NBC News is buying a minority stake in the overseas television news outlet Euronews, appointing NBC News President Deborah Turness to run the new partnership, and having "Today" show chief executive Noah Oppenheim replace her as NBC News president.
NBC News Chairman Andrew Lack on Tuesday announced the deal with Euronews, which employs some 500 journalists and airs in 164 countries across Europe, Africa and the Middle East. NBC is paying $30 million, and the new venture will be known as Euronews NBC.
American viewers will be able to see Euronews journalists adding their expertise to NBC News, MSNBC and digital coverage of international stories, the network said.
"We believe we've found a unique international partner at a pivotal time in global news," Lack said in a memo to his staff.
Turness will be president of the newly formed NBC News International, responsible for pulling together the two news organization, and will More