Microsoft and Viacom ink $500 million-plus Web and TV deal
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In an online advertising and cable TV entertainment deal of sweeping proportions, Microsoft and Viacom will be teaming up with each other on both the Web as well as on Viacom's broadband network for at least five years.
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Viacom Inc said on Wednesday it has  selected Microsoft Corp. as its Internet advertising partner in  a five-year agreement initially valued at an estimated $500  million that involves online games, shows and movies.
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Microsoft reached some new agreements to allow delivery of new movie and television content over the xBox Live Service and MSN online.
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SBC Communications, the No. 2 U.S. telecommunications company, has agreed to pay &#36;400 million to Microsoft Corp. for software that can deliver television via high-speed data lines, The New York Times reported on Wednesday.
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SBC Communications selected the new Microsoft IPTV Edition software platform for its Project Lightspeed initiative. The deal, which is valued at $400 million over 10 years, is the first of its kind for any US-based telecommunications provider.
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Officials from the BBC and Microsoft at a high-profile, if low-detail, press tour conducted yesterday, signed an agreement that may spell out the terms under which the two companies work together to build a "radically re-invented Web site in the Web 2.0 world."
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Viacom Inc.'s MTV Networks on  Wednesday said it would buy Internet video and games company  Atom Entertainment Inc. for $200 million as big media companies  move to compete with online upstarts such as video leader  YouTube.com.
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Viacom Inc.  agreed to sell its Famous Music publishing business to Sony/ATV Music Publishing for about $370 million, the Wall Street Journal reported on its Web site on Wednesday.
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SBC Communications Inc., the second-largest local phone company in the United States, said Wednesday it signed a 10-year, &#36;400 million agreement with Microsoft Corp. to provide next-generation television services using Microsoft's TV Internet protocol television edition software platform.
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Microsoft has signed a five-year deal with Viacom that includes online advertising, content distribution, event promotions and games.
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Microsoft agreed yesterday to pay more than $500 million to settle a potential antitrust lawsuit by rival software maker Novell but will likely have to fight another part of Novell&#39;s claim in court.
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Akimbo Systems Inc., a startup that plans to deliver video over the Internet to television sets, has signed a deal for mainstream content from Time Warner Inc.'s Turner Broadcasting System.
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Microsoft announced partnerships with Walt Disney, NBC Universal and Metro-Goldwyn-Mayer to boost online video sales.
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Microsoft, Yahoo and Google have agreed to pay a combined $31.5 million to settle federal civil allegations they took ads for illegal gambling.
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Microsoft has turned the channel on its slow-moving television software business by winning a key contract for its new Internet-based TV platform from SBC Communications.
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Microsoft, Yahoo and Google agreed to pay a combined $31.5 million to settle federal civil allegations that they had accepted ads for illegal gambling.
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NEW YORK, November 17  - SBC Communications Inc (SBC.NYS) announced an agreement with Microsoft Corporation (MSFT) today, under which the US-based telecom giant will provider IP-based TV services based on Microsoft&#39;s IP television