Comcast and NBC buy MSNBC.com for $300 million [Comcast Roundup] - Technical.ly Philly

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Jul. 19, 2012 8:30 am

Comcast and NBC buy MSNBC.com for $300 million [Comcast Roundup]

Every Thursday morning at 8:30 a.m. EST, find all the stories you need to know about your friendly telecommunications giant in the Comcast Roundup. Get an email subscription for our weekly Comcast roundup or other news updates. Comcast takes over MSNBC.com; content will reflect cable channel MSNBC  [Philadelphia Inquirer] “Comcast and NBC bought out Microsoft’s 50 percent stake in MSNBC.com for a […]

Every Thursday morning at 8:30 a.m. EST, find all the stories you need to know about your friendly telecommunications giant in the Comcast Roundup. Get an email subscription for our weekly Comcast roundup or other news updates.

  • Comcast takes over MSNBC.com; content will reflect cable channel MSNBC  [Philadelphia Inquirer] “Comcast and NBC bought out Microsoft’s 50 percent stake in MSNBC.com for a reported $300 million late last week. Readers logging on to MSNBC.com on Monday were redirected to NBCNews.com, a new website. NBC officials would not comment on the financial terms of buying out their 16-year partner in the venture. … In financial terms, this was a minor transaction for Comcast, which has a stock-market capitalization of about $85 billion.”

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Juliana Reyes

Juliana Reyes has been covering the Philadelphia tech scene since 2012. She's co-president of the Asian American Journalists Association Philadelphia chapter and a two-time Philadelphia News Award winner for "Community Reporting of the Year." The Bryn Mawr College grad lives in West Philly, likes her food spicy and wears jumpsuits often.

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