CNNfn relaunched its financial-news Web site as CNNMoney.com Monday, months before the network
itself is expected to take the new CNN Money moniker.
In February, AOL Time Warner Inc. announced that the long-struggling CNNfn
cable channel would be renamed CNN Money by the end of 2001.
The rebranded network -- which would draw upon the resources of Time Inc.'s
Money magazine and gain more distribution on Time Warner Cable systems --
was one of several corporate synergies AOL Time Warner said would result from
Following a shakeup in Cable News Network management, the relaunch of the
cable channel was delayed until next year. A CNNfn spokeswoman said the new
channel will now bow during the first or second quarter of 2002.
'CNNMoney is a wonderful example of how AOL Time Warner's wide-ranging
resources can benefit consumers,' CNN business-news executive vice president Ken
Jautz said in a prepared statement.
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