Are NBC and Microsoft Calling it Quits?
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Comcast’s (NASDAQ:CMCSA) NBC News teamed up with Microsoft in 1996 to launch a cable news channel and web-based news operation back when the Internet was still a budding technology. Now, sources say that the deal could be unwound by the summer.
According to reports by Adweek, the deal will likely include securing space for MSNBC.com on MSN.com.
MSNBC and MSNBC.com now operate as separate entities, with Microsoft having no stake in the cable network. In the past few years, MSNBC has become more focused on liberal programming with shows centered around commentators such as Chris Matthews and Rachel Maddow. The website on the other hand, focuses on more impartial news reporting and acts as a main news outlet for NBC.
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