Tuesday, January 15, 2008

CNNMONEY.COM LAUNCHES BROADBAND INITIATIVE

CNN Money Pressroom - January 15, 2008 — NEW YORK, NY — CNNMoney.com (http://www.CNNMoney.com), the world's leading business and finance Web site, today launched a new broadband initiative designed to give viewers approximately 30 originally produced for the web, broadcast-quality videos per day. CNNMoney.com's homepage has been redesigned to include a prominent, imbedded video player to allow users to view video content while continuing to follow breaking business news and live, streaming financial data.

"Whether it be breaking news or newly-created original programming, our video content will be differentiated, highly relevant, and provide a unique, but complementary experience for the site's users," said Jonathan Shar, General Manager of CNNMoney. "We will leverage the power of our award-winning brands: FORTUNE, MONEY, and FSB: FORTUNE Small Business to provide unparalleled access and engaging story-telling through video."

New content highlights include daily segments, weekly shows, monthly programming, and annual specials, overseen by executive producer Caleb Silver, and a team of producers and reporters dedicated to producing online original daily business and finance news and feature video.

Daily segments include: business updates hosted by Poppy Harlow, reporting live from the CNNMoney newsroom; in-depth stock analysis; CNNMoney.com and FORTUNE-branded commentary; and Street Life, featuring FORTUNE managing editor Andy Serwer who gives the inside angle on story-making headlines.

There will be weekly-produced packages that leverage the FortuneMoney Group's print publications. In addition, there will be a diverse slate of monthly programming and annual specials from all four business brands, as well as franchise-specific content such as the FORTUNE 500 and MONEY's Best Places to Live.

"We are thrilled to launch this comprehensive initiative and aim to be a thriving example of the finest digital video journalism," said Chris Peacock, executive editor and vice president, CNNMoney. "We have a team of producers who can shoot, edit, produce and report from anywhere in the country and get up-to-the-minute coverage for our viewers in real time."

About CNNMoney.com

CNNMoney.com is the world's largest business website. The site is the online home of FORTUNE, MONEY, and FSB: FORTUNE Small Business magazine, and serves as CNN.com's exclusive business site. The site, together with the three titles, is part of the FortuneMoney Group, and attracts nearly 8.0 million unique visitors per month, according to Nielsen/NetRatings. CNNMoney.com is a division of Time Warner Inc., the world's largest media company, and is available online or through internet enabled mobile devices at www.CNNMoney.com.

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