news
08-12-2015, 09:03 PM
Last week Re/code reported that NBCUniversal was investing in BuzzFeed and Vox Media (http://recode.net/2015/07/30/nbcuniversal-poised-to-make-big-investments-in-buzzfeed-and-vox-media/).
Now those deals are done, and NBCU and Vox Media are announcing their deal today.
The headline for now: The media giant is investing $200 million in Vox Media, at a pre-money valuation of $850 million, according to several sources. Which is another way of saying Vox Media is now worth more than $1 billion, after raising around $300 million altogether. (NBCU owner Comcast had previously invested in Vox Media, via its investment arm Comcast Ventures.)
-- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. (http://start.westnet.ca/newstempch.php?article=terms.html/) It may be used for personal consumption, but may not be distributed on a website.
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More... (http://feeds.huffingtonpost.com/c/35496/f/677045/s/48eec020/sc/15/l/0L0Shuffingtonpost0N0C20A150C0A80C120Cnbcuniversal 0Efinalizes0Edeal0Eto0Einvest0E20A0A0Emillion0Ein0 Evox0In0I797890A0A0Bhtml/story01.htm)
Now those deals are done, and NBCU and Vox Media are announcing their deal today.
The headline for now: The media giant is investing $200 million in Vox Media, at a pre-money valuation of $850 million, according to several sources. Which is another way of saying Vox Media is now worth more than $1 billion, after raising around $300 million altogether. (NBCU owner Comcast had previously invested in Vox Media, via its investment arm Comcast Ventures.)
-- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. (http://start.westnet.ca/newstempch.php?article=terms.html/) It may be used for personal consumption, but may not be distributed on a website.
http://rc.feedsportal.com/r/234567131092/u/0/f/677045/c/35496/s/48eec020/sc/15/rc/1/rc.img (http://rc.feedsportal.com/r/234567131092/u/0/f/677045/c/35496/s/48eec020/sc/15/rc/1/rc.htm)
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More... (http://feeds.huffingtonpost.com/c/35496/f/677045/s/48eec020/sc/15/l/0L0Shuffingtonpost0N0C20A150C0A80C120Cnbcuniversal 0Efinalizes0Edeal0Eto0Einvest0E20A0A0Emillion0Ein0 Evox0In0I797890A0A0Bhtml/story01.htm)