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Who owns CNBC?

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memenode's picture
User offline. Last seen 6 days 19 hours ago. Offline
Joined: 2004-07-12

For some reason I like watching channels such as CNN and CNBC. They seem so up to date and present the world news on anything (CNN) and business (CNBC) in a very attractive way and they are also in english while big majority of other satelite broadcasted channels (on Astra at least) are in german.

However, I am wondering if Microsoft actually owns the whole of CNBC network which advertises itself as the "leader in business news" and has something I could call a monopoly on business news media. The thought is interesting to me because I am not sure if the business info I am watching is BSed by MS's interests in some way.

There is an "MSNBC" site at http://www.msnbc.msn.com/ that displays the CNBC logo and the name seems very related to CNBC. Also, the cnbc.com redirects to MSN money site, the investments section. CNBC Asia has a separate website at cnbcasia.com and CNBC Europe has a standalone site at cnbceurope.com. What I am watching is CNBC Europe.

Another thing that made me ask this question is that in the program they call for voting via MSN.

So, what's the deal? Does the above mean that MS owns whole of CNBC or that it just owns certain parts of it? If MS doesn't own CNBC than from where is this relation between them and who then owns CNBC?

Maybe it is a silly question and maybe I should know this by now, but here enlighten me. :-)

Btw, do you watch CNBC? How do you like it?

Thanks
Daniel

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Daniel Memenode signature

User offline. Last seen 6 years 6 weeks ago. Offline
Joined: 2004-08-23
Re: Who owns CNBC?

If I remember correctly, some years ago NBC got renamed to MSNBC and then to CNBC... But don't ask me, I know nothing about who owns CNBC or if it perhaps is a shared ownership. I think we used to have that channel on cable here, but not anymore.

You're right to wonder who owns CNBC. With every message you get, you should consider who is talking to you.

Anyways, television is sooooo pre-singularity :-) . Go read/write wikinews: http://en.wikinews.org/wiki/Main_Page
(as I have a right to speak, my favourite news source is a weekly dinosaur blog called The Economist)

memenode's picture
User offline. Last seen 6 days 19 hours ago. Offline
Joined: 2004-07-12
Re: Who owns CNBC?

Someone on IRC told me that MSNBC owns CNBS although he didn't say much more about it. Apparently it would be safe to say that MS is one way or another involved in the network and that is beyond the fact that they use MSN as a voting system.

Quote:

tbuitenh wrote:
Anyways, television is sooooo pre-singularity :-) . Go read/write wikinews: http://en.wikinews.org/wiki/Main_Page
(as I have a right to speak, my favourite news source is a weekly dinosaur blog called The Economist)

Well, TV is a one way thing indeed and compared to internet and wikis it is indeed pre-singularity (I guess you picked up that term from Kurzweil's latest book :-) ). There is no doubt that internet is the best source for getting news, although that depends on the choice of a site to read. Wikinews would be a good choice because there can be no bias when everyone can edit it.

Still though, it is sometimes nice to have it delivered "one way" and all in one through live TV broadcasted discussions, quick live talking news reports and flashy graphics and animations representing what is to be the world business situation right now. Despite who owns it I think CNBC and also CNN do go a bit beyond classic television because they seem to be on top of the story the moment it happened.

Of course though, we should check everything on the internet. We gotta use the power of the net when we have it and there's an abundance of good sites to check on for live news too.

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Daniel Memenode signature

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Re: Who owns CNBC?

The concept of "the singularity" dates back to the 1950s, when Kurzweil was only a child.

As a joke I refer to the time before two-way mass communication as "pre-singularity". Of course there is some truth in this joke. With changes like the practical end of copyright (gee, go read my blog about that), it looks a lot like we're in the middle of the singularity! Although things probably won't be so extreme that they justify the use of the word.

By the way, does anyone know where I picked up the term "dinosaur blog" (meaning newspaper)? I forgot.

for reference: http://en.wikipedia.org/wiki/Technological_singularity

Anyhoo, back to topic. Will the real owner of CNBC please step forward?

memenode's picture
User offline. Last seen 6 days 19 hours ago. Offline
Joined: 2004-07-12
Re: Who owns CNBC?

The wikipedia page on CNBC has some answers. Although it doesn't mention Microsoft, it says that NBC Universal owns CNBC while NBC Universal is a "joint venture" of General Electric and Vivendi Universal. So, we're looking at the media conglomerate.

One look to wikipedia and there we go. Smiling

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Daniel Memenode signature

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Re: Who owns CNBC?

It is amazing (and pretty scary) how interconnected things are at the top of the corporate chain. One big corporate propaganda machine. Look them up at Columbia journalisms Who Owns What site. Be sure to check out their Entangling Alliances page.

I prefer to get my news from indymedia.org and guerrillanews.com

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