Stake of Microsoft in MSNBC.COM acquired by Comcast

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This topic contains 1 reply, has 1 voice, and was last updated by  gigjets 7 years, 4 months ago.

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  • #2268

    Rajiv Gupta

    AS per the latest reports, Comcast buys out the complete stake of Microsoft in the news website MSNBC.COM for a price of around 300 million $.

    After acquiring Microsoft’s stake in the website, Comcast changed the domain name of the new website from MSNBC.COM to NBCNEWS.COM.

    Microsoft and Comcast had started a joint venture in both cable and news website business. Microsoft after exit out from the cable business but retains 50% stake in the news website.

    #2284

    gigjets

    that is definitely one helluva of a sale.
    Is the domain also included in the deal?

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