NBC May Buy Microsoft's Share of MSNBC.com
Move would end long online partnership at popular website
By Newser Editors and Wire Services
Posted Jul 11, 2012 6:12 PM CDT
A screen shot of the MSNBC.com website.   (MSNBC.com)

(Newser) – NBC News is negotiating to buy Microsoft's portion of MSNBC.com, potentially severing a joint venture that began nearly 17 years ago. An NBC News spokeswoman said by email that "conversations are taking place," but "there is no deal." Microsoft declined to comment. (At the Daily Beast, Howard Kurtz writes that an announcement is imminent and that MSNBC.com will be rebranded as NBCNews.com.)

The deal would break up a venture first announced in 1995. Back then, Microsoft said it would invest $220 million for a 50% 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. Although the MSNBC TV channel has become known as a left-leaning counterpart to Fox News, the website offers more straightforward news from various sources.

Copyright 2016 Newser, LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

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Showing 3 of 3 comments
Ucantusethatname
Jul 12, 2012 10:12 AM CDT
You are kidding? MSNBC offers more straightforward news from various sources? The "hosts" on this media outlet are almost all left-wing wackos. Straight news? Not from Mac Cow. Nor from Al Sharpton or Shultz or Lawrence. The only saving grace for this station was Dylan Ratigan--and he left the network a couple of weeks. Chris Mathews always demonstrates a keen political mind. Oh that he would stop his hero worship of a president who does not deserve such admiration.
Fondue
Jul 11, 2012 8:02 PM CDT
Exciting!
polarbearme
Jul 11, 2012 6:18 PM CDT
Microsoft is such an empty vessel that the next thing they'll try to sell are Steve Balmer's underpants.