42244 0 3 econsultancy_xml <p> <a href="http://www.msnbc.msn.com/">MSNBC.com</a>, which had around 29m users in August this year, is believed to have acquired <a href="http://www.newsvine.com/world-news">Newsvine</a> to expand its user generated content / community features. </p> <p>Newsvine has around a million users a month, and trails behind other social news rivals <a href="/blog/1763-digg-adds-social-network-features">Digg</a>, Reddit and <a href="/blog/1716-aol-closes-failed-social-news-experiment">Netscape</a>, which has now been relaunched as Propeller. Newsvine should benefit from an enlarged audience, as well as being able to handle spikes in traffic more easily than before. </p> <p>Part of the appeal of social news websites, as with blogging in general, has been the independence from traditional news and media outlets. AOL cited the perception of Netscape as a traditional media brand  when it decided to ditch the Netscape name and <a href="/blog/1760-aol-relaunches-social-news-site">relaunch its social news site as Propeller</a>. </p> <p>It remains to be seen whether perceptions of the site will change now that it is owned by a large media company, though Newsvine will continue to run as an independent site. </p> <p>Newsvine was launched two years ago, receiving $1.5m from Second Avenue Partners, a Seattle based VC firm. </p> <p> <strong>Related stories:</strong> <br /> <a href="/blog/1625-social-media-s-influence-overstated">Social media's influence overstated?</a> <br /> <a href="/blog/521-are-social-news-sites-like-digg-better-than-google-news">Are social news sites like Digg 'better' than Google News?</a> </p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Link URL="http://www.msnbc.msn.com/" Window="Self">MSNBC.com</Link>, which had around 29m users in August this year, is believed to have acquired <Link URL="http://www.newsvine.com/world-news" Window="Self">Newsvine</Link> to expand its user generated content / community features. </Paragraph> <Paragraph>Newsvine has around a million users a month, and trails behind other social news rivals <Link URL="/blog/1763-digg-adds-social-network-features" Window="Self">Digg</Link>, Reddit and <Link URL="/blog/1716-aol-closes-failed-social-news-experiment" Window="Self">Netscape</Link>, which has now been relaunched as Propeller. Newsvine should benefit from an enlarged audience, as well as being able to handle spikes in traffic more easily than before. </Paragraph> <Paragraph>Part of the appeal of social news websites, as with blogging in general, has been the independence from traditional news and media outlets. AOL cited the perception of Netscape as a traditional media brand  when it decided to ditch the Netscape name and <Link URL="/blog/1760-aol-relaunches-social-news-site" Window="Self">relaunch its social news site as Propeller</Link>. </Paragraph> <Paragraph>It remains to be seen whether perceptions of the site will change now that it is owned by a large media company, though Newsvine will continue to run as an independent site. </Paragraph> <Paragraph>Newsvine was launched two years ago, receiving $1.5m from Second Avenue Partners, a Seattle based VC firm. </Paragraph> <Paragraph> <Emphasis>Related stories:</Emphasis> <LineBreak /> <Link URL="/blog/1625-social-media-s-influence-overstated" Window="Self">Social media's influence overstated?</Link> <LineBreak /> <Link URL="/blog/521-are-social-news-sites-like-digg-better-than-google-news" Window="Self">Are social news sites like Digg 'better' than Google News?</Link> </Paragraph> </FormattedContent> 2007-10-08T10:13:00+01:00 0 1 econsultancy_xml <p> <strong>MSNBC.com, the Microsoft/NBC joint venture, has acquired social news site Newsvine for an undisclosed sum, the first acquisition in the firms's 11 year history. </strong> </p> <p> <img alt="" src="http://farm3.static.flickr.com/2068/1513120193_4ff6eeb7dd_o.jpg" /> </p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>MSNBC.com, the Microsoft/NBC joint venture, has acquired social news site Newsvine for an undisclosed sum, the first acquisition in the firms's 11 year history. </Emphasis> </Paragraph> <Paragraph Align="Center"> <Image Source="http://farm3.static.flickr.com/2068/1513120193_4ff6eeb7dd_o.jpg"> </Image> </Paragraph> </FormattedContent> false 1819 364369 Newsvine acquired by MSNBC.com false 2007-10-08T11:16:00+01:00 newsvine-acquired-by-msnbc-com 2009-04-28T22:59:27+01:00 2009-04-28T22:59:27+01:00 135