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Jan 7, 2008

Times and CNBC share Web site material

CNBC and The New York Times agreed to share material on their Web sites, uniting the main competitive targets of the News Corp's new ventures, the Fox Business Network and The Wall Street Journal, according to the newspaper's reports.
The deal starts Monday when The New York Times articles and other written material will be posted on CNBC’s site, and CNBC video on the Times site. 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.
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