CNBC.com Partners with NYTimes.com

CNBC and The New York Times have agreed to share material on their Web sites, uniting the main competitive targets of the News Corporation’s new ventures, the Fox Business Network and The Wall Street Journal. 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. 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 News Corporation, led by Rupert Murdoch, has recently taken two big, related gambles in the United States on business news, starting its own business channel in October and buying Dow Jones & Company, the publisher of The Journal, a deal that closed last month
http://www.nytimes.com/2008/01/07/business/media/07paper.html?ex=1357362000&en=84e115592d6fcb3e&ei=5088&partner=rssnyt&emc=rss