NBC Universal invests $200m in BuzzFeed
by Mark Sweney from Technology | The Guardian on (#HQM5)
Rio de Janeiro Olympics among events companies may work together to cover following deal that values news and media site at $1.5bn
NBC Universal has confirmed a $200m (127m) investment in BuzzFeed in a deal that values the news and media company at about $1.5bn.
Jonah Peretti, BuzzFeed founder and chief executive, said the strategic partnership would "combine our respective strengths to build the future of news and entertainment".
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