Wednesday, April 19, 2006

NBC, Affiliates Form Video Joint Venture: Financial News - Yahoo! Finance

"NBC Universal and its 213 affiliate stations have formed a joint venture to sell news, lifestyle, sports, weather and other video generated by local stations, it was announced Wednesday.

The new company, tentatively called National Broadband Co., is intended to give NBC stations access to millions of dollars in advertising migrating from traditional TV to the Internet."

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