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Viacom, Microsoft team for online deal
FROM VARIETY: Five-year alliance to combat the likes of Google
By Dade Hayes of Variety -- Video Business, 12/20/2007
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The pact will see divisions of both companies team on advertising, content distribution, event promotions and games. The companies would not divulge the deal's exact value, but estimated its "projected base value" at $500 million in financial considerations.
Read the full story on Variety.com.