Citizen News Site Becomes MSNBC.com's First Purchase
Newsvine, a "participatory news" site that allows people to write articles, link to mainstream news stories, discuss the news, and earn money by writing their own ad-sponsored columns, is now owned by MSNBC.com.
The year-and-a-half-old, Seattle-based company becomes the first acquisition for MSNBC Interactive News. It will continue as an independent brand, but MSNBC.com will have access to its "full suite of community product features," it said a statement announcing the deal.
Anybody can write content for Newsvine or create a page that includes links to news stories they find interesting, and the site promises to pay the columnists 90 percent of all ad revenue generated from their pages.
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The year-and-a-half-old, Seattle-based company becomes the first acquisition for MSNBC Interactive News. It will continue as an independent brand, but MSNBC.com will have access to its "full suite of community product features," it said a statement announcing the deal.
Anybody can write content for Newsvine or create a page that includes links to news stories they find interesting, and the site promises to pay the columnists 90 percent of all ad revenue generated from their pages.
Read complete article ...
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