MEDIA
08/03/2009 05:12 am ET Updated May 25, 2011

Rupert Murdoch: CNBC's On-Air Talent Not 'All That Good'

Rupert Murdoch spoke last week with TheStreet.com. In the interview the media tycoon denied interest in the New York Times, dissed Twitter, and dug into CNBC.

Question: Are you annoyed you don't own CNBC?

Murdoch: No

Question: Why not?

Murdoch: Because we're going to enjoy the competition. We have to get wider distribution and that takes time. We are further ahead with Fox Business than we were at this stage with Fox News, and Fox News today is one of our very greatest and largest assets.

Question: Why don't you hire away all the CNBC on-air people?

Murdoch: We don't think they're all that good. There are some good ones, but that'll be up to [FNC/FBN chairman] Roger Ailes. We create or we discover previously undiscovered talent and make them into stars.