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Updated: Washington Post, Bloomberg Team Up For New Syndication Service; Co-Branded Business Page

The Washington Post and Bloomberg News are launching a new syndication service Jan. 1, 2010 — the Washington Post (NYSE: WPO) News Service with Bloomberg News, which will provide daily content from the paper and the financial newswire to newspapers, website and other subs. The move follows by a day the news that the paper’s partnership with the Tribune Co.’s Los Angeles Times was dissolving. The LAT will become part of McClatchy-Tribune Information Services (MCT), a JV of McClatchy (NYSE: MNI) and Tribune. (Release after the jump.)

Dual-branded business page: The bolder — and much riskier — move is a co-branded Bloomberg and WaPo online business-news page, which will replace the paper’s own business page when users click on the “Business” tab. WaPo Executive Editor Marcus Brauchli explained the move in a staff memo: “Each of these steps will benefit The Post

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