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January 28, 2008 8:49 AM PST

NBC division acquires Web video site LX.tv

by Caroline McCarthy
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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 Joseph Varet (it was originally known as Code.tv), features high-quality production and professional anchors--many of whom are MTV Networks veterans themselves. Geared toward young professionals with a taste for luxury and a good dose of social energy, recent LX.tv videos have featured interviews with the founders of the Zagat Survey, the growing "small plates" phenomenon at New York restaurants, and a tour of a new martial-arts studio.

With the acquisition, Hertzan's new title at NBC Local Media is now senior vice president and general manager; Varet will remain on board as a consultant.

Caroline McCarthy, a CNET News staff writer, is a downtown Manhattanite happily addicted to social-media tools and restaurant blogs. Her pre-CNET resume includes interning at an IT security firm and brewing cappuccinos. E-mail Caroline.
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About The Social

CNET News' Caroline McCarthy is a downtown Manhattanite who believes that, despite popular opinion, the Web can actually help your social life. She's happily addicted to fun social-media tools from Twitter to Yelp to Facebook, sends an inordinate number of text messages, and has a tendency to waste time at the office reading restaurant blogs. Here, she explores all facets of the Web's gregarious side, as well as the unique tech culture in her home city of New York. (Don't call it Silicon Alley.)

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