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Comcast Pays Microsoft Reported $300 Million Own All of MSNBC.com

Microsoft is out of MSNBC.com partnership

Jul 16 2012, 12:00pm CDT | by

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Comcast Pays Microsoft Reported $300 Million Own All of MSNBC.com
 
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Comcast Pays Microsoft Reported $300 Million Own All of MSNBC.com

Details are not official, but Comcast has purchased Microsoft's 50% stake in MSNBC.com. MSNBC.com was founded in the mid-90s was one of the first major corporate websites online in the news market. While terms haven't been officially announced, sources close to the deal claim Comcast paid Microsoft $300 million for its 50% share.

As of now, MSNBC.com redirects to NBCnews.com it will continue to do so for the foreseeable future. Eventually, MSNBC.com will go to a website that is the online portal for the MSNBC TV station.

 

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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