CNBC and Yahoo! Finance have entered into an agreement to distribute content from CNBC, CNBC Europe, CNBC Asia, and CNBC.com to Yahoo! Finance users. This is CNBC’s first global online alliance, and Yahoo!’s first global finance video agreement.
Under the terms of the agreement, CNBC will provide video clips from its global networks and articles from CNBC.com. The content will be available to Yahoo! Finance users in the US and will also be available to Yahoo!’s 21 international financial news sites.
Mark Hoffman, president of CNBC, said: This alliance draws on the strength of CNBC’s global assets and expands the reach of our unparalleled content to Yahoo! Finance’s worldwide user base. It reaffirms our commitment to providing fast, accurate, actionable and unbiased information to our audience.
Scott Moore, senior vice president and head of media, Yahoo!, said: In an increasingly globalized economy, it’s essential that Yahoo! Finance offer investors news from the major global financial markets. The addition of CNBC video content will help Yahoo! Finance users from around the world make more informed financial decisions.