updated 12/4/2006 5:04:59 PM ET 2006-12-04T22:04:59

CNBC relaunched its Web site Monday with more video and newsmaker interviews as the financial news cable channel formally ended a five-year agreement with Microsoft Corp.’s MSN Money.

CNBC ran its own Web site from 1998 to 2001, when it began providing content to Microsoft’s MSN portal.

The relaunched CNBC.com carries several new features, including Web-specific video clips and market updates, video from news events and interviews with CEOs and other newsmakers.

Customers paying fees of $9.95 per month also have access to premium features including archived video and live feeds from CNBC channels in the U.S., Europe and Asia.

Mark Hoffman, CNBC’s president, said the network has hired an additional 55 people to work on the Web site, but he declined to disclose how much money was being invested in the online expansion.

Hoffman said CNBC’s licensing agreement with Microsoft’s MSN Money expired at the end of the second quarter this year and the two decided to go their separate ways.

CNBC is part of NBC Universal, a unit of General Electric Co. (MSNBC.com is a Microsoft-NBC Universal joint venture.)

Copyright 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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