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CNBC

Headquarters: 900 Sylvan Ave.
Englewood Cliffs, NJ 07632
Employees: 800+
CEO: Mark Hoffman
Division of NBCUniversal
Website
: http://www.cnbc.com

Career Site

CNBC is the world's leading cable business network, providing real-time financial market coverage and business information to more than 395 million homes worldwide, including more than 100 million households in the United States and Canada.

The network airs 16 hours of live business programming (weekdays from 4:00 a.m.- 8:00 p.m. ET) produced at CNBC's headquarters in Englewood Cliffs, N.J. CNBC also includes reports from its news bureaus worldwide in Midtown Manhattan, the NASDAQ MarketSite, Washington D.C., Chicago, Los Angeles, Palo Alto, London, Singapore and CNBC headquarters.

CNBC opened a new studio on the floor of the NY Stock Exchange in February 2012.

CNBC offers viewers live programming on the markets every weekday, with programs such as "Squawk Box," "Power Lunch," "Closing Bell" and "Mad Money w/Jim Cramer." CNBC Primetime programming includes repeats of Shark Tank and a new show called Restaurant Startup. CNBC Weekend programming usually offers paid infomercials.

The channel is known for its ticker at the bottom of the screen that displays real-time stock quotes during market hours.

Top anchors and personalities on CNBC include: Jim Kramer, Joe Kernen, Becky Quick, Carl Quintanilla, Sue Herera, Bill Griffeth, Melissa Lee, David Faber, and Larry Kudlow.

CNBC also has channels in Europe, the Middle East, Asia-Pacific and Africa and CNBC World.

Viewers of CNBC business news programming are business executives and financial professionals that are among the wealthiest audience on TV. According to a survey by Mendelsohn Media Research, the median household net worth of CNBC Business Day viewer exceeds $1.2 million.

CNBC is part of NBCUniversal and reportedly one of the most profitable networks in the company behind USA Network.

History

The network was launched on April 17, 1989 and originally known as the Consumer News and Business Channel. It was jointly owned by NBC and Cablevision and based in Ft. Lee, NJ. CNBC acquired and merged with the Financial News Network in 1991 and the combined network expanded to over 40 million homes. Cablevision sold its 50% stake back to NBC following the deal.

CNBC became the first television network to broadcast live from the floor of the NYSE with a report from Maria Bartiromo in August 1995.

CNBC moved into a new 350,000 square-foot headquarters building in Englewood Cliffs, NJ in 2002.

Updated September 6, 2014

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