New York Times and CNBC to Share Material on Websites

Jan 08, 2008

CNBC and The New York Times have agreed to share content on their websites, uniting the main competitive targets of the News Corporation's new ventures, the Fox Business Network, and The Wall Street Journal. The deal, which has taken effect, will mostly involve posting Times articles and other written material on CNBC's site, and CNBC video on the Times site, the two companies said. No money will change hands. The agreement deepens an existing relationship between the NBC Universal division of General Electric and The Times. MSNBC and NBC already have a web content-sharing arrangement with the newspaper. The Journal has an agreement through 2012 that provides for its reporters to appear on CNBC and limits their appearances on other channels.