SBS Biz (formerly SBS CNBC) is a 24-hour business
news channel in
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t ...
.
History
On August 13, 2009,
SBS took over all stocks of a sports TV channel Xports, which were shared by
CJ Media (70%) and
IB Sports (30%). The network had the rights to MLB in 2003 and 2004. After a partnership agreement with
CNBC (owned by
NBCUniversal, a subsidiary of
Comcast) which was taken on October 22, 2009,
CNBC and SBS (Seoul Broadcasting System) Announce Plans to Launch 24-hour Korean Business News Channel
CNBC, Retrieved on December 28, 2009 Xports was shut down and replaced by SBS CNBC on December 28, 2009. Most of its programme are being made in high definition. On January 1, 2021, SBS ended a partnership with CNBC and rebranded as SBS Biz.
See also
* SBS
References
External links
*
Biz
24-hour television news channels in South Korea
Korean-language television stations
Television channels and stations established in 2009
Business-related television channels
{{SouthKorea-company-stub