CNBC is a privately owned company headquartered in the United States, operating as a subsidiary of NBCUniversal News Group. Founded in 1989, it employs approximately 2600 individuals and reported $7.2M in revenue as of 2023, functioning as a tier 2 media tech buyer. The company specializes in broadcast television and radio, providing business news in the United States and Canada.
On September 18, 2026, CNBC hired Ian Moore as Vice President of Subscriptions and Tom Mahar as Vice President of Strategic Partnerships, appointing two executives to expand the business news organization's subscription operations and develop new commercial relationships. Moore previously served as general manager of subscription growth and revenue operations at Business Insider, having logged stints at Verizon Media and The New York Times Co. Earlier the same day, CNBC appointed Megan Morrone as its technology editor, based in the San Francisco bureau, to lead technology coverage as artificial intelligence increasingly shapes business and markets. Morrone joins CNBC from Axios, where she was technology editor, managing its technology team and overseeing coverage of artificial intelligence, including editing its daily AI newsletter.
CNBC currently holds 21 broadcasting rights for sports competitions including horse racing, gymnastics, athletics, cycling, multi-sport, sports sublicensing, sailing, marathon and motorsports.