The site, which focuses on business and investing, will compete with services such as Yahoo Finance and Google Finance, as well as new web content sites like Seeking Alpha, which recently took funding from BenchMark Capital.
The goal is to complement the CNBC cable channel, with additional web-only video and other content. The site will have 3-8 hours of daily live programming as well as a live newscast called “Market in a Minute” twice per hour during market hours. Much of the content is available free on the site. Some premium and archived content is available for a $9.99 per month premium fee. The video player can be pulled out in a separate small browser window to keep streaming video on the desktop.
Most content is now tagged for easier searching and browsing, and CNBC will be hosting blogs written by CNBC anchors (well, at least they’ll be under the anchors’ names).