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SBS Biz (formerly SBS CNBC) is a 24-hour business
news channel News broadcasting is the medium of broadcasting various news events and other information via television, radio, or the internet in the field of broadcast journalism. The content is usually either produced locally in a radio studio or televi ...
in
South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...
.


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%). After a partnership agreement with
CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk sh ...
(owned by
NBCUniversal NBCUniversal Media, LLC is an American multinational mass media and entertainment conglomerate corporation owned by Comcast and headquartered at 30 Rockefeller Plaza in Midtown Manhattan, New York City, United States. NBCUniversal is primaril ...
, a subsidiary of
Comcast Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),Before the AT&T merger in 2001, the parent company was Comcast Holdings Corporation. Comcast Holdings Corporation now refers to a subsidiary of Comcast Corpora ...
) which taken on October 22, 2009,CNBC and SBS (Seoul Broadcasting System) Announce Plans to Launch 24-hour Korean Business News Channel
CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk sh ...
, 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 High definition or HD may refer to: Visual technologies *HD DVD, discontinued optical disc format *HD Photo, former name for the JPEG XR image file format *HDV, format for recording high-definition video onto magnetic tape * HiDef, 24 frames-pe ...
. 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