CNBC had its beginnings around 1980 as the Satellite Program Network (SPN), showing a low-budget mix of old movies, instructional and entertainment programs.The channel later changed its name to Tempo Television.Under Rogers' leadership, CNBC began to grow during the 1990s, launching Asian and European versions of the channel in 19 respectively.In 1997, CNBC formed a strategic alliance with Dow Jones, including content sharing with Dow Jones Newswires and The Wall Street Journal and the rebranding of the channel as "a service of NBC and Dow Jones". Today, CNBC provides business news programming from 4 a.m.On January 24, 2007, the network launched a long-anticipated monthly newsmagazine called Business Nation, which is anchored by award-winning journalist David Faber.Each edition of the program covers three stories; a mixture of profiles, investigative pieces and features.
On October 13, 2014 - coincidentally the 11th anniversary of CNBC's relocation to its current facilities in Englewood Cliffs, NJ - CNBC switched to a full 16:9 letterbox presentation, in line with its Asian and European siblings (see "On-air presentation" below for more information). businesses, updates of stock market indices and commodities prices, interviews with CEOs and business leaders, and commentary from many investment professionals.
CNBC had considerable difficulty getting cable carriage at first, as many providers were skeptical of placing it alongside the longer-established Financial News Network.
By the winter of 1990, CNBC was only in 17 million homes – less than half of FNN's potential reach – despite having the muscle of NBC standing behind it.
CNBC is an American basic cable, internet and satellite business news television channel that is owned by NBCUniversal News Group, a division of NBCUniversal, with both being ultimately owned by Comcast.
Headquartered in Englewood Cliffs, New Jersey, the network primarily carries business day coverage of U. and international financial markets; following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.
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