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Washington Post picks up Slate from Microsoft
December 21, 2004 -
MSNBC steps into classifieds
August 16, 2004
Microsoft and NBC, joint owners of the network and its companion news portal, are in "advanced discussions" over the sale of the software giant's stake to NBC, according to The New York Post.
Under the potential deal, NBC would take sole control of the news company, with Microsoft having rights to use some of its online news content, according to the paper.
Microsoft's involvement in the venture, which cost it an initial investment of about $250 million, has never seen the hoped-for returns. The channel, which was created in 1996, saw its first quarterly profit last year.
Should Microsoft shed its involvement in the news venture, it wouldn't be the first time the software giant has distanced itself from a content provider. Last year, the company sold its Slate online publication to the Washington Post Co. It also previously sold its 70 percent stake in travel company Expedia.
Microsoft did not respond to requests for comment.
Jo Best of Silicon.com reported from London.
See more CNET content tagged:
stake, General Electric Co., Microsoft Corp.






- Let's hope so. The site is Wintel only.
- by technewsjunkie March 6, 2005 6:58 PM PST
- I'm a big fan of CNBC (I mean MSnbc) TV.<br />When MS bought them the CNBC website changed. <br />The video content was Windows Media only, no longer Real or <br />Quicktime. My browser would no longer work. The links became <br />predominantly MS related.<br /><br />The kicker was that MS, a convicted monopolist, is tying up one <br />of the most popular financial websites with proprietary <br />technologies. Boooo!
- Like this Reply to this comment
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- Nevermind. Wrong website. Ugh.
- by technewsjunkie March 6, 2005 7:04 PM PST
- Sorry.
- Like this
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(10 Comments)