Time Warner Cable's NY1 is going onto the floor of the New York Stock Exchange.
This Monday, April 12, at 6:12 am, the news channel will launch From the Floor, a new segment with live business reports and stock updates from its new studio on the floor of the NYSE, the world's leading stock exchange and a unit of Euronext.
Each business day From the Floor will present hourly news and market updates with anchors Annika Pergament and Diane King. The 24-hour news channel said it will be the only local New York television station with a unit permanently stationed at the NYSE, located at 11 Wall St. in lower Manhattan.
From the Floor reports will start at 6 a.m. and continue past the 4 p.m. closing bell. There will be interviews with analysts and business executives and coverage of the business world with emphasis on its impact in the New York area.
"New York is the epicenter of business so it makes sense for NY1 to be present at the NYSE. Now our viewers can get their business news as it changes. It's an immediate connection to the NYSE trading floor and the latest market news," Steve Paulus, regional VP and general manager for NY1 News, said in a release.
Nightly wrapups will be at 8 and 11 p.m.
Pergamentis a former Fortune Business anchor who has more than a decade covering business news.
Newly hired King is a former CNN freelance reporter and contributing business anchor and reporter for Reuters.
The new business producer Erin Dresch previously worked in production at "Fox Business Dayside."
"By reporting from the NYSE trading floor, NY1 is giving its viewers a unique perspective on business and markets," Rich Adamonis, senior VP of communications at NYSE Euronext, said in the release. "This development speaks well of NY1's commitment to financial news and of New York's leadership in global finance. We welcome the NY1 team to the NYSE and look forward to a long and productive relationship."
"This local connection to the NYSE trading floor adds another valued dimension to NY1's coverage," Ken Fitzpatrick, president, business services for TWC's New York City Region, said in the release. "It was exciting to partner with NY1, leveraging our sophisticated network and technology resources to make this vision a reality," he continued. "And the best news for our Business Class customers is that they will have access to relevant local business news."
Later this year, reports will be distributed to all Time Warner Cable news channels throughout New York State (Albany, Syracuse, Rochester, Binghamton, and Buffalo) and Austin, Texas and North Carolina.
NY1 News is available to more than 2.5 million subscribers on TWC and Cablevision Systems (in Brooklyn and the Bronx).
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