CNBC, Yahoo! Finance in Global Video Content Distribution Deal

ENGLEWOOD CLIFFS/SUNNYVALE/SINGAPORE, December 12: The
business news network CNBC has agreed to distribute video clips from its global
television networks as well as articles from its online portal to the Yahoo!
Finance website.

The deal marks CNBC’s first global online alliance, and
Yahoo!’s first global finance video agreement. Under the terms of the
agreement, CNBC will provide video clips from CNBC, CNBC Europe, CNBC Asia and
articles from CNBC.com. Located at finance.yahoo.com, the content will be
available to Yahoo! Finance users in the U.S., and will also be available to
Yahoo!’s 21 international financial news sites. The video clips will encompass
commentary and analysis of the day’s top business stories, pre-market opening
buzz, interviews, investing and stock-picking segments from CNBC programs such
as Mad Money w/Jim Cramer and Fast
Money and international market news and
analysis from CNBC Europe and CNBC Asia.

“This agreement brings together two global market leaders to
meet the growing demand for online business and financial information,” said
Mark Hoffman, CNBC’s president. “This alliance draws on the strength of CNBC’s
global assets and expands the reach of our unparalleled content to Yahoo!
Finance’s worldwide user base. It reaffirms our commitment to providing fast,
accurate, actionable and unbiased information to our audience.”

“In an increasingly globalized economy, it’s essential that
Yahoo! Finance offer investors news from the major global financial markets,”
said Scott Moore, the senior VP and head of media at Yahoo! “The addition of
CNBC video content will help Yahoo! Finance users from around the world make
more informed financial decisions.”

—By Irene Lew