NBC Universal invests $200m in Vox Media

13/08/2015 - 08:41:05 - MediaGuardian: Television

Digital media business with brands including sport, tech and news valued at $1bn, with NBC said to be close to investing further $200m into BuzzFeed

NBC Universal has made a $200m (£128m) investment in Vox Media and is reportedly poised to sink a similar amount into BuzzFeed.

Vox – which owns eight brands including sports-focused SB Nation, video game site Polygon, technology site The Verge and news site – said the strategic partnership would further help to grow its business. The NBC deal values Vox at $1bn.

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