Michael Learmonth of Silicon Alley Insider writes Wednesday that Vivek Shah, president and publisher of CNNMoney.com, believes his web site can compete with business news networks CNBC and Fox Business Network.
“We like this logic — it’s why we’ve argued that CNBC.com’s website should do the same thing. But CNBC, at least, is prevented from putting its best stuff online because of its existing cable deals. CNNMoney (and most other big financial websites) don’t have that problem.
“CNNMoney’s off to a promising start: It served 7 million video streams in January (per Nielsen), and 15 million in February (per CNNMoney’s internal numbers). The site upped its video production in January from one or two original videos a day to 31 videos.”
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