With more than 3.6 million registered users and generating 2.6 million in total monthly unique visitors, BET.com is a hot online commodity. BET Networks (presently owned by Programming and entertainment company Viacom Inc.) announced that BET Interactive, its Internet operating unit, is buying out its original investment group consisting of Microsoft, News Corporation, Liberty Media and IAC/InterActive Corp and the former investors from 360HipHop.com, led by hip-hop mogul Russell Simmons. Financial terms were not disclosed. Read More MSN Money
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