The news organisations will work together to showcase each other's journalism on their websites, in video and in print, and to broaden and deepen coverage of the campaign.
As part of the collaboration Msnbc.com will publish political news from NYTimes.com on its website. NBC News will have access to Times breaking news for its on-air and online platforms.
In return, the Times will have access to NBC News' political video content for streaming and publishing on NYTimes.com.
"Collectively, The New York Times, NBC and msnbc.com can deliver the most comprehensive and innovative multimedia reporting on the 2008 election in media," said Vivian Schiller, senior vice president and general manager of NYTimes.com, in a press statement.
"Our combined reach across platforms exceeds 45 million."
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