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 7, 2026, CNBC closed its Hong Kong office and canceled multiple daily programs, citing a broader restructuring of its international programming and production operations. The network confirmed that its editorial coverage of Hong Kong and the wider region would persist through its existing regional reporting network. This development followed reports on September 4 that CNBC, owned by Versant Media Group, was withdrawing from Hong Kong, with its local office closing and several daily shows, including "Inside India," "The China Connection," and "Europe Early Edition," being axed. "CNBC Meets" and "Built for Billions" were also reportedly slated for termination. Previously, on September 3, the company's executive management communicated its decision to staff via an internal memo, detailing the closure of the Hong Kong office and the discontinuation of several flagship international daily shows as part of a major operational overhaul across its Asia and Europe segments.
CNBC currently holds 21 broadcasting rights for sports competitions including multi-sport, marathon, motorsports, sports sublicensing, horse racing, cycling, sailing, athletics and gymnastics.
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