Local television and digital media company LIN TV Corp. (TVL) and Fox Interactive Media, or FIM, a division of News Corp. (NWS), Monday announced a new strategic relationship and the launch of LIN TV's new television station web sites.
LIN TV said it is FIM's first third-party digital publishing partner and will use FIM's digital platform technology to provide users with a superior local online experience.
LIN TV has launched www.wpri.com and www.fox10tv.com onto FIM's digital platform and the company's other web sites are set to launch over the next few weeks. FIM is delivering both back-end and front-end publishing services to LIN TV's growing suite of web properties, including content management, video, contextual search and social networking.
TVL is trading at $2.99, down $0.01, on a volume of 15,951 shares.
NWS rose $0.53 and is trading at $9.80, on a volume of 1.43 million shares.
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