Digital media business with brands including sport,tech and news valued at $1bn, with NBC said to be close to investing further $200m into BuzzFeedNBC 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, and video game site Polygon,technology site The Verge and news site Vox.com said the strategic partnership would further abet to grow its business. The NBC deal values Vox at $1bn.
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Source: theguardian.com