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NBC may buy Microsofts MSNBC.com stake
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(Reuters) - NBCUniversal is in talks to buy out Microsoft Corp's 50 percent stake in joint venture MSNBC.com, media reports said. NBCU parent Comcast Corp is conducting due diligence and the partnership with NBC News could be unwound by this summer, said Adweek, which first reported the talks. "Discussions are taking place," Amy Lynn, director of communications at NBC News, told the Wall Street Journal. The companies are likely to negotiate a deal ensuring that MSNBC.com secures real estate on MSN.com, similar to the treatment Fox Sports receives, Adweek said. ...
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Real Estate: Business: NBC may buy Microsofts MSNBC.com stake
Date Listed : Friday, May 25, 2012
Source : Yahoo! News: Business, Business; Copyright (c) 2005 Yahoo! Inc. All rights reserved.
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