Type of site
|
Financial news |
---|---|
Available in | English |
Owner | Time Warner |
Website | money |
CNNMoney.com is a financial news and information website, operated by the CNN division of Time Warner. The website was originally formed as a joint venture between CNN and Time Warner's Fortune and Money magazines. Since the spin-off of Time Warner's publishing assets, CNNMoney now operates as a subsidiary of CNN.com and is no longer tied to these magazines.
CNN Money launched in 2001, replacing CNNfn's website. Time Warner had also announced an intention to relaunch the CNNfn television network under the CNNMoney moniker, but those plans were apparently scrapped.
Prior to June 2014, the website was operated as a joint venture between CNN and two Time Warner-published business magazines; Fortune and Money. In June 2014, Time Warner's publishing assets were spun-out as Time Inc.; as a result, all three properties launched separate web presences. With the re-launch, CNN head Jeff Zucker also promised increased synergies between the website and the CNN channel, such as branded segments and the re-branding of CNN's weekly financial show Your Money as CNNMoney.