TVN Group – the leading media group in Poland – and CNBC – the leading financial and business news network – today announced the formation of a new co-produced business news channel called TVN CNBC Biznes which will operate in close cooperation and exclusively with CNBC. The contract between the TVN Group and CNBC is unprecedented in the Polish market. This is also the first initiative which establishes in Central Europe, a channel with global coverage.
The contract allows for daily editorial and technological teaming between CNBC and TVN CNBC Biznes in Poland, but also for TVN CNBC Biznes to provide reports and analysis on economic developments in Poland to CNBC Europe.
The global reach of TVN CNBC Biznesnews will be possible thanks to CNBC Europe who will share its technical resources and expertise in providing news, interviews and analysis on business and financial markets.
TVN CNBC Biznes will have access to CNBC’s infrastructure all around the world (including news bureaus in London, Frankfurt, Milan, Brussels, Paris, New York, Tokyo, Dubai, Singapore, South Korea, South Africa), and at CNBC’s broadcast centres at major international stock exchanges. The Polish business channel will have permanent correspondents in London and Frankfurt, where they will have access to the resources of CNBC’s local newsrooms in order to provide TVN CNBC Biznes live broadcasts to Wiertnicza Street in Warsaw.
CNBC Europe infrastructure will also allow TVN CNBC Biznes to broadcast live comments on the Polish economy from analysts in banks and financial institutions based in London, an important analytical centre not only for the global markets, but also for the business, economic and political developments in Central Europe.
TVN CNBC Biznes will use a state of the art newsroom with the latest technologies to give it a competitive advantage today. A fixed link will be set up between London and Warsaw for routine exchange of footage and programme excerpts between CNBC Europe and TVN CNBC Biznes. The contract also enables the sharing of the two organisation’s satellite trucks.
TVN CNBC Biznes journalists will provide CNBC Europe with reports from the Warsaw Stock Exchange. Thus, the Polish stock exchange will join an elite group of the capital markets featured by this globally recognised TV network. Partners of the Polish business channel believe that this will strengthen the position of Warsaw as a regional financial hub for Central Europe. TVN CNBC Bizneswill also be able to provide reports on economic developments in Poland.
The agreement with CNBC also provides TVN CNBC Biznes with substantial knowledge and expertise in the production of a daily live business channel. Currently the team consists of 50 people. Roman Mlodkowski, TVN Business News Services Director, is appointed as the first TVN CNBC Biznes Programming Director. Pursuant to the contract, the TVN Group has the exclusive licence to operate the TVN CNBC Biznes channel in Poland and as such, TVN Group is responsible for operational management of the channel.
- ends -
CNBC Europe is the only real-time, pan-European business and finance news network dedicated to European CEOs, senior corporate executives, the European financial services industry and European investors. The channel is available online and in over 100 million homes, 1,400 banks and financial institutions and leading hotels across Europe, the Middle East and Africa. Additionally CNBC.com gives you access to the world's most comprehensive archive of business news videos ever assembled and to live streams of all three CNBC regional networks.
For more information visit CNBC.com
TVN Group is the leading media group in Poland. TVN Group owns and operates twelve television channels: TVN, TVN Siedem, TVN 24, TVN Meteo, TVN Turbo, ITVN, TVN Style TVN Gra, TVN Lingua, TVN Med, Discovery Historia and Mango Teleshoping. TVN Group also owns Poland leading internet portal, Onet.pl. TVN, our principal free-to-air channel, is recognized in the Polish market as a leading television broadcaster of high quality entertainment and comprehensive independent news and current affairs programs. TVN Siedem is an entertainment channel that complements TVN’s programs by broadcasting feature films, television series and game shows. TVN 24 channel is the only 24-hour news and current affairs television channel in Poland. TVN Meteo and TVN Turbo are Poland’s first dedicated weather and automotive channels, respectively. TVN Style is a thematic channel focused on health and beauty. ITVN is a television channel that targets viewers of Polish origin living abroad. TVN Gra is an interactive game show channel. TVN Lingua is our language teaching channel and TVN Med is our educational channel aimed at medical professionals. ITVN is a television channel that targets viewers of Polish origin living abroad. TVN Gra is an interactive game show channel. TVN Lingua is our language teaching channel and TVN Med is our educational channel aimed at medical professionals. Discovery Historia is our historical channel launched in cooperation with Discovery Networks. Onet.pl is the largest and the most popular internet portal in Poland. TVN S.A.’s shares have been traded on the Warsaw Stock Exchange since December 7, 2004 and are included in the Warsaw Stock Exchange indices, including the WIG 20, TechWig and Wig Media.
Additional information is available at www.investor.tvn.pl
For further information please contact:
CNBC Europe:
Hugo Foulds
Head of Communications
Direct line: +44 (0)20 7653 9398
TVN Group:
Karol Smolag
Press spokesman
Direct line: +48 22 856 66 88