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CNBC

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CNBC
CNBC logo.svg
Basic facts
Location:Englewood, N.J.
Type:News Media
Top official:Mark Hoffman, President
Year founded:1989
Website:Official website

CNBC is a cable news network owned by NBCUniversal, a subsidiary of Comcast Corporation. The network was first launched in 1989 as the Consumer News and Business Channel. CNBC was NBC's first cable network.[1] The network's primary focus is business and financial news.

CNBC is a now a network of global media outlets, including CNBC U.S., CNBC Asia Pacific, CNBC Europe, Middle East and Africa (EMEA), CNBC World, CNBC HD, and CNBC.com.[2]

Background

CNBC began in 1989 as the Consumer News and Business Channel and was NBC's first cable news network.[1] The network hosts both realtime stock market data, in-house news programs and documentaries on business and finance.[2]

In 2006, CNBC launched its website, CNBC.com.[1] The website features live global stock market feeds, features on U.S. business and markets as well as global coverage. The site also covers investing, small business news and technology news.[3]

CNBC headquarters in Englewood, New Jersey.

CNBC U.S. programing includes shows such as the following (the following list is not comprehensive):[4]

  • "Mad Money with Jim Cramer"
  • "Fast Money"
  • "Squawk Box"
  • "Squawk Alley"
  • "Closing Bell"
  • "Power Lunch"
  • "The Profit"
  • "West Texas Investors Club"
  • "Shark Tank"
  • "Undercover Boss"
  • "Secret Lives of the Super Rich"
  • "The Filthy Rich Guide"
  • "On the Money"
  • "The Suze Orman Show"
  • "American Vice"
  • "Consumed"

CNBC broadcasts around the world over several networks, including CNBC Asia Pacific, which is headquartered in Singapore. CNBC Asia Pacific broadcasts seven hours of live coverage daily and broadcasts to 21 countries via CNBC Asia, CNBC-TV18 (India), Nikkei-CNBC (Japan) and SBS-CNBC (South Korea). The network also broadcasts in conjunction with China's CCTV's "Global Connection Show," reaching, according to CNBC Asia, 400 million homes.[5] CNBC EMEA, headquartered in London, broadcasts to Europe, the Middle East and Africa. The network reaches "5.7 million viewers made up of Europe's top 20% of income earners," according to CNBC.[6]

On July 16, 2015, CNBC announced that it would host the third Republican presidential primary debate in Boulder, Colorado, on October 28, 2015.[7] In September 2015, CNBC announced that Carl Quintanilla, co-anchor of "Squawk on the Street" and "Squawk Alley," Becky Quick, co-anchor of "Squawk Box," and CNBC's chief Washington correspondent, John Harwood would moderate the debate, entitled "Your Money, Your Vote." The focus of the third Republican debate was job growth, taxes, technology, retirement and the health of our national economy.[8]

Leadership

Below is the list of the leadership of CNBC:[9][10]

  • Mark Hoffman, President
  • Jim Ackerman, Senior Vice President, Primetime Alternative
  • Deirdre Bianchi, Senior Vice President, Scheduling and Program Strategy
  • Cara Casey, Vice President, Programming and Development
  • Randy Culbertson, Chief Financial Officer
  • Nikhil Deogun, Senior Vice President and Editor in Chief, Business News
  • Kevin Krim, Senior Vice President & General Manager, CNBC Digital
  • Kevin Wright, Senior Vice President, Research
  • Allen Wastler, Managing Editor
  • Jennifer Sobel, Director of Finance
  • Satpal Brainch, President of Asia Pacific
  • Mick Buckley, President of EMEA
  • K.C. Sullivan, President and Managing Director, CNBC International
  • Robert Foothorap, Senior Vice President, TV Network Ad Sales
  • Munira Ibrahim, Head of Sales Operations, European Unit
  • Peter Juno, Senior Vice President, International Operations
  • Barbara Stelzner, Head of News, CNBC Europe
  • Jason Webby, Senior Vice President of Sales

Statistics

Below is a brief statistical overview of CNBC.

Stats on the CNBC
  • Revenue growth in 2014: 5% to $205 million.[11]
  • CNBC reaches 100 million households in the U.S. and Canada and reaches 371 million households around the world.[2]
  • CNBC reaches 400 million households in China.[2]
  • Since 1998 (up to 2010), regular viewership had fluctuated for CNBC: 1992: 12%; 2000: 13%; 2002: 13%; 2004: 10%; 2006: 11%; 2008: 12%; 2010: 8%.[12]









Media

Recent news

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See also

External links

Footnotes