NBC News Execs Tout $30 Million Euronews Deal, Increased Int’l Reach

By Christine Zosche 

NBC News is set to close its acquisition of a 25 percent stake in European news network Euronews on Thursday, with the partners unveiling Wednesday that it will be co-branded EuronewsNBC. (THR)

The two companies have been in talks since late last year and have agreed to a deal under which NBC News will pay $30 million for its share in the France-based news channel. (Variety)

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