Microsoft Corporation (NASDAQ:MSFT) has ended its partnership with NBC.
Microsoft NBC Breakup Details Revealed
Microsoft Corporation (NASDAQ:MSFT), the software giant, announced that it has parted company with NBC News, pulling out of their joint venture MSNBC to launch its own online news service.
Any user who opens up the MSNBC.com website will now automatically be redirected to NBCNews.com.
Bob Visse, general manager of MSN.com, said that, “Moving on “allows us to go out and innovate.MSN.com has begun hiring for a new news operation — as yet unnamed — that will launch later this year. If you start thinking about what we’re going to be doing in Windows and the Bing app and what we’re going to be doing… across multiple platforms, it makes a lot of sense for Comcast (NASDAQ:CMCSA). We’re talking about using technology and using data to solve information delivery and news delivery in new and innovative ways. It’s really difficult for us to do that when we have an exclusive, single-source relationship with one news provider.”
Microsoft Corp. (NASDAQ:MSFT) company shares are currently standing at 29.44.