NBC Not Buying Tribe.net Yet

Although NBC has enough of an interest in the lightly-used social networking site, no one at the network has signed a check yet for the company. NBC has purchased iVillage, the female-oriented networking site, and made a content distribution deal with YouTube that makes viral NBC videos available on NBC's site. The company may make peacock plumage at some point. But not today. PaidContent broke the story on July 3rd. If and when it does go through, NBC should pick up the site for a fraction of what News Corp paid for MySpace. That deal saw Rupert Murdoch's growing Internet empire part with $580 million to make MySpace part of its online space. The PaidContent report predicted a price range of up to $50 million, and it could be substantially less. A source cited in the article claimed the price would end up being close to $5 million. A separate guest Del.icio.us | Digg | Yahoo! My Web | Furl Bookmark murdok: David Utter is a staff writer for murdok covering technology and business.