CNBC's New Online Strategy: Partner With LinkedIn

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erin_burnett_025.jpgWe've seen TV news networks make quite a few forays into social networking. Conspicuously left out have been CNBC and LinkedIn, but today they're announcing a partnership that actually makes some sense.

LinkedIn is the social network for careerists: everyone's resume on the Web. Presumably a larger percentage of LinkedIn's 27 million users are interested in business news than, say, Facebook, MySpace or Bebo users, and the two share higher-income demographics. Under the terms of the deal, CNBC will provide news to the network, and tap the LinkedIn community to develop content for TV such as polls, surveys, etc.

In addition, CNBC will integrate LinkedIn functionality into its Web site. That's probably a bigger deal for CNBC than LinkedIn, given the site reaches just 3.2 million people a month, according to Quantcast, but the availablility of business information, stock quotes and headlines on LinkedIn can't hurt, either. CNBC will add another source of news for LinkedIn users; the network added headlines from the NY Times in July.

See Also:
The New York Times Gets LinkedIn: Targeted Headlines And Ads
Fox Biz Slams CNBC For Covering Olympics Instead Of Biz

Tiny Fox Biz Close To CNBC - On A Friday Night, In The Summer
CNBC: Fox Biz Isn't Hurting Us, Yet
Thomson Reuters New Channel Won't "Challenge" CNBC

 

 

 



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5 Comments

Jonathan Marcus (URL) said:
What's the point though Michael? Everything has an opportunity cost (and LinkedIn doesnt have APIs). Anyone using LinkedIn is sophisticated enough to be getting their business news elsewhere. LinkedIn has so much potential - and Reid Hoffman is known for product strategy; there must be a list of 5 - 10 more proprietary means of increasing site engagement (which Im sure is the problem for LinkedIn).

shawn (URL) said:
WoW! CNBC now partnering with LinkedIn? That sounds like alot of gUaP is going to be made. Maybe I should sign into my linked in Profile and update it..:-)


www.Drewryonline.net

pasan said:
This isn't worth the paper it was written on.

Scott G said:
LinkedIn does nothing for me unless I need to update my resume. Why would I go there to get my news?

John Smith said:
The premier seller of air jordans and buy jordans and information on acne.

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