Launched 30 November 1992 Country Germany Owner RTL Group Headquarters Cologne | Owned by RTL Group Language German Founded 1992 | |
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Picture format 16:9 576i (SDTV)
1080i (HDTV) Slogan Der Nachrichtensender (The News Channel) Motto Der Nachrichtensender (The News Channel) Profiles | ||
Media aktuell tv business kompakt n tv kerling international haarfabrik gmbh
n-tv is a German television news channel owned by the Bertelsmann Media's RTL Group. n-tv broadcasts news and weather every hour and half-hour in the morning. At other times it broadcasts magazine shows and documentaries.
Contents
History
n-tv began as a business development project at Time-Warner International which, under the leadership of then chairman Steve Ross, was looking for ways to grow its businesses internationally. Time-Warner at the time was a major shareholder in Turner Broadcasting, parent company of CNN (both now subsidiaries of Time-Warner) and began looking for ways to get into the news channel business internationally. In 1991, under the direction of Tom McGrath, the then-president of Time-Warner International Broadcasting, the company developed a strategy for Austria, Germany and the German-speaking territories of Switzerland.
One of McGrath's pet projects was a German language 24-hour news channel. McGrath secured the last available transponder on the Kopernikus satellite and secured several terrestrial television licenses for transmission of what would become n-tv. McGrath then recruited several German companies as partners including the Otto Group, APAX Partners and recruited Karl Kuhlo, an experienced German broadcaster as the CEO.
The station started broadcasting in November 1992, headquartered in Berlin. In doing so, it became the first German-language news channel. In 1994 CNN bought 27,5% of the company, and later increased its share to 50%.
In 2004 the station's headquarters were moved to Cologne, where other RTL stations are based.
RTL took full control of n-tv in 2006, having acquired half the company in 2002.
Wall Street coverage
Several correspondents report live from the floor of the New York Stock Exchange, the NASDAQ and the New York Mercantile Exchange, including Jens Korte, Lars Halter and Markus Koch.