The companion CNNMoney.com website will NOT close down…(it is a JV between CNN and MOney magazine)…the executives are giving a spin on the closure: they are planning to aggressively look at making programming available via video-on-demand and the Internet, in addition to running some shows on CNNfn’s two sister networks, CNN and CNN Headline News.
Jim Walton, president of CNN News Group, in a conference call (via TVNewser): “We happen to have the number one Web site. We were early to get in to that space. We have a – currently have some VOD products, and some broadband offerings. And we’re gong to continue to look at technologies, and how we can best advantage ourselves going forward.”
Related:
– Walton’s Message To CNNfn Employees
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