Microsoft, NBC dissolve MSNBC.com joint venture !

AP - Jul 15, 10:27 PM EDT

Microsoft, NBC dissolve MSNBC.com joint venture
The (in)famous MSNBC.com is now 100% owned by NBC, ending Microsoft's involvement of 16 years !!!

The MSNBC.com website already has apparently changed its name to NBCNews.com.

SAN FRANCISCO (AP) -- Microsoft is pulling out of the joint venture that owned MSNBC.com, freeing the world's largest software maker to build its own online news service.

The breakup announced late Sunday dissolves the final shreds of a 16-year marriage between Microsoft Corp. and NBC News, which is now owned by Comcast Corp. The relationship began to unwind in 2005 when Microsoft sold its stake in MSNBC's cable TV channel to NBC.

NBC is buying Microsoft's 50 percent interest in the MSNBC website for an undisclosed amount. MSNBC.com will be rebranded as NBCNews.com, and readers who logged into MSNBC.com late Sunday were automatically redirected to NBCNews.com.

A Microsoft news service ???

reply to post by xuenchen


Microsoft Media... huh. Wouldn't the acronym be "MSM"? I don't think that will go over too well with the ATS crowd.

Makes you wonder about Hillary Clintons plan to create a government ran 24 hours news service for propaganda directed at not just the American public but the world.

Main stream media in it's death throws. Good thing to see.

reply to post by xuenchen


Lots of this going around lately...

The parent company of Foxnews is in the process of reorganizing for a split into 2 separate companies.

It's official: News Corp. to split into 2 companies

NEW YORK (CNNMoney) -- News Corp. confirmed Thursday that it is planning to split into two publicly traded companies, with one company for its television and film assets and the other including its publishing entities.

News Corp. said that its board "authorized management to explore this separation" after a meeting on Wednesday.

The split would separate the 20th Century Fox film studio, Fox broadcast network and Fox News Channel from newspapers and book publishing.

reply to post by JBA2848


Got a source?

Or is this more gibberish?

Originally posted by The Sword
reply to post by JBA2848

 

Got a source?

Or is this more gibberish?

Malformed link...

Here is a good one -

Microsoft, NBC Call It Quits; Dissolve MSNBC.com

Microsoft is pulling out of the joint venture that owned MSNBC.com, freeing the world's largest software maker to build its own online news service.

The breakup announced late Sunday dissolves the final shreds of a 16-year marriage between Microsoft Corp. and NBC News, which is now owned by Comcast Corp. The relationship began to unwind in 2005 when Microsoft sold its stake in MSNBC's cable TV channel to NBC.

NBC is buying Microsoft's 50 percent interest in the MSNBC website for an undisclosed amount. The deal will result in MSNBC.com being rebranded as NBCNews.com.

The website will move its headquarters from Microsoft's corporate campus in Redmond, Wash., to NBC News' longtime home in New York.

The online divorce stemmed from the two partners' desire to gain greater control over their digital destinies as the Internet becomes an increasingly important part of their businesses.

The inherent constraints of being locked into a joint venture sometimes handcuffed Microsoft and NBC.

Microsoft, in particular, had grown frustrated by contract terms requiring it to exclusively feature MSNBC.com content on its own websites. That exasperation was exacerbated by the MSNBC cable channel's strategy to counter Fox News Channel's appeal to conservative viewers by tailoring its programming for an audience with a liberal viewpoint.

click link for remainder of article.

reply to post by Xcathdra


Thanks, I screwed up the OP link from AP.

Here is their latest --> Microsoft, NBC dissolve MSNBC.com joint venture