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Launch of CNBC/Dow Jones Business Video on the World Wide Web

Strategic Insights

— 2 min read

The launch of CNBC/Dow Jones Business Video on the World Wide Web marks a significant milestone in the digital age, providing business and financial professionals with unparalleled access to live and archived video and audio coverage of market-moving events and key interviews. This new online platform, available at www.cnbcdowjones.com, is a joint venture between NBC, Microsoft Corporation, and Dow Jones & Company, and offers a wealth of business intelligence to serious investors and professionals.

Key Takeaways:

  • The CNBC/Dow Jones Business Video site provides live and archived video and audio coverage of market-moving events, key interviews, and analysis from CNBC worldwide.
  • The platform is the only service of its kind on the Internet, with over 12,000 audio/video segments available in searchable archives.
  • The joint venture between NBC, Microsoft, and Dow Jones & Company aims to capitalize on the powerful combination of the companies to deliver compelling business video and audio on the Web.
  • The site is supported by a dedicated news staff and provides business professionals and serious investors with access to the full spectrum of business news around the world.
  • Subscribers to The Wall Street Journal Interactive Edition can access the site for $49 annually, with discounts for print subscribers.
  • The site is a key component of Dow Jones Interactive Publishing's business information offerings, which also include Dow Jones Markets, Dow Jones Newswires, and Dow Jones Interactive Publishing.
  • CNBC/Dow Jones Business Video is a separate business from the MSNBC 24-hour cable news service and its companion Web site, MSNBC.com.
  • NBC owns and operates the NBC Television Network and has equity interests in various other media companies, including Arts & Entertainment, The History Channel, and Court TV.

Statistics:

  • The CNBC/Dow Jones Business Video site has over 12,000 audio/video segments available in searchable archives.
  • The Wall Street Journal Interactive Edition has over 150,000 subscribers paying to access the site.
  • The site provides access to over 10,000 in-depth background reports on companies.
  • The Dow Jones Publications Library features current and past articles from 5,500 newspapers, magazines, and business-news sources.
  • Annual subscriptions to The Wall Street Journal Interactive Edition cost $49, with discounts for print subscribers.

Sources:

  • "NBC, Microsoft and Dow Jones Announce Launch of CNBC/Dow Jones Business Video on the Internet"

+ Business Wire, February 10, 1998

  • The Wall Street Journal Interactive Edition

+ http://wsj.com

  • Dow Jones Interactive Publishing

+ http://ip.dowjones.com

  • NBC Corporate Communications

+ Robert Silverman, 212-664-2756

  • Dow Jones & Company Corporate Relations

+ Karen Miller Pensiero, 212-416-2253

  • CNBC/Dow Jones Business Video Services

+ Shandwick Public Relations, 212-529-1717

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