Microsoft Leaving MSNBC TV Partnership
The New York Times is reporting that Microsoft and NBC have announced that they will be dissolving their joint cable TV news channel, MSNBC, with NBC retaining control. From the article: “NBC has completed a deal to assume majority control of the channel immediately, with an 82 percent stake, and it will become the sole owner within two years, NBC executives said yesterday. The two companies did not disclose financial terms of the deal. But the partners will continue their 50-50 ownership of the MSNBC Web site, which, partly as a consequence of its affiliation with Microsoft, is the most-used news site on the Internet.”