Saturday August 8, 2020

NBCUniversal’s latest $200m investment in Buzzfeed shows the belief in new media

The giant has doubled down on the social news and entertainment company

27th November, 2016

NBCUniversal is doubling down on Buzzfeed. The film studio and television network, now a subsidiary of cable company Comcast, has just invested $200 million in the digital publisher. That brings its total investment in Buzzfeed to $400 million.

It’s just over a year since NBCUniversal announced it was taking a stake in the company and it simultaneously placed an identical $200 million bet on one of Buzzfeed’s rivals, Vox Media.

At the time, such...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 3 months ago

What’s coming up today and what you might have missed

Hannah O’Brien | 7 months ago