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Is NBCUniversal Pumping $250M Into Buzzfeed?

  • Re/code, Thursday, July 30, 2015 11:32 AM
BuzzFeed is reportedly close to securing a $250 million investment from NBCUniversal at a valuation of about $1.5 billion. “People familiar with the proposed deals say they’re part of a new effort from NBCU CEO Steve Burke to bet on digital outlets he thinks can tap into millennial audiences,” Re/code reports.

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1 comment about "Is NBCUniversal Pumping $250M Into Buzzfeed?".
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  1. Craig Mcdaniel from Sweepstakes Today LLC, July 30, 2015 at 5 p.m.

    NBC put in millions into a website 8 or 9 years ago that is no longer around to my knowledge.

    This will be interesting. Vegas, are you taking bets on this?

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