NBC division acquires Web video site LX.tv
NBC's Local Media Division has acquired LX Networks, a New York-based start-up that produces videos for the Web about high-end entertainment and culture centered around New York and Los Angeles. Financial terms were not disclosed.
It's not like we couldn't have seen this coming. NBC's New York affiliate, WNBC, has been broadcasting a limited number of LX.tv videos--namely its "OpenHouseNYC" real-estate series, and the "1st Look" restaurant and bar preview show--since last January.
LX's slick LX.tv "channel," founded in 2006 by former MTV executives Morgan Hertzan and … Read more