Around the Net
NBCU Spent $195M To Buy Out MSNBC.com
- TV Newswer, Friday, February 22, 2013 11:01 AM
NBCUniversal spent $195 million to buy back the 50% of MSNBC.com that was owned by Microsoft, TV Newser reports, citing Comcast’s latest 10-K filing with the Securities and Exchange
Commission. “The purchase price means that Microsoft and NBCU valued MSNBC.com at around $500 million.” The deal, which was signed this past summer, saw NBCU take control of the site, and
redirect visitors to a new site called NBCNews.com.
