NBCUniversal Invests $200 Million in BuzzFeed

August 18, 2015 12:28 PM

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NBCUniversal Invests $200 Million in BuzzFeed

The companies plan to collaborate on "television content, movies, the Olympics and joint partnerships with ad agencies and brands."

NBCUniversal has agreed to make a $200 million equity investment in BuzzFeed, the online media company that says it reaches more than 200 million monthly unique visitors and 1.5 billion monthly video views.

Also read: Ant Financial to Invest $200 Million in South Korea’s Kakao Pay

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