CNNfn

CNNfn (fn = financial news) was an American cable television news network operated by the CNN subsidiary of the media conglomerate Time Warner from November 29, 1995, and of AOL Time Warner until December 15, 2004. The network was dedicated to covering financial markets and business news, similar to CNBC.

It was available in a number of markets, including the U.S. and Australia. In Canada, much of its content was aired on ROB TV (now BNN).

After years of struggling to attract an audience, Time Warner folded CNNfn in late 2004. On some U.S. cable television systems, its slot was given to CNN International on a full-time basis; previously, CNN International filled CNNfn's schedule in late nights and weekends. However, many cable companies ended their carriage of the channel and did not take CNN International.

CNN continues to maintain a business news vertical on digital platforms, now known as CNN Business. The vertical was originally CNNMoney—a partnership with the Time Warner-owned financial magazines Fortune and Money. The partnership was folded after Time Warner spun out its publishing assets.[1][2][3]

CNNfn
CNNfn logo
LaunchedNovember 29, 1995
ClosedDecember 15, 2004
Owned byTurner Broadcasting System
CountryUnited States
Replaced byCNN International (limited markets)

Network history

In 1995, Lou Dobbs and Ted Turner were having heated internal discussions about the direction of CNN. Dobbs was able to convince Turner that letting him start a new channel would be a way to solve both issues. Turner would keep Dobbs working for CNN while giving him his own network to run.

In July 1999, Dobbs quit CNNfn and started his own company, Space.com, and eventually returned to CNN to host Lou Dobbs Tonight.

From the start, CNNfn struggled to be picked up by local and national cable operators. In 2004, the official CNNfn network was shut down. However the technologies invented in the early CNNfn days helped launch CNN and the entire broadcasting industry into a new digital era. The CNNfn.com website continued on, and in 2001 merged with Money Magazine to form CNNMoney.

Schedule

The schedule below is taken from the now-defunct site of CNNfn as at 2001 (only from Monday to 12 am on Friday). All the times ET.

Weekdays

  • 5:30 am - Moneyline
  • 6 am - CNNmoney morning
  • 8 am - Before Hours
  • 9:29 am - Market Call
  • 11:50 am - The Biz
  • 12:30 pm - The Money Gang
  • 3pm - Street Sweep
  • 5pm - The N.E.W. Show
  • 6pm - Moneyline
  • 7pm - Business Unusual
  • 7:30pm - The Biz
  • 8pm - The N.E.W Show (re-broadcast)
  • 9pm - Moneyline (re-broadcast)
  • 10pm - The Biz (30-minute edited edition, re-broadcast)
  • 10:30pm - Weekend Show rotation
  • 11pm - Moneyline (re-broadcast)
  • 12am - Business Unusual (re-broadcast)
  • 12:30am - World Business This Morning (Live from London)
  • 1am - Weekend Show rotation
  • 1:30am - World Business This Morning (Live from London)
  • 2am - Moneyline (re-broadcast)
  • 2:30am - World Business This Morning (Live from London)
  • 3am and 3:30am - The Biz (re-broadcast)
  • 4am - The N.E.W. Show (re-broadcast)
  • 5:30am - Moneyline (re-broadcast)

Technological advances

CNNfn inaugurated many innovations on TV and online. Many of these helped the Internet and broadcasting industry become what they are today. Just a few of these accomplishments include:

  • The first fully digital studio in the world. From the digital cameras to the production room and beyond, the CNNfn network was the first fully digital professional broadcasting studio. Unlike all other studios at the time, CNNfn could control all cameras with a single joystick. CNNfn claimed the joystick operator was a computer-trained worker, not a camera operator. To make this happen, CNNfn worked closely with Avid Systems in creating some of their own first generation broadcasting solutions. Additionally CNNfn and Avid Systems worked with Apple Computer to create a hacked version of the Mac operating system as no other system at that time could handle the throughput requirements of real-time digital video editing. Due to these advancements, CNNfn had many issues with labor unions. The unions claimed that the joystick operator should be worth four times as much as a normal camera operator and thus unionized workers should be paid accordingly.
  • The first online stock quote engine. CNNfn worked with S&P Comstock and Townsend to convert what was then a special direct connection to the stock market into a real-time data feed that could be used by the CNNfn.com website. Prior to this, ticker symbol lookups were typically reserved for private firms and not generally available.
  • The first automated on-air stock ticker. Other broadcasters were showing a moving ticker, however the data from these were edited and typed by hand. Therefore, the lag time in the data being displayed to a view was unpredictable. CNNfn was the first to automatically tap into the ticker feed and create an engine that would "auto-select" hot stocks and otherwise prioritize the display to show the most relevant stocks.
  • The first with advertising campaign management. The online advertising market was just being invented while CNNfn's website was being launched. Prior to CNNfn, the online advertising market primarily used weighting for ad rotations. This would provide a specific advertiser a percentage of views for each page the ad was displayed. CNNfn worked with industry leader NetGravity to develop the first policy engine that would allow CNNfn.com to target advertisements based on user demographics.
  • The first to utilize streaming media with broadcast video. At the time, RealNetworks, VDONet, and VXtreme were startups in the streaming media space. No broadcaster saw the Internet as a viable way to reach their audience and they all believed their content to be too valuable to broadcast over the Internet for free. In late 1996, CNNfn.com published 1–2 hours of its programming each day within minutes after the actual show had aired on TV.
  • The first to utilize Layer 7 load balancing to scale. At the time, round-robin DNS with weighted nodes to account for servers with more or less power or connectivity was the only way to scale a web farm. CNNfn was working closely with Netscape by also helping the write portions of their software which was incorporated into their 2.x product line. Round robin was not fast enough at taking a server out of rotation when Netscape would crash. Thus CNNfn worked with a few vendors to implement a Layer 7 solution that would instantly know when a server was up or down. This dramatically increased the speed and quality of the CNNfn and CNN websites.
  • The first to fully automate publishing. By working with Lotus Software, CNNfn was the first to use a database back-end system to automate the work flow of a publishing system. At that time, even the Wall Street Journal, another startup, used web masters to hand convert articles from the editors into HTML and to get them approved by hand through e-mail or visual confirmation from a manager. The web master would then post the story onto the website and edit the referring page to add a link to the new document. CNNfn worked with Lotus's Domino product to fully automate the draft, approval, and publishing of its articles. The website was completely automated in re-writing its static home page with the latest stories. As an industry first, this method was published in a few major magazines and studies by others. Within months after its initial deployment, CNN revamped its own website's publishing methods and reduced its webmasters from 15 to 3.

In the summer of 1996 the top two technology members of Lou Dobb's team, Sam Edge and Nils Lahr, threatened to quit CNNfn if changes were not made to allow them more creative control in implementing new technologies. Additionally, they wanted some level of credit and increased internal recognition through proposed promotions. Dobbs tried to keep these key members of the team at CNNfn by offering them higher wages and even went as far as to suggest that he would create an entire company dedicated to high-technology research in connection with Gartner such that the advancements that were made would become knowledge that could be sold to others. However Dobbs was unable to make this happen quickly inside of CNN as there was resistance from Turner and others. In late 1996, Edge moved to CNN in Atlanta, Georgia, and Lahr left to join the startup VXtreme (which was later purchased by Microsoft and became what is now the Windows Media). Dobbs made a last-ditch attempt to keep Nils inside CNN by attempting to sue him, claiming there were "important" and "unfinished" duties that required his attention at CNNfn. The lawsuit, however, was thrown out and Lahr was allowed to leave. Shortly after Dobbs quit CNNfn and as promised started his own company Space.com.

See also

References

  1. ^ "CNN Business Launches Today With a New San Francisco Bureau". TVNewser. Retrieved 2018-10-16.
  2. ^ Merrill Knox. "New CNNMoney 'Will Be More Connected to CNN Television Than Ever'". TVNewser. Retrieved July 22, 2014.
  3. ^ Emma Bazilian (June 1, 2014). "Fortune, Money Spinoff From CNNMoney.com - Both titles finally have stand-alone sites". Adweek. Retrieved July 22, 2014.

External links

ANT1 Pacific

ANT1 Pacific (pronounced Antenna) is a subscription TV channel established in 1998. The channel is partly owned by ANT1 Greece. It is a general entertainment channel screening international, Greek and some locally produced programs.

Amanda Lang

Amanda Lang (born 31 October 1970) is a Canadian business journalist, currently employed by BNN Bloomberg. Previously, she was the host of Bloomberg North on Bloomberg TV Canada. Lang was formerly senior business correspondent for CBC News, where she anchored The Exchange with Amanda Lang daily on CBC News Network. Prior to her work with CBC, she worked as a print journalist for Canadian national newspapers and was an anchor for CNNfn and BNN.

CNN Business

CNN Business (formerly CNN Money) is a financial news and information website, operated by CNN. The website was originally formed as a joint venture between CNN.com and Time Warner's Fortune and Money magazines. Since the spin-off of Time Warner's publishing assets as Time Inc. (and their subsequent sale to Meredith Corporation), the site has since operated as an affiliate of CNN.

Darby Dunn

Darby Dunn (née Mullany) is an American journalist and reporter, known for appearing on the Fox News Channel, CNBC and CNN networks. She has also worked for CNNfn.

When appearing on Fox News, Dunn read overnight Fox News Live headline updates, and appeared as a financial reporter on CNN.

As of February 5, 2007 she has returned to CNBC where she is a general reporter and frequent anchor of the hourly CNBC.com News Now updates. She also serves as a substitute anchor on the network's business day programming.

Daria Dolan

Daria Dolan is an American business news anchor, author, and radio host.

Prior to her career in radio and television, Daria was a vice president of a New York Stock Exchange firm. Dolan holds an honorary doctorate in commercial sciences from St. Thomas Aquinas College in New York and a bachelor's degree in theater arts from Webster University in St. Louis.

She was an anchor, along with her husband of 46 years, Ken Dolan, for Dolans Unscripted on CNN. They joined CNN in 2003. The Dolans have written five books on personal finance and hosted several money seminars. Prior to joining CNN, they were contributors to CBS CBS This Morning and CBS News Saturday Morning and hosted their own show on the now defunct CNNfn. Ken died in 2018.

Franco Coladipietro

Franco Coladipietro is currently the Village President in Bloomingdale, Illinois and previously served as a Republican member of the Illinois House of Representatives representing Illinois' 45th House District. In 2006 Coladipietro unseated Republican incumbent Roger Jenisch in the Republican Primary, and went on to defeat Democrat Rob Bisceglie in the general election. He was elected to three terms in the Illinois House of Representatives and served as the minority spokesman for the Financial Institutions Committee and as a member of the Legislative Ethics Commission. Coladipietro chose not to run for re-election in 2012, and instead successfully ran for Bloomingdale Village President in 2013, unseating 20-year incumbent Robert Iden.Coladipietro is a partner with the law firm of Amari & Locallo. He practices exclusively in the area of property tax assessment matters on a nationwide basis. His representative client base includes national REITs, property management firms and commercial and industrial property owners. Coladipietro holds a Juris Doctor from John Marshall Law School and served as a Staff Editor for The John Marshall Law Review.

Professional Awards/Recognition

"Today’s Young Executive Award, The Business Ledger, 2005

"Top Forty Lawyers under Forty", Law Bulletin Publishing Company, 2003

Young Lawyer of the Year, Illinois State Bar Association, 2004

Rookie of the Year, Bloomingdale Chamber of Commerce, 2004

Alumni Distinguished Service Award, The John Marshall Law School, 2004

Guest Appearance, CNNfn "Your Money", Real Estate Taxation, 2004

Board of Governors Award, Illinois State Bar Association, 2003

Community Service Award, Illinois State Bar Association, 2000

Jennifer Westhoven

Jennifer Westhoven (born August 16, 1971) is an American reporter, currently a correspondent for HLN. She covers the economy, business, personal finance and money topics. She has been with the CNN network since 2000, starting with CNNfn. She previously worked for Reuters from 1993 to 2000.

Since 2006, she has been a part of the HLN morning show Morning Express with Robin Meade. Her regular segment throughout the morning on "Morning Express" and the Mid-Morning Block of HLN is called Your Money. She also appears regularly in the network's weekend Clark Howard show and fills in anchoring HLN's weekend newscasts. Now based in Atlanta, she formerly reported from CNN's NYC headquarters, as well as the New York Stock Exchange and NASDAQ.

She is also a contributor to the weekend CNN program Your Money, which airs on Saturday and Sunday afternoons.

Westhoven grew up in Cranford, New Jersey and earned a bachelor of arts degree in history and political science from Bryn Mawr College.

Kathleen Hays

Kathleen Hays is a university-trained economist with experience at the Federal Reserve and who is now an on-air financial reporter for Bloomberg Television. She was formerly a reporter for Investor's Business Daily, CNBC's Squawk Box and various CNNfn programming before joining Bloomberg.

Ken Dolan

Ken Dolan (1943 – April 17, 2018) was an American business anchor, author, and radio host.

Ken Dolan was an anchor, along with his wife of 46 years Daria Dolan, for Dolans Unscripted on CNN. They joined CNN in 2003.

They have also written books on personal finance and hosted several money seminars. Prior to joining CNN, the Dolans were contributors to CBS This Morning and CBS News Saturday Morning and hosted their own show on the now-defunct CNNfn, as well as hosting radio programs on the WOR Radio Network and NBC Talknet, helping to establish the personal finance genre of talk radio as a viable and credible medium.Dolan held a bachelor's degree in marketing from Boston College. He died April 17, 2018 from cancer at age 75.

Ken Jautz

Ken Jautz serves as executive vice president, CNN-US, responsible for HLN, as well as group operations, business affairs and the Newsource affiliate service. Jautz, a longtime CNN and Turner Broadcasting executive, has managed several networks, including HLN, CNNfn and n-tv, a German national news channel.

LocalVision

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Money (magazine)

Money was a monthly personal finance magazine, published by Meredith Corporation, that printed its last issue in June 2019. Its website, Money.com, continues.Its first issue was published in October 1972 by Time Inc. Its articles cover the gamut of personal finance topics ranging from investing, saving, retirement and taxes to family finance issues like paying for college, credit, career and home improvement. It is well known for its annual list of "America's Best Places to Live."

The magazine, along with Fortune, was a partner with sister cable network CNN in CNNMoney.com, an arrangement made after the discontinuation of the CNNfn business news channel in 2004. In 2014, following the spin-off of Time Inc., the magazine's publisher, from CNN parent Time Warner, Money launched its own website, Money.com.The magazine was put up for sale after Meredith Corporation completed its acquisition of Time Inc. at the beginning of 2018. After failing to find a buyer, Meredith in April 2019 announced that it would cease Money's print publication, but would invest in the brand's digital component Money.com. The printed magazine’s remaining 400,000 or so subscribers were transferred to Kiplinger's Personal Finance magazine.

News ticker

A news ticker (sometimes called a "crawler", "crawl" or "slide") is a primarily horizontal, text-based display either in the form of a graphic that typically resides in the lower third of the screen space on a television station or network (usually during news programming) or as a long, thin scoreboard-style display seen around the facades of some offices or public buildings dedicated to presenting headlines or minor pieces of news.

News tickers have been used in Europe in countries such as United Kingdom, Germany and Ireland for some years; they are also used in several Asian countries and Australia. In the United States, tickers were long used on a special event basis by broadcast television stations to disseminate weather warnings, school closings, and election results. Sports telecasts occasionally used a ticker to update other contests in progress before the expansion of cable news networks and the internet for news content. In addition, some ticker displays are used to relay continuous stock quotes (usually with a delay of as much as 15 minutes) during trading hours of major stock market exchanges.

Most tickers are traditionally displayed in the form of scrolling text running from right to left across the screen or building display (or in the opposite direction for right-to-left writing systems such as Arabic script and Hebrew), allowing for headlines of varying degrees of detail; some used by television broadcasters, however, display stories in a static manner (allowing for the seamless switching of each story individually programmed for display) or utilize a "flipping" effect (in which each individual headline is shown for a few seconds before transitioning to the next, instead of scrolling across the screen, usually resulting in a relatively quicker run through of all of the information programmed into the ticker). Since the growth in usage of the World Wide Web, some news tickers have syndicated news stories posted largely on websites of broadcasters or by other independent news agencies.

Nils Lahr

Nils Lahr (born August 1973) is an American entrepreneur, inventor and computer scientist known for his work in the streaming media industry. He founded Synergy Sports Technology and several other companies. He has also been a senior developer at Microsoft.

Philip I. Kent

Philip I. Kent is an American media executive. He was the Chief Executive Officer of Turner Broadcasting System Inc., from March 2003 to December 2013.

Kent was responsible for TBS, TNT, Cartoon Network, Turner Classic Movies, Turner South, Boomerang, TNT Latin America, Cartoon Network Latin America, TCM & Cartoon Network in Europe, TCM & Cartoon Network in Asia Pacific, Cartoon Network Japan, CNN News Group, which includes CNN/U.S., CNN Headline News, CNN International, CNNfn, CNN Radio, CNN Newsource, CNN Airport Network and CNN.com.

Kent had overall responsibility for all news and entertainment advertising and distribution, as well as for all corporate administrative functions, Turner Sports, the Atlanta Braves and Turner Field.

He began his career in 1975 at Blair Television.

Sarah Bradley

Sarah Bradley (born 20 April 1966 in Auckland) is a TV presenter and the daughter of the controversial former naval officer Captain Ian Bradley.

After studying finance and marketing at Waikato University and graduating with honours, Bradley began working for IBM as a marketing associate. In 1991, she left for New York City to pursue a stage career, attending the American Musical and Dramatic Academy, majoring in musical theatre, after which she toured in several productions. She began hosting local television shows in New York state.She became a television reporter for WRNN, before joining WTNH in New Haven, Connecticut and then CNNfn. She worked part-time at Lehman Brothers.In 2001, she returned to Auckland as business editor for TV3 News and was a back-up anchor for the network's flagship 3 News at 6 p.m., and its late-night news programme, Nightline. She began her stint on Good Morning in late February 2006. In late 2011 it was announced Bradley would be leaving Good Morning at the end of 2011

Sarah has one daughter, Melinda, with Peter Stokes, an investment adviser with JBWere.

Shelby Coffey III

Charles Shelby Coffey III (born either 1946 or 1947) is a journalist and business executive from Lookout Mountain, Tennessee, who is now a senior fellow of the Freedom Forum and a trustee of the Newseum in Washington, D.C. He was editor and executive vice president of the Los Angeles Times from 1989 to 1997. He has also been executive vice president of ABC News and was president of CNN Business News and CNNfn.Earlier, Coffey was a reporter and editor at the Washington Post, where he spent 17 years, and then editor of U.S. News & World Report. He was also senior vice president and editor of the Dallas Times-Herald.

Tennis on TNT

Tennis on TNT is a television program produced by the basic cable television network TNT that broadcasts the main professional tennis tournaments in the United States. From 2000-2002, TNT alongside CNN Sports Illustrated (and CNNfn in 2002 due to the former shutting down operations earlier in the year) broadcast same day, weekday coverage (approximately 89 hours of programming with TNT covering about 61 hours in prime time) of Wimbledon, replacing sister network HBO.TNT was ultimately replaced by ESPN2 while NBC still handled the American broadcast television portion of Wimbledon coverage. ESPN would eventually gain exclusive rights to Wimbledon, starting with the 2012 tournament.

Terry Keenan

Terry Keenan (June 1, 1961 – October 23, 2014) was an American economic/business columnist for the New York Post, and a former anchor for the Cable News Network (CNN). Keenan was host of the Fox Business Network's stocks/investment news program Cashin' In from 2002 to 2009, and a senior business correspondent for the Fox News Channel and the Fox Business Network. In September 2009 she became a Fox News contributor, in addition to being an economic/business columnist for the New York Post, which is owned by NewsCorp the parent company of Fox.

Born in Albany, New York, Keenan had two sisters. She earned an undergraduate degree in mathematics at Johns Hopkins University in 1983. After graduation, she worked at CNN from 1986–1995 in various capacities. Keenan worked behind the camera as a producer before moving into an on-air role. In 1995, she jumped to CNBC, where she anchored until returning to CNNfn in 1998 as an on-air program host.

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