Twitter to live stream Bloomberg's financial news

| Wednesday, July 13, 2016 - 12:15
First Published |
Twitter, Bloomberg, financial news, live stream

The two companies will share the ad revenue

New York: The micro-blogging website Twitter and Bloomberg Media have signed a deal to live stream several media company's TV news shows on Twitter platform.

The partnership includes streaming rights shows like "Bloomberg West", "What'd You Miss?" and "With All Due Respect", along with the network's daily stock market coverage.

Although the amount of the deal was not disclosed, the two companies will share the ad revenue, technology website Tech Crunch reported on Wednesday.

(Also Read: Twitter signs deal with CBS to livestream Democratic, Republican conventions)

"Partnering with Bloomberg will give people on Twitter the best way to see live financial markets performance combined with the live commentary on the underlying drivers and implications," said Anthony Noto, Twitter's Chief Financial Officer, said in a statement.

"Twitter is one of the fastest ways to find out what's happening in global business and financial markets, and to engage in the live commentary about it," Noto added.

Twitter is on a spree to sign agreements across the spectrum to revive its fortunes.

Twitter signed a deal this week with the US television network CBS to stream both the Democratic and Republican National Conventions scheduled later this month.

It now has permission to broadcast the CBSN feed -- the company's 24-hour digital news streaming service -- and anyone online can watch for free even if they do not have a Twitter account, Re/Code reported.

It is known that Twitter will make money from advertising when it will stream 10 NFL games later this year and CBS is a partner for those games too.

Last week, Twitter streamed live Wimbledon coverage.

Twitter is also in talks with the NBA, Major League Soccer (MLS) and Turner for more streaming rights.

Download English News App and stay updated with all Latest News.
For News in English, follow us on Google+, Twitter and on Facebook.

Add new comment

This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.