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NBCUniversal Finalizes Deal To Invest $200 Million In Vox
Last week Re/code reported that NBCUniversal was investing 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. It may be used for personal consumption, but may not be distributed on a website. ![]() More... |
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