News Summary: MSNBC.com joint venture dissolved

Associated Press
FILE - In this Dec. 14, 1995, file photo, Robert Wright, president and chief executive officer of NBC, speaks in New York with Microsoft Chairman Bill Gates, displayed on screen, speaks from Hong Kong, during a news conference announcing that NBC and Microsoft would form a joint venture to start a cable news channel and related online service called MSNBC. Microsoft is pulling out of the joint venture that owned MSNBC.com so it can build its own online news service. The breakup, announced late Sunday, July 15, 2012, dissolves the final shred of a 16-year marriage between Microsoft Corp. and NBC News, which is now owned by Comcast Corp. (AP Photo/Marty Lederhandler, File)
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FILE - In this Dec. 14, 1995, file photo, Robert Wright, president and chief executive officer of NBC, speaks in New York with Microsoft Chairman Bill Gates, displayed on screen, speaks from Hong Kong, during a news conference announcing that NBC and Microsoft would form a joint venture to start a cable news channel and related online service called MSNBC. Microsoft is pulling out of the joint venture that owned MSNBC.com so it can build its own online news service. The breakup, announced late Sunday, July 15, 2012, dissolves the final shred of a 16-year marriage between Microsoft Corp. and NBC News, which is now owned by Comcast Corp. (AP Photo/Marty Lederhandler, File)

THE SPLIT: Microsoft is pulling out of the joint venture that owned MSNBC.com. The relationship began to unwind in 2005 when Microsoft sold its stake in MSNBC's cable TV channel to NBC.

WHAT HAPPENS NOW: Anyone typing MSNBC.com into a Web browser is now being automatically redirected to NBCNews.com. The split frees Microsoft to build its own online news service.

BEHIND THE SCENES: The online divorce stemmed from the two partners' desire to gain greater control over their digital destinies as the Internet becomes an increasingly important part of their businesses.

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