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 began as lead reporter at Technical.ly Philly in July 2012. Previously, she was a city services beat reporter for the Philadelphia Daily News, as part of a project called “It’s Our Money.” She is learning to drive, learning to bike (in the city) but is an expert at taking SEPTA. She grew up in North Jersey and Manila, Philippines but she left the tropics for Bryn Mawr College, where she majored in linguistics. She now lives in West Philly.

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