Launches Broadband Initiative

Tue Jan 15, 2008 11:21am EST

* Reuters is not responsible for the content in this press release.

NEW YORK--(Business Wire) (, 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.'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; 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
Fortune|Money 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 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's exclusive business site. The site,
together with the three titles, is part of the Fortune|Money Group,
and attracts nearly 8.0 million unique visitors per month, according
to Nielsen/NetRatings. is a division of Time Warner Inc.,
the world's largest media company, and is available online or through
internet enabled mobile devices at

Fortune/Money Group
Katy Reitz, +1 212-522-6724
Matthew Polevoy, +1 212-522-8129

Copyright Business Wire 2008