Fox News - Redesign

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We can't do much about their journalism but we can do something about their logo.
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Here's a quick re-design as part of a few other reimaginings I'm doing of certain brands. I removed the spotlight and added a shadow in its stead, reflecting where the spotlight would be. The typography is also a bit less clunky. The 'O' meshes well with the other characters. The colors are richer as well, deeper blues and blood red.

Here's the original Fox News logo ICYMI along with a second version:
http://cl.ly/image/423x2x183J0d