Television

CNN, Time to merge internet assets

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MUMBAI: US news broadcaster CNN and Time have announced today that the business websites CNNMoney.com, Fortune.com, FSB.com and Business2.com will be merged and re-launched in January 2006 as a single website.

The new website will retain the CNNMoney.com name and be available at www.cnnmoney.com. The site will continue to feature daily business news, markets coverage, commentary and analysis produced by the site’s dedicated staff, while drawing on a rich array of content produced by the magazines Money, Fortune, Fortune Small Business and Business 2.0, as well as from CNN’s global staff.

Time chairman and CEO Ann Moore says, “This is an unprecedented combination of world-class brands. It reinforces Time Inc.’s commitment to the Internet and our effort to deliver content in multiple ways.”

CNN US president Jim Walton says, “We are very excited to be expanding our partnership with Time Inc. and are proud of CNN’s continuing commitment to being a leader in news and information delivery.” According to Nielsen/NetRatings, the combined, non-duplicated audience of the sites in July was 9.2 million unique visitors, placing CNNMoney among the premier business and finance websites.

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