AOL, CNBC Cut Web Video Pact

AOL has tapped CNBC to provide daily video content to its recently expanded AOL Money & Finance site.

Finance junkies and amateur investors will now be able to access clips from CNBC’s Web and TV offerings on AOL Money & Finance’s video section, as well as within AOL Video and the company’s video search engine Advertisers will also be able to run single campaigns across AOL’ and CNBC’s properties as part of the new arrangement.

CNBC, which relaunched its own site back in 2006 with an emphasis on original video, continues to build upon its Web presence through various licensing deals. The company already distributes content to Yahoo Finance and MSN Money.