Type of site | Financial news |
---|---|
Available in | English |
Owner | CNN |
URL | cnn |
Launched | 2001 |
CNN Business (formerly CNN Money) is a financial news and information website, operated by CNN. The website was originally formed as a joint venture between CNN.com and Time Warner's Fortune and Money magazines. Since the spin-off of Time Warner's publishing assets as Time Inc. (and their subsequent sale to Meredith Corporation and later, to IAC's Dotdash), the site has since operated as an affiliate of CNN.
CNN Money launched in 2001, replacing CNNfn's website. Time Warner had also announced an intention to relaunch the CNNfn television network under the CNN Money moniker, but those plans were apparently scrapped. [1]
Prior to June 2014, the website was operated as a joint venture between CNN and two Time Warner-published business magazines; Fortune and Money . In June 2014, Time Warner's publishing assets were spun-out as Time Inc.; as a result, all three properties launched separate web presences, and CNN Money introduced a new logo that removed the wordmark of Money magazine from its branding. With the re-launch, CNN head Jeff Zucker also promised increased synergies between the website and the CNN channel, such as branded segments and the re-branding of CNN's weekly financial show Your Money as CNNMoney. [2] [3]
In October 2018, CNN re-launched the vertical as CNN Business; the new brand is focused on "digital transformation of business, and how it is disrupting every corner of the global economy". The relaunch came alongside the opening of a new San Francisco bureau. As with CNNMoney, it will be supported by branded segments on CNN television, as well as streaming content. [4]
Turner Broadcasting System, Inc. was an American television and media conglomerate founded by Ted Turner in 1965. Based in Atlanta, Georgia, it merged with Time Warner on October 10, 1996. As of April 2022, all of its assets are now owned by Warner Bros. Discovery (WBD). The headquarters of Turner's properties are largely located at the CNN Center in Downtown Atlanta, and the Turner Broadcasting campus off Techwood Drive in Midtown Atlanta, which also houses Techwood Studios. Some of their operations are housed within WBD's corporate and global headquarters inside 30 Hudson Yards in Manhattan's West Side district, and at 230 Park Avenue South in Midtown Manhattan, both in New York City, respectively.
Discovery, Inc. was an American multinational mass media factual television conglomerate based in New York City. Established in 1982, the company operated a group of factual and lifestyle television brands, such as the namesake Discovery Channel, Animal Planet, Science Channel, and TLC. In 2018, the company acquired Scripps Networks Interactive, adding networks such as Food Network, HGTV, and Travel Channel to its portfolio. Since the purchase, Discovery described itself as serving members of "passionate" audiences, and also placed a focus on streaming services built around its properties.
Money is an American brand and a personal finance website owned by Money Group. From its 1972 founding until 2018, it was a monthly magazine published by Time Inc. and subsequently by Meredith Corporation from 2018 to 2019. Its articles cover the gamut of personal finance topics ranging from credit cards, mortgages, insurance, banking, and investing to family finance issues, including paying for college, credit, career, and home improvement. It also publishes an annual list of "America's Best Places to Live".
CNN/Sports Illustrated (CNN/SI) was a 24-hour sports news network. Created when Time Warner merged its CNN and Sports Illustrated brands, it launched on December 12, 1996.
CNNfn was an American cable television news network operated by the CNN subsidiary of the media conglomerate Time Warner from December 29, 1995, and of AOL Time Warner until December 15, 2004. The network was dedicated to covering financial information and business news, similar to CNBC, TechTV and Bloomberg Television.
Meredith Corporation was an American media conglomerate based in Des Moines, Iowa, that owned newspapers, magazines, television stations, and websites. Its publications had a readership of more than 120 million and paid circulation of more than 40 million, and its websites had nearly 135 million monthly unique visitors. Its broadcast television stations reached 11% of U.S. households.
Ditech Financial LLC was a provider of home loan, loan servicing and refinance products to consumers and institutional partners in the U.S.
HGTV is a Canadian English-language discretionary cable and satellite specialty channel owned as a joint venture between Corus Entertainment and Warner Bros. Discovery. HGTV broadcasts programs relating to real estate, home and garden design, and renovations.
Time, Inc. was an American worldwide mass media corporation founded on November 28, 1922, by Henry Luce and Briton Hadden and based in New York City. It owned and published over 100 magazine brands, including its namesake Time, Sports Illustrated, Travel + Leisure, Food & Wine, Fortune, People, InStyle, Life, Golf Magazine, Southern Living, Essence, Real Simple, and Entertainment Weekly. It also had subsidiaries which it co-operated with the UK magazine house Time Inc. UK, whose major titles include What's on TV, NME, Country Life, and Wallpaper. Time Inc. also co-operated over 60 websites and digital-only titles including MyRecipes, Extra Crispy, TheSnug, HelloGiggles, and MIMI.
MRC II Distribution Company, L.P., doing business as MRC, is an American film and television studio. Founded by Mordecai (Modi) Wiczyk and Asif Satchu, the company funds and produces film and television programming.
Robert Warren Pittman is an American businessman. Pittman was the CEO of MTV Networks and the cofounder and programmer who led the team that created MTV, and is the cofounder of iHeartMedia and Casa Dragones Tequila. Pittman joined iHeartMedia's predecessor company Clear Channel in November 2010 as an investor and the company's Chairman of Media and Entertainment Platforms, was named CEO in 2011 and chairman in 2013. Pittman led Clear Channel's transformation into iHeartMedia, Inc. in September 2014 to reflect its new multiplatform business and expanded mission. Pittman has also been the former chairman and CEO of Clear Channel Outdoor, CEO of AOL Networks, Six Flags Theme Parks, Quantum Media, Century 21 Real Estate and Time Warner Enterprises, and COO of America Online, Inc. and AOL Time Warner.
CNN Money, formerly known as In the Money, Your $$$$$, and Your Money is a thirty-minute news show last hosted by Christine Romans broadcast by CNN from the Time Warner Center studios in New York City. The business program was a week-in-review of that week's financial stories, with analysis of consumer impact from those stories; it was the final CNN program with an exclusive business focus. The show was formerly hosted by Ali Velshi before his move to Al Jazeera America. The program was last shown on Saturdays at 2:00 pm EST.
Cable news channels are television networks devoted to television news broadcasts, with the name deriving from the proliferation of such networks during the 1980s with the advent of cable television.
Craig Forman is an American entrepreneur, media executive, and former foreign correspondent who served as chief executive officer of The McClatchy Company. He previously worked at The Wall Street Journal. He is currently a partner at NextNews Ventures, an early-stage private investment fund based in San Francisco. Forman has been a non-resident fellow at the Shorenstein Center at Harvard University's Kennedy School of Government.
Magnolia Network is a Canadian English language discretionary specialty channel that broadcasts lifestyle programming related to home design, renovations, and food. The channel's brand and much of its foreign programming is licensed from its American namesake, Magnolia Network. The channel is a joint venture between HGTV Canada Inc., a subsidiary of Corus Entertainment and Warner Bros. Discovery.
Prometheus Global Media was a New York City–based B2B media company. The company was formed in December 2009, when Nielsen Company sold its entertainment and media division to a private equity-backed group led by Pluribus Capital Management and Guggenheim Partners. Guggenheim acquired Pluribus's stake in the company in January 2013, giving it full ownership under the division of Guggenheim Digital Media.
Ken Jautz serves as executive vice president, CNN-US, responsible for HLN, as well as group operations, business affairs and the Newsource affiliate service. Jautz, a longtime CNN and Turner Broadcasting executive, has managed several networks, including HLN, CNNfn and n-tv, a German national news channel.
Allen Wastler is a digital content executive in the financial services industry and a former financial journalist and TV personality. He currently oversees digital content in the insurance industry.
Discovery Family, currently rebranding to Discovery Family Channel (DFC), is an American cable television channel co-owned by The Cartoon Network, Inc. and Hasbro Entertainment, which are divisions of Warner Bros. Discovery Networks and Hasbro respectively.