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Thursday, December 12, 2024

CNBC Plans Streaming Service Debut In 2025


It looks like another linear cable channel is adding a streaming-friendly plus to its name. Variety reports that CNBC will launch CNBC+ in the first quarter of the new year, bringing the NBCUniversal-owned business network to a streaming menu near you.

According to Brian Steinberg, CNBC+ will launch without any original programming, instead offering a “global feed” that will make its existing shows—including Squawk on the Street and Closing Bell—available to viewers both in and outside of the U.S. Reached by TVNewser, CNBC declined further comment.

The launch of CNBC+ follows NBCUniversal’s blockbuster announcement that both CNBC and MSNBC would be cleaved from NBCUniversal News Group by the end of next year. 

Both networks are joining SpinCo, the working title for the spin-off company led by NBCUniversal Media Group chairman Mark Lazarus and NBCUniversal CFO and Comcast EVP of corporate strategy Anand Kini that will house other soon-to-be ex-NBCU cable outlets, including Syfy and the USA Network.

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