Sky News Business Channel
CountryAustralia
Programming
Language(s)English
Picture format576i (SDTV 16:9)
1080i (HDTV)
Ownership
OwnerAustralian News Channel
(News Corp Australia)
Sister channelsSky News Australia
Sky News Weather Channel
Sky News Extra
History
Launched7 January 2008; 14 years ago (7 January 2008)[1]
Closed29 September 2018[2]
Replaced byYour Money

Sky News Business Channel (also known as Sky News Money during primetime[3] and Sky News Real Estate on Saturdays[4]) was an Australian pay television business news channel, available nationally on the Foxtel subscription platform and via mobile through Foxtel Go.[5]

It was owned by Australian News Channel, which also owns news-focused sister channel Sky News Live.

History

Former Sky News Business logo
Former Sky News Business logo

Australian News Channel (ANC) announced it was to launch Australia's first national business channel in 2008, at the onset of the Global Financial Crisis. It was officially launched on 31 January 2008 at the Australian Securities Exchange.[6] Sky News Business would utilise and simulcast content from Fox Business Network in the United States.[7] In turn, Fox Business Network would air coverage from Sky News Business in order to provide Australian financial news coverage to American audiences.

The channel would also utilise the resources of the Sky UK Business News service in the UK, and Reuters Television.[8] At launch, it was claimed the channel will include 16 hours of locally produced content daily.[6]

James Daggar-Nickson is business editor and channel manager of Sky News Business.[9]

On 19 January 2016, the channel launched a high-definition simulcast feed.[10]

In June 2018, it was announced that ANC would enter into a joint venture with the Nine Network to create Your Money, a business news channel that replaced the Sky News Business Channel on Foxtel channel 601 and also be available free-to-air through Nine on channel 95 and on channel 85 in Darwin and Northern NSW and Gold Coast.[11][12] Sky News Business ceased broadcasting at 8:30 pm Eastern on 29 September 2018, ahead of its relaunch as Your Money at 6:00 am Eastern on 1 October 2018.[13][14] Promotional trailers for Your Money were shown on the channel during the long break time.

Programming

Sky News Business Channel consisted of live rolling coverage of and analysis of the ASX and international markets, finance and economic news and personal investment trends throughout the day on weekdays, with replays of analysis or specialty programs after 9:30pm AEST weeknights and all weekend.

Logo of Sky News Money programming block, which ran during primetime on weekdays
Logo of Sky News Money programming block, which ran during primetime on weekdays

From 6 July 2015, the channel ran a programming block titled Sky News Money between 6:30 pm and 6 am weeknights.[3]

Logo of Sky News Real Estate programming block, which ran on Saturdays.
Logo of Sky News Real Estate programming block, which ran on Saturdays.

From 2016, the channel ran another programming block titled Sky News Real Estate on Saturdays, broadcasting rolling coverage of live auctions, property advice and listings for six hours from 8:30 am Sydney time. Hosted by Sophie Hull and James Treble, the programming was produced in conjunction with REA Group (a fellow News Corp Australia company).[4]

Special programming

On 25 April 2015 the Sky News Business Channel aired an episode of American series 20/20 in simulcast with U.S. network ABC, featuring an interview with Caitlyn Jenner (then Bruce).[a][19]

Availability

Reception

Sky News Business Channel was Australia's only business and finance focused news channel. Foreign business news channels CNBC and Bloomberg Television are also available on the Foxtel platform.

Sky News Business reaches close to 268,000 different people on average each week, with 72% of viewers being male, 28% of Sky News Business viewers are people 40-54 and 38% aged 55–69.[20]

Bureaus

At launch, Sky News Business' studio was located within the Sky News centre at Foxtel's headquarters in the Sydney suburb of Macquarie Park. Sky News Business also used the resources of the Sky News network of bureaus and reporters across Australia and New Zealand.

At the start of 2018, the channel relocated its studios to the News Corp Australia headquarters. The new studio is subsequently used by the channel's successor, Your Money.

It was common for Sky News Business reporters to report from Exchange Square, within the headquarters of the Australian Securities Exchange for ASX updates, as well as outside the Reserve Bank of Australia in Martin Place, Sydney when news is expected from the Reserve Bank.

Third party crosses

Sky News Business has live camera links to Australia's major financial institutions. The channel features regular breaking news, commentary and analysis from leading Australian economists, fund managers, brokers and analysts at ANZ, National Australia Bank, Westpac and Commonwealth Bank.

Sky News Business also had live camera links to CommSec, Macquarie Bank, CMC Markets, Bell Direct, JPMorgan Chase, OzForex, and other financial institutions in which it has commercial arrangements.

Notable presenters

Current presenters

Former presenters

See also

Notes

  1. ^ Jenner changed her name due to gender transition in 2015.[18]

References

  1. ^ "The launch of the Sky News Business Channel". MediaWeek. 28 January 2008.
  2. ^ "[1]." mediaweek.com.au. Retrieved 25 August 2019. "Goodbye, Sky News Business: Pioneering channel to relaunch."
  3. ^ a b Knox, David (6 July 2015). "SKY News Business to become SKY News Money in primetime". TV Tonight. Retrieved 6 July 2015.
  4. ^ a b "Sky News and REA launch property TV show". The Real Estate Conversation. 3 February 2016. Archived from the original on 26 April 2016. Retrieved 26 April 2016.
  5. ^ "Foxtel Go - A New Way To Watch Foxtel on Mobile, PC And Tablet". Foxtel.com.au. Retrieved 5 January 2015.
  6. ^ a b Knox, David. "Sky Business on the air". TV Tonight. Retrieved 8 April 2015.
  7. ^ "Foxtel adds Business Channel". Tvtonight.com.au. Retrieved 5 January 2015.
  8. ^ "AUSTRALIA'S FIRST 24-HOUR BUSINESS CHANNEL TO LAUNCH IN EARLY 2008". Foxtel.com.au. Retrieved 5 January 2015.
  9. ^ "Vision for Innovation Online: making your business relevant". Australia-Israel Chamber of Commerce. 25 November 2014. Retrieved 8 April 2015.
  10. ^ "Sky News Business switches on HD - January 19 2016". Foxtel. 14 January 2016. Retrieved 15 January 2016.
  11. ^ Marsh, Stuart (24 June 2018). "Nine announces new 24-hour business channel with ANC". 9Finance. Nine Entertainment Co. Retrieved 8 August 2018.
  12. ^ Wallbank, Paul (25 June 2018). "Sky Business rebrands as Your Money in joint venture between News Corp and Nine". Mumbrella. Retrieved 8 August 2018.
  13. ^ "Foxtel channel changes". Foxtel Management Pty Limited. Retrieved 8 November 2018.
  14. ^ Knox, David (10 September 2018). "Your Money channel to launch on 1 October". TV Tonight. Retrieved 10 September 2018.
  15. ^ "The Perrett Report". Skynews.com.au. Retrieved 5 January 2015.
  16. ^ "Switzer". Skynews.com.au. Retrieved 5 January 2015.
  17. ^ "Your Money Your Call". Skynews.com.au. Retrieved 5 January 2015.
  18. ^ Buzz Bissinger (1 June 2015). "Introducing Caitlyn Jenner". Vanity Fair. Retrieved 1 June 2015.
  19. ^ Knox, David (24 April 2015). "Bruce Jenner: The Interview live on SKY News Business". TV Tonight. Retrieved 24 April 2015.
  20. ^ "Sky News Business Channel". Mcn.com.au. Retrieved 5 January 2015.
  21. ^ "Janine Perrett(New South Wales)". Australia Day. Retrieved 8 April 2015.