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Encyclopedia > CNNfn

CNNfn was a U.S. cable television news network operated by Time Warner from December 29, 1995 to December 15, 2004. The network was dedicated to covering financial markets and business news. Image File history File links Emblem-important. ... Image File history File links No higher resolution available. ... Motto: (Out Of Many, One) (traditional) In God We Trust (1956 to date) Anthem: The Star-Spangled Banner Capital Washington D.C. Largest city New York City None at federal level (English de facto) Government Federal constitutional republic  - President George Walker Bush (R)  - Vice President Dick Cheney (R) Independence from... Coaxial cable is often used to transmit cable television into the house. ... For other uses, see News (disambiguation). ... Time Warner Inc. ... is the 363rd day of the year (364th in leap years) in the Gregorian calendar. ... Year 1995 (MCMXCV) was a common year starting on Sunday (link will display full 1995 Gregorian calendar). ... is the 349th day of the year (350th in leap years) in the Gregorian calendar. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... In finance, financial markets facilitate: The raising of capital (in the capital markets); The transfer of risk (in the derivatives markets); and International trade (in the currency markets). ...


It was available in a number of markets, including the U.S. and Australia. In Canada, much of its content screened on ROB TV (now BNN). Report on Business Television logo. ...


After years of struggling to attract an audience, Time Warner folded CNNfn in late 2004. On some U.S. cable television systems, its slot was given to CNN International on a full-time basis; previously, CNN International filled CNNfn's schedule in late-nights and weekends. The last few hours of CNNfn's last day, was, in fact, CNN International programming, as CNNfn's programming itself ended for good at noon ET. This article does not cite any references or sources. ...


The only surviving (and profitable) part of CNNfn was the CNN/Money website, a joint venture with Time Warner's Money magazine. Money is a Time Warner financial magazine. ...

Contents

Network history

In 1995, Lou Dobbs and Ted Turner were having heated internal discussions about the direction of CNN. Dobbs was able to convince Turner that letting him start a new channel would be a way to solve both issues. Turner would keep Dobbs working for CNN while giving him his own network to run. Lou Dobbs (born September 24, 1945) is the anchor and managing editor of CNNs Lou Dobbs Tonight, an editorial columnist, and host of a syndicated radio show. ... Robert Edward Turner III (born November 19, 1938) in Cincinnati, Ohio[1]) is an American media mogul and philanthropist. ...


In July, 1999 Dobbs quit CNNfn and started his own company, Space.com. Dobbs would eventually return to CNN and Lou Dobbs Tonight is today one of the network's top-rated shows. Space. ... Lou Dobbs Tonight is an editorial and discussion program on CNN, anchored by journalist Lou Dobbs, who is also its managing editor. ...


From the start CNNfn struggled to be picked up by local and national cable operators. In 2004 the official CNNfn network was shut down. However the technologies invented in the early CNNfn days helped launch CNN and the entire broadcasting industry into a new digital era. The CNNfn.com website continued on, and in 2001 merged with Money Magazine to form CNN/Money. Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Money is a Time Warner financial magazine. ...


Technological advances

CNNfn inaugurated many innovations on TV and online. Many of these helped the Internet and broadcasting industry become what they are today. Just a few of these accomplishments include:

  • The first fully digital studio in the world. From the digital cameras to the production room and beyond, the CNNfn network was the first professional broadcasting fully digital studio ever built. Unlike all other studios at the time, CNNfn could control all cameras with a single joystick. CNNfn claimed the joystick operator was a computer trained worker, not a camera operator. To make this happen, CNNfn worked closely with Avid Systems in creating some of their own first generation broadcasting solutions. Additionally CNNfn and Avid worked with Apple Computer to create a hacked version of the Mac operating system as no other system at that time could handle the throughput requirements of real-time digital video editing. Due to these advancements, CNNfn had many issues with labor unions. The unions claimed that the joystick operator should be worth four times as much as a normal camera operator and thus unionized workers should be paid accordingly.
  • The first online stock quote engine. CNNfn worked with S&P Comstock and Townsend to convert what was then a special direct connection to the stock market into a real-time data feed that could be used by the CNNfn.com website. Prior to this, ticker symbol lookups were typically reserved for private firms and not generally available.
  • The first automated on-air ticker. Other broadcasters were showing a moving ticker, however the data from these were edited and typed by hand. Therefore, the lag time in the data being displayed to a view was unpredictable. CNNfn was the first to automatically tap into the ticker feed and create an engine that would "auto-select" hot stocks and use other prioritization policies to automatically display the most relevant stocks.
  • The first with advertising campaign management. The online advertising market was just being invented while CNNfn's website was being launched. Prior to CNNfn, the online advertising market primarily used weighting for ad rotations. This would provide a specific advertiser a percentage of views for each page the ad was displayed. CNNfn worked with industry leader NetGravity to develop the first policy engine that would allow CNNfn.com to target advertisements based on demographics and other known data points.
  • The first to utilize streaming media with broadcast video. At the time, Real Networks, VDONet and VXtreme were startup companies in the streaming media space. No broadcaster saw the Internet as a viable way to reach their audience and they all believed their content to be too valuable to broadcast over the Internet for free. In late 1996, CNNfn.com published 1-2 hours of its programming each day within minutes after the actual show had aired on TV.
  • The first to utilize Layer 7 load balancing to scale. At the time, DNS round-robin with weighted nodes to account for servers with more or less power or connectivity was the only way to scale a web farm. CNNfn was working closely with Netscape by also helping the write portions of their software which was incorporated into their 2.x product line. Round robin was not fast enough at taking a server out of rotation when Netscape would crash. Thus CNNfn worked with a few vendors to implement a Layer 7 solution that would instantly know when a server was up or down. This dramatically increased the speed and quality of the CNNfn and CNN websites.
  • The first to fully automate publishing. By working with Lotus Software, CNNfn was the first to use a database back end system to automate the work flow of a publishing system. At that time, even the Wall Street Journal, another startup website, used webmasters to hand convert articles from the editors into HTML and to get them approved by hand through e-mail or visual confirmation from a manager. The web master would then post the story onto the website and edit the referring page to add a link to the new document. CNNfn worked with Lotus's Domino product to fully automate the draft, approval and auto-publishing of its articles. The website was completely automated in re-writing its static home page with the latest stories. As an industry first, this method was published in a few major magazines and studies by others. Within months after its initial deployment, CNN revamped their own website publishing methods and cut its web master count from 15 to three.

In the summer of 1996 the top two technology members of Lou Dobb's team, Sam Edge and Nils Lahr, threatened to quit CNNfn if changes were not made to allow them more creative control in implementing new technologies. Additionally they wanted some level of credit and increased internal recognition through proposed promotions. Dobbs tried to keep these key members of the team at CNNfn by offering them higher wages and even went as far as to suggest that he would create an entire company dedicated to high technology research in connection with Gartner such that the advancements that were made would become knowledge that could be sold to others. However Dobbs was unable to make this happen quickly inside of CNN as there was resistance from Turner and others. In late 1996, Edge moved to CNN in Atlanta and Lahr left to join the startup company VXtreme which was later purchsed by Microsoft and became what is now the Windows Media components within Windows. Dobbs made a last ditch attempt to keep Nils inside CNN by attempting to sue him claiming there were "important" and "unfinished" duties that required his attention at CNNfn. However the lawsuit was thrown out and Lahr was allowed to leave. Shortly after Dobbs quit CNNfn and as promised started his own company Space.com. A Camera Operator uses a camera to capture moving images in events and scenes. ... Apple Inc. ... A union (labor union in American English; trade union, sometimes trades union, in British English; either labour union or trade union in Canadian English) is a legal entity consisting of employees or workers having a common interest, such as all the assembly workers for one employer, or all the workers... Townsend is the name of some places in the United States of America: Townsend, Delaware Townsend (town), Massachusetts, a township Townsend (CDP), Massachusetts, a census-designated place Townsend, Montana Townsend, Tennessee Townsend, Wisconsin There are also Port Townsend, Washington and, with a slight difference in spelling: Townshend, Vermont Townsend is... Ticker (2001) is an action film, directed by Albert Pyun. ... This article does not cite any references or sources. ... VXtreme Inc. ... Layer 7 commonly refers to the Application layer in the seven-layer OSI model. ... A typical server farm. ... Netscape Communications Corporation was the publisher of the Netscape Navigator web browser as well as many other internet and intranet client and server software products. ... Lotus Software (called Lotus Development Corporation before its acquisition by IBM) is an American software company with its headquarters in Cambridge, Massachusetts. ... The Wall Street Journal is an influential international daily newspaper published in New York City, New York with an average daily circulation of 1,800,607 (2002). ... HTML, short for Hypertext Markup Language, is the predominant markup language for web pages. ... Lotus Domino is a IBM server product that provides e-mail and collaboration capabilities. ... Gartner, Inc. ... VXtreme Inc. ...


See also

The Cable News Network, commonly known as CNN, is a major cable television network founded in 1980 by Ted Turner. ... CNN Sports Illustrated (or CNN/SI for short) was a 24-hour venture of CNN and Sports Illustrated, launched with much fanfare December 12, 1996. ...

External links

  • CNN/Money
  • News article about the network's closing

  Results from FactBites:
 
CNNfn - Wikipedia, the free encyclopedia (1020 words)
CNNfn was a U.S. cable television news network operated by Time Warner from December 29, 1995 to December 15, 2004.
CNNfn claimed the joystick operator was a computer trained worker, not a camera operator, To make this happen, CNNfn worked closely with Avid Systems in creating some of their own first generation broadcasting solutions.
CNNfn was working closely with Netscape by also helping the write portions of their software which was incorporated into their 2.x product line.
CNN to shut down its CNNfn network - The Boston Globe (372 words)
CNNfn is available in only about 30 million of the nation's 110 million homes with televisions.
CNNfn turned a profit last year for the first time, Walton said, but the distribution growth predicted with digital cable has been slower than anticipated.
CNNfn is part of Time Warner Inc., while CNBC is owned by General Electic Co.
  More results at FactBites »

 
 

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