CNBC (officially the Consumer News and Business Channel until 1991) is a satellite and cable television business news channel in the U.S. , owned and operated by NBC Universal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers around the world. In 2007, the network was ranked as the 19th most valuable cable channel in the U.S. , worth roughly $4 billion.
CNBC Europe is a business and financial news television channel, the pan-European sister station of CNBC. The network is owned and operated by NBC Universal and headquartered in London, where it shares the Adrian Smith-designed 10 Fleet Place building with Dow Jones. As the most viewed pan-European financial TV channel according to the 2007 EMS survey, the broadcaster reaches over 100 million households across the continent.