Friday, December 23, 2005

MS Begins Exit of MSNBC Partnership

Ed Oswald writes in BetaNews:

Microsoft continued to quietly back away from its partnership with NBC Universal for MSNBC Friday. The two companies announced that NBC had acquired a controlling interest in the cable channel, and has the ability to exercise an option that would allow it to buy the entire channel in 2007.

Steve Capus, president of NBC News, said the deal would allow the company to further integrate the cable channel into the news business. However, he did not elaborate on what exactly that would entail.

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