NBBC closing, parts folded into ‘Joint Venture’
Steve Safran July 2nd, 2007
According to an internal memorandum, NBBC is closing and its services are being partly folded into NBC Universal’s new joint video venture with Fox. The joint venture (known temporarily as “NewSite”) will incorporate some of NBBC’s assets, but those who have made deals with NBBC are out of luck, according to the memo sent to its partners:
As part of our contribution, nbbc must sever all on-going business relationships in preparation for the merger. Therefore, this note serves as your 30-day notice of service termination with nbbc. NewSite is an independent operating entity and may reach out to you to explore potential business partnerships.
Created as a way for sites to establish partnerships and monetize content, NBBC had just launched in beta in September, 2006. The company had about 150 big-name content partners.
3 Comments Add your own
1. tdc | July 3rd, 2007 at 8:04 am
hey, let me make it clear- if i knew it was an ‘internal memo’ i would have never asked for a story. i’d have been content to stfu.
i read it at multichannel.com and thought it’d be good fodder here since the NewCo (horse with no name) has become a topic of conversation.
2. Lohness | September 28th, 2007 at 10:12 pm
www myfreepaysite com
3. Bobi | November 19th, 2007 at 5:23 am
6ramadol
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