Sky News, Foxtel and Austar have announced plans to launch Australia’s first dedicated business channel.
Sky Business Channel is set to launch early next year and will be produced from a dedicated business news studio at the Sky News digital centre in Sydney. It will also have a bureau in the Sydney CBD and Melbourne.
The channel will provide breaking news, commentary, and analysis from both the Australian and international markets. It will deliver a minimum of 16 hours a day of Australian-made programming, and will feature a live on-screen ASX ticker and plans are underway to add an interactive multi-screen business application similar to that used by Sky News.
Content will also be taken from the US Fox Business Network, BSkyB business news service in the UK, and Reuters Television.
Angelos Frangopoulos, CEO of Australian News Channel, the owner and operator of Sky News said: “The Business Channel is a major advance for business journalism in Australia. It will be made in Australia, by Australians, for Australians, while maintaining a focus on our region and the world.”
She added: “Our new channel will build on our existing stable of business programming which we have been constantly developing and expanding to deliver consumers fresh, relevant, understandable news about the business that matters to them. We will cover business in all its forms from the professional markets to personal finance.”