, which has been providing investment data and editorial content to Microsoft's
MSN Money Web site for more than a decade, has deepened its relationship with the Redmond, Washington-based technology giant. Officials from the two firms on Thursday morning announced an agreement to offer streaming video segments from Morningstar stock and fund analysts on MSN Money. Chicago-based Morningstar will be providing stock and fund video reports, analyst commentary and mutual fund manager interviews on the Web portal.
REDMOND, Wash., Nov. 15 /PRNewswire-FirstCall/ -- Morningstar Inc., a leading provider of independent investment research, and Microsoft Corp., a worldwide leader in software, services and solutions, today announced that they have entered into an agreement to offer streaming video segments from Morningstar stock and fund analysts on MSN Money.
Morningstar is providing stock and fund video reports, analyst commentary on news events, and mutual fund manager interviews on the MSN Money Web site. MSN is the first media portal to license Morningstar's video content, which can be accessed at http://money.msn.com/video. The addition of Morningstar's video content to the growing collection of multimedia available on MSN Money enables users to access up-to-date information, analysis and tools as well as helpful segments from MSN editors.
"For more than a decade, Morningstar has been providing investment data and editorial content to MSN Money in the United States and international markets," said Joe Mansueto, chairman and chief executive officer of Morningstar. "The addition of video content is a natural extension of our relationship and allows us to further leverage the knowledge and rigor of our stock and fund analyst team. With more than 12 million unique viewers monthly, the MSN Money Web site allows us to bring our practical insights and unique long-term approach to investment analysis to a broad audience of investors."
"The collaboration with Morningstar enhances the array of financial tools available on MSN Money that enable users to make smarter financial decisions," said Jeff Dossett, executive producer and general manager of MSN at Microsoft. "Morningstar has some of the most respected and insightful analysts around. We are delighted to add their top-notch video content to our expanding collection of streaming video on MSN Money because it is consistent with our goal of providing users with the best personal finance and investing content available today."
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in the United States and in major international markets. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 260,000 investment offerings, including stocks, mutual funds, and similar vehicles. The company has operations in 18 countries and minority ownership positions in companies based in three other countries.
About MSN Money
MSN Money is a premier online financial resource, providing great original editorial content plus the tools and community to empower investors and engage spenders and savers. Taxpayers can find helpful tax tips, checklists, a tax estimator and the Deduction Finder to help them make informed decisions about filing. MSN Money also helps users stay informed with in-depth and up-to-the-minute data, investment recommendations, valuable tracking tools and opportunities to connect with other active investors to make smart financial decisions. MSN Money is located on the Web at http://www.money.msn.com.
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Armie Margaret Lee
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