Like The Herald Business Journal on Facebook!
The Herald of Everett, Washington
Heraldnet.com

The top local business stories in your email

Contact Us:

Josh O'Connor
Publisher
Phone: 425-339-3007
joconnor@heraldnet.com

Jody Knoblich
General Sales Manager
Phone: 425-339-3445
Fax: 425-339-3049
jknoblich@heraldnet.com

Jim Davis
Editor
Phone: 425-339-3097
jdavis@heraldnet.com

Site address:
1800 41st Street, S-300,
Everett, WA 98203

Mailing address:
P.O. Box 930
Everett, WA 98206

HBJ RSS feeds

NBC in talks to buy Microsoft stake in MSNBC.com

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon |  PRINTER-FRIENDLY  |  COMMENTS
Published:
Associated Press
LOS ANGELES -- NBC News is negotiating to buy Microsoft's portion of MSNBC.com, potentially severing a joint venture that begin nearly 17 years ago.
An NBC News spokeswoman said Wednesday by email that "conversations are taking place" but "there is no deal."
Microsoft declined to comment.
The deal would break up a venture first announced in 1995. Back then, Microsoft Corp. said it would invest $220 million for a 50 percent stake in the MSNBC cable channel and its website.
The TV partnership dissolved in 2005 and NBC acquired a majority stake. But the sides continued to share ownership of MSNBC.com, a popular news website headquartered on Microsoft's campus in Redmond.
Although the MSNBC TV channel has become known as a politically left-leaning counterpart to Fox News, the website offers more straightforward news from various sources.
Story tags » Internet & CloudMedia

MORE HBJ HEADLINES

CALENDAR

Share your comments: Log in using your HeraldNet account or your Facebook, Twitter or Disqus profile. Comments that violate the rules are subject to removal. Please see our terms of use. Please note that you must verify your email address for your comments to appear.

You are logged in using your HeraldNet ID. Click here to update your profile. | Log out.

Our new comment system is not supported in IE 7. Please upgrade your browser here.

comments powered by Disqus

Market roundup