Microsoft Parting Ways With MSNBC

KRSOne

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Dec 8, 2011
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SAN FRANCISCO -- Microsoft is leaving the joint venture that owned MSNBC.com, freeing the world's largest software maker to build its own online news service.

The breakup announced late yesterday dissolves the final shreds of a 16-year marriage between
Microsoft Corp. and NBC News, now owned by Comcast Corp. The relationship began to unwind in 2005 when Microsoft sold its stake in MSNBC's cable TV channel to NBC.

NBC is buying Microsoft's 50 percent interest in the website for an undisclosed amount. MSNBC.com will be rebranded as NBCNews.com. Microsoft initially invested $220 million in the MSNBC joint venture.
If they didn't get tax payer dollars to be the white house mouth piece, I don't know how they could stay on the air.