MSNBC Bought Out Newsvine.com

Published: October 8, 2007, 1:44 pm

Tags: conservatives amp amp republicans, libertarians, political groups, media business, online media, seattle post intelligencer, web 2 0

MSNBC, an increasingly left-leaning network, has bought out online news site Newsvine.com, the Seattle Post-Intelligencer's Web site reported Sunday evening.: MSNBC Interactive News, a Microsoft and NBC Universal joint venture with 27.3 million Web visitors in August, announced Sunday night that it has purchased Newsvine in a deal of undisclosed size. It is the first acquisition in MSNBC.com's 11-year history, one that President Charlie Tillinghast hopes will lead to additional news-sharing features on MSNBC and tap an audience of highly engaged news readers. Newsvine will continue to operate as a separate business unit and brand under the direction of Davidson, with the team remaining in its Seattle offices. Though Newsvine will operate autonomously, Tillinghast said MSNBC will benefit from technological innovations and community features that Newsvine brings to the table. Meanwhile, Davidson said Newsvine will use MSNBC's technological resources, advertising capabilities and

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