MEDIA

BuzzFeed Gets $200 Million From NBC To Extend Reach Into TV And Film

From BuzzFeed CEO Jonah Peretti: 

Dear BuzzFeeders,

I’m very excited to share that NBCUniversal has agreed to invest $200M in BuzzFeed and partner with us to extend our reach to TV and film. NBCU is the home of theToday show, Jurassic World, Minions, the Olympics, Jimmy Fallon, and much more, and we are looking forward to collaborating with them on projects we’d never be able to do on our own.

We’ve also signed an agreement with Yahoo! JAPAN to launch BuzzFeed Japan as a joint venture based in Tokyo. Yahoo! JAPAN is the leading digital media company in a huge market, reaching almost all of the online population in Japan. Partnering with them allows us to grow much more quickly in Japan than if we had launched on our own. You can read more about our strategy from Greg’s blog post.

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