Monday, April 6, 2009

CBS MoneyWatch Beta goes Live on BNET



If there's one thing that can make money during a financial downturn, it's reporting on it.

CBS in cooperation with BNET (part of CNET Networks which was acquired by CBS last year), has relaunched the financial website MoneyWatch.com.

Sporting a launch video featuring Katie Couric interviewing Treasury Secretary Timothy Geithner, the site is differentiating itself from other financial websites.

"The site blends the business and finance expertise of BNET, one of the leading Web sites in the category, with the information powerhouse that is CBS News. Unlike most financial Web sites, which focus on stock picking or market news, CBS News MoneyWatch.com aims to help you make better decisions in every area where your money and your life intersect." was part of the introduction received from CBS News Editor-in-Chief Eric Schurenberg and CBS News MoneyWatch.com Product Director Mike Morello earlier today.

Our reaction - For now, they've got a clean and easy-to-navigate layout with excellent start-up content.  It looks like there will be a place in the increasingly crowded online financial field for yet another player.

You can check out the launch of CBS MoneyWatch 'Beta' at BNET here.

Updated 10:28 PM ET Apr 6, 2009