The New York Times and business news network CNBC have reached an agreement to share content on their web sites, writes Richard Perez-Pena of the Times.
Perez-Pena wrote, “The deal, which takes effect Monday, 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.
“‘We have agreed to be each other’s primary partners on the Web, which will strengthen both,’ said Vivian Schiller, senior vice president and general manager of nytimes.com
“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.”
Read more here.
