominate the cable business news niche. “Fox Business has made great strides,” News Corp. president Chase Carey said on the earnings call.

News Corp. COO Chase Carey said Wednesday Fox News Channel deserves far higher subscription fees from distributors.

Carey suggested that just like ESPN, Fox News is a channel that viewers demand–and for which they’ll pay a premium.

Speaking at the UBS Global Media and Communications Conference, Carey said fees for Fox News, as the dominant cable news network, should be brought in line with fees paid to ESPN:

So you can’t live without your local news, right? Oh, you can? Okay, well what about sports? News Corp. president and COO Chase Carey will go to Capitol Hill tomorrow ready to make a not-so-subtle threat to lawmakers on the Senate Subcommittee on Communications: cable companies will simply have to pay more to broadcasters (like, for instance, Fox) or you can pretty much forget about catching your goofy weather guy before going to bed at night. And no more football, either.

Today is the last day of Movember. That’s right, Movember. Don’t look for it on your caledar, mofo, unless you belong to some weird pagan sect that can’t spell. No, Movember is so named because it’s a MOVEment, about MOustaches. If you’ve noticed your gentlemen friends sprouting wantonly on their upper lips, well, that may [...]

News Corp. COO and President Chase Carey was a guest this week on Fox Business Network, and host Neil Cavuto asked him about a wide range of issues.

Serving as Rupert Murdoch‘s #2 means there’s a lot to talk about – from White House vs. Fox News to Google.