Monday, October 8, 2007

Newsvine.com MSNBC now owns Newsvine -- a good move?

Today, MSNBC announced it is buying Newsvine, a "participatory journalism" site. The company describes it as "a great fit." It's MSNBC's first acquisition in its 11-year history. More from MSNBC and Newsvine (don't miss the comments there -- more than 400 as of this writing). Analysis from PaidContent.

As usual, no terms of the transaction were disclosed.

What do you think of this move? Please comment below.

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