PSN, NBC Pitch Motion Video Private Financial Network To Institutional Investors

MARKET DATA & NEWS

Private Satellite Network Inc. and NBC Broadcasting Co. next month plan to launch Private Financial Network, a motion-video service delivered via satellite to users' PCs. Programming will include analysts' roundtables, interviews with CEOs and CFOs and standard NBC-owned CNBC/FNN shows, such as Market Wrap and Japan Business Today.

PSN is, in a sense, the place from which motion video for the financial industry first began. It was PSN's Institutional Research Network unit that was acquired by

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