NBC Universal investing millions in Vox and BuzzFeed
Share Now on:
Here are a few items from the Marketplace desk of “Wait, your company is worth how much?” media edition.
We learned Wednesday that NBC Universal, among the oldest of old-line media companies, is taking a big stake in a couple of not old-line media companies.
$200 million in Vox Media, which values Vox at more than a cool billion dollars.
Also, there are reports of another $200 million going into BuzzFeed — which puts it at a billion and a half.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.
Give today and get our limited edition tote.