CNBC is an American basic cable, internet and satellite business news television channel that is owned by NBCUniversal News Group, a division of NBCUniversal, owned by Comcast.
Headquartered in Englewood Cliffs, New Jersey, the network primarily carries business day coverage of U. and international financial markets; following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.
Each edition of the program covers three stories; a mixture of profiles, investigative pieces and features.
The format of the show is structured similarly to HBO's Real Sports.
CNBC had its beginnings around 1980 as the Satellite Program Network (SPN), showing a low-budget mix of old movies, instructional and entertainment programs.
As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States. NBCUniversal is the owner, or a minority stakeholder, in many of these versions.
A rotating top band of the screen rotates provides real-time updates on index and commodity prices from world markets.
On October 13, 2014 - coincidentally the 11th anniversary of CNBC's relocation to its current facilities in Englewood Cliffs, NJ - CNBC switched to a full 16:9 letterbox presentation, in line with its Asian and European siblings (see "On-air presentation" below for more information).
Hosted by money manager Jim Cramer, the hour-long show gives stock advice to viewers who call to the program.
The show also has a popular segment called "The Lightning Round".