IP Democracy: Business Video News on the Web Heats Up

It seems like a no-brainer — CNBC, the favorite breaking news TV channel for Wall Street, has taken its video content online with a revamped CNBC.com. The channel had been held captive on an MSN portal under a five-year deal with Microsoft, which expired in June 2005, and now it’s taking to the web in advance of the launch of Fox’s new business channel later this year.

The video is integrated with other content, such as charts and text, and the site currently features at least one web-only show called Market-in-a-Minute, available at the top and bottom of each hour. CNBC.com also offers a $9.95/month premium option that gives subscribers access to live feeds (my bet is that this option will be a big seller) as well as six months’ worth of video clips.

Fox, meanwhile, isn’t sitting idle until it launches its business news channel. The network is gearing up to announce this week a deal to provide business news content to Yahoo! Finance. Fox will provide “Your World with Neil Cavuto” clips, and other video content, including market updates, to the top finance portal.

Posted by Cynthia Brumfield on December 4, 2006 9:40 AM to IP Democracy