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http://www.CNNMoney.com
November 02, 2006 02:33 PM Eastern Time 

CNNMoney.com Launches Online Video Platform

Videos to Be Based on Timely News Stories, Magazine Content and Exclusive Conference Features

NEW YORK--(BUSINESS WIRE)--CNNMoney.com, the world’s largest dedicated business and finance Web site, today launched a new online video platform which will offer users a unique library of streaming video content covering the world of business and finance. The initiative will utilize the high quality video production of CNN, which will co-produce each segment. As part of the launch, a prominent video module with eight featured and newsworthy video segments will be posted on the site’s home page at all times.

“Video is a vital component of the Web experience”

The segments produced for the site will derive from key stories from each of the four magazines housed on the site – FORTUNE, FORTUNE Small Business, Money and Business 2.0 – as well as stories by the dedicated editorial staff of CNNMoney.com. In addition, business news from CNN’s broadcast networks will be available directly through the newly-launched CNNMoney.com video player.

“Video is a vital component of the Web experience,” said Vivek Shah, President of Digital Publishing, The Time Inc. Business and Finance Network. “The access and insight of our magazines combined with CNN’s video production capabilities will translate into a Web video experience unlike any in our category.”

Today’s launch features nearly 50 exclusive video segments which build off of some of the magazines’ franchise issues including FORTUNE’s “Fastest Growing Companies,” Money’s “Best Places To Live,” Business 2.0’s “The Next Disruptors,” and FORTUNE Small Business’ “Best Bosses 2006.” Video coverage also includes some of the magazines’ prestigious events and conferences, such as FORTUNE’s Most Powerful Women Summit 2006 and Geoff Colvin’s C-Suite Strategies series, featuring exclusive interviews with top executives and business leaders.

“This new initiative from CNNMoney.com is a fantastic way to bring the unparalleled content of Time Inc.'s business magazines into the video world," said Greg D'Alba, COO of CNN Ad Sales and Marketing. "We are looking forward to working with Time Inc. to offer our advertisers a whole new suite of broadband video applications on the top business and financial web site in the industry.”

About CNNMoney.com

CNNMoney.com is the world’s largest dedicated business and finance Web site. The site is the Internet home of FORTUNE, FORTUNE Small Business, Business 2.0 and Money, and serves as CNN.com’s exclusive business site. The site attracts an average of 8.4 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 at www.CNNMoney.com.

Contacts

CNNMoney.com
Andrew Palladino, 212-522-2134
andrew_palladino@timeinc.com
or
Carmine N. Tiso, 212-522-8129
carmine_tiso@timeinc.com

http://www.CNNMoney.com

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