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NBCU bought back MSNBC.com for almost $200 million
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The following comments relate to this news article:

NBCU bought back MSNBC.com for almost $200 million

article published on 22 February, 2013

Thanks to Comcast's recent earnings report, we can see that NBCU had to spend $195 million to buy back that half of MSNBC.com that it didn't own. The "M" in MSNBC was for owner Microsoft, and the site was rebranded to NBCNews.com after the purchase. In the filing, the company says the final purchase price was $195 million, "net of $100 million of cash and cash equivalents held at MSNBC.com ... [ read the full article ]

Please read the original article before posting your comments.
Posted Message
eljay
Newbie
_ 		22. February 2013 @ 21:38 _ Link to this message    Send private message to this user   
If just the "M" was for Microsoft, what was the "S" for? ;-)
[ + quote]
ddp
Moderator
_ 		22. February 2013 @ 22:14 _ Link to this message    Send private message to this user   
should be "MS" for microsoft not "M".
[ + quote]
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