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NBCUniversal drops another $200M on BuzzFeed

Nov 22, 2016 - The Deal Pipeline

Comcast Corp. (CMCSA) media subsidiary NBCUniversal Inc. is showing its confidence in internet media company BuzzFeed, agreeing to invest an additional $200 million and extending the companies' strategic partnership.

The new investment will expand the advertising and sales relationship between the two New York companies, http://www.nbcuniversal.com/press-release/buzzfeed-and-nbcuniversal-announce-expanded-strategic-partnership-and-additional-200m|NBCUniversal said on Monday, Nov....