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New York Times and CNBC in Web Deal - ASHARQ AL-AWSAT English Archive
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NEW YORK (Reuters) – The New York Times and business news channel CNBC will share video and stories from each other’s Web sites in a deal that takes effect on Monday, The New York Times newspaper reported.

The joint effort would compete with expected cooperation between News Corp’s nascent Fox Business Network cable channel and the recently acquired Wall Street Journal, the Times report said.

The Times already has a Web content-sharing arrangement with other channels within the NBC Universal unit that owns CNBC. NBC Universal is majority owned by General Electric.

Under the new deal, Times articles will be posted on CNBC’s Web site, while the Times will use CNBC video for its site, according to the report.

Officials for the Times and CNBC were not immediately available for comment.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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