N24 (Germany)
| N24 | |
|---|---|
N24 logo
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| Launched | January 24, 2000 |
| Owned by | WeltN24 GmbH |
| Picture format |
16:9 576i (SDTV) 1080i (HDTV) |
| Slogan | Werden sie Augenzeuge. (German) Become your Eyewitness. (English) |
| Country | Germany |
| Broadcast area | National; also distributed in Austria and Switzerland |
| Headquarters | Berlin, Germany |
| Website | N24.de |
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Availability
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| Satellite | |
| Astra 1KR | 10803 H (PAL) |
| Astra 1L | 12545 H, SR 22000, FEC 5/6 |
| Cable | |
| Cablecom | Channel 047 (digital CH-D) |
| Streaming media | |
| N24 official website | weltN24 |
N24 is a television news channel and website based in Germany and owned by WeltN24 GmbH. It also provides regular news updates to ProSiebenSat.1 Media properties like ProSieben and kabel eins.
In the late 1990s, in the heat of the dot-com bubble ProSieben Media Group, then consisting of two TV channels (ProSieben and Kabel 1) whose programming largely consisted of US movies, sitcoms and series, tried to take over German television news channel n-tv, then owned by Handelsblatt and CNN. After the attempt failed, ProSieben Media purchased German newswire ddp (now dapd) and announced the launch of its own news channel soon afterwards, by consolidating ProSieben's news department. The channel was launched on January 24, 2000 at noon, from ProSieben Media's headquarters in Unterföhring near Munich. In collaboration with Bloomberg Television, N24 provided live coverage of financial markets around the world. Apart from running its own network, N24 also provided ProSieben and Kabel 1 with newscasts.
In the same year, ProSieben Media AG purchased rival channel Sat.1, located in Berlin, which had a news department of its own and ran a number of factual programmes. ProSieben Media AG renamed itself ProSiebenSat1 Media AG afterwards. After the merger, N24 moved from Unterföhring to Sat1's headquarters in Berlin in July 2001, and the news departments of Sat1 and N24 were combined.
In 2002, ProSiebenSat1's majority owner, KirchMedia, filed for bankruptcy. While ProSiebenSat1 itself was not broke, an extended search for a buyer, during which ProSiebenSat1 was effectively owned by KirchMedia's banks, created uncertainty at the company. This combined with the market crisis after the end of the dotcom bubble and 9/11, caused ProSiebenSat1 to cut costs. It replaced a number of newscasts on N24, especially in the afternoons, the evenings and on the weekends, with cheaper documentaries. Business and stock market coverage was also cut dramatically, and remaining business reports were bought from CNBC Europe instead of producing them in-house. The reports featured CNBC’s proprietary graphics. In 2007, N24 strengthened its business coverage, introducing daily programmes such as Börse am Mittag ["Stock Market Afternoon"] and Börse am Abend ["Stock Market Evening"]. The channel moved its headquarters in October 2008.
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Wikipedia