Starting today, CNBC and The New York Times will share material on their Web sites, in an effort to better compete with News Corp’s new ventures, the Fox Business Network and The Wall Street Journal.
Richard Pérez-Peña reports in today’s NYT that the deal mostly consists of a content swap: Times articles and other written material will be posted on CNBC’s site, and CNBC video will run on the Times site. There will be no exhcange of money between the two companies for this agreement.