Media

NBCUniversal announces additional $200 million investment on Buzzfeed

NBCUniversal announces additional $200 million investment on Buzzfeed

NBCUniversal has announced another major investment in social news and media platform BuzzFeed. Last year, NBCUniversal placed a big bet on BuzzFeed. The current investment of $200 million in BuzzFeed has been made at valuation of $1.7 billion for the website.