MSN To Part Ways With Joint Partner in Israel; Swaps Out Expedia For Orbitz on Travel

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Microsoft-owned MSN is going to part ways with its JV partner Internet Gold in Israel, and will be running MSN Israel portal on its own from October this year, the two companies announced. IG is an Internet-related holding company in Israel, and has been MSN’s local partner since 2000…MSN Israel is 50.1 percent owned by the Internet Gold Group and 49.9 percent owned by Microsoft….now Microsoft will buy the 51.1 percent stake.

The two companies currently discussing the terms of separation/migration and possible future cooperation, and portal will continue to operate throughout the transition period. No clear reason was given for this separation, except to point out that in almost all of the 44 countries that MSN operates in, it is fully owned by Microsoft (NSDQ: MSFT). In 2007, MSN Israel accounted for less than 3 percent of Internet Gold

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MSN move to shift to Orbitz seems a good move one. They may know better thatn others EXPEDIA is a huge scam (Click on my name to read how theyr tried to scam me 1254.95 U$D) and they may ruin MSN reputation.
Other companies will eventually , sooner or later, divorce from EXPEDIA.

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