CNBC is known to be a business news channel which is owned by NBCUniversal News Group; it was established on 17 April 1989. It is actually owned by a subsidiary NBCUniversal while both of them Came under the same ownership of Comcast. On 17 April 1989, they set up a network between Cablevision and NBC as a JV and bought its main competitor Financial News channel in 1991. The distribution and overall growth of Business Channel and Consumer News were increased after acquiring the CNBC, as NBC later bought the interest of Cablevision to enjoy a sole business.
The channel has been seen over 93,623,000 Household all across the United States. The network has been ranked as the nineteenth most valuable cable channel with an overall worth of four billion despite of being a sole business news TV station. Different regional channels are also operating in several parts of the world under the name of NBCUniversal and CNBC.
CNBC provides you with a daily dose of Financial Reports, Stock Markets, streaming charts, business news, videos and much more things. Stream CNBC News Channel here for free.
Business Channel and Consumer News made a little starting as SPN (Satellite Program Network) which would telecast entertainment shows, educational programs and low-budget movies. Later, the name was flipped into Temp Television. In May 1988, NBC declared that they are purchasing Tempo, after that gradually on 19 April 1989, they relaunched the station as CNBC (Consumer News and Business Channel). It’s very first to headquarter was situated in Fort Lee, NJ, and each NBC and Cablevision was sharing fifty percent stakes in the brand new service.
The present lineup of the channel contains different shows which are telecasted during weekdays. In the list of its content, you can get stock exchange news, comprehensive reports of business all around the globe, investors and entrepreneurs, interviews with the owners of the market.