New York
- NBC Universal's (NYSE: GE) Local Media Division has acquired LX.TV, a producer of Web and HD video
programming focused on lifestyle products and services for affluent consumers.
Financial terms of the deal were not disclosed.
LX.TV was originally launched
in 2006 as Code.TV by two former executives at MTV.
The company offers HD and Web
video covering food, nightlife, shopping, style, wellness and other areas; NBC's
local HD station in New York
has been syndicating the company's content for a year.
NBC plans to have LX.TV
produce programming for out-of-home video networks found in grocery stores,
taxi cabs and gas stations.
Related Links:
http://www.lx.tv
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