NBC invests in space site

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NBC acquired a minority stake in Space.com, a site for space news, information and entertainment. NBC will provide a combination of cash and ad time across the NBC TV Network in exchange for an undisclosed equity stake in the company. Financial details were not disclosed. The deal also gives NBC distribution rights to Space.com content. And NBC will use Space.com as the preferred provider of space information.

Copyright March 2000, Crain Communications Inc.

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