D.C. and New York-based Vox Media has just crossed into unicorn land.
The company, now valued at over $1 billion, announced Thursday a new partnership with NBCUniversal, which will make a $200 million strategic investment in the digital media company, which runs Vox, Polygon, The Verge and other sites. NBCUniversal’s parent company, Comcast, previously invested $200 million in Vox Media via its Comcast Ventures investment arm.
NBCUniversal is also reportedly planning to invest $200 million in BuzzFeed.
Read more about the mega media investment at The New York Times, the Wall Street Journal and Re/code, which was acquired by Vox Media in May.
Companies:
NBCUniversal / Vox Media
Join the conversation!
Find news, events, jobs and people who share your interests on Technical.ly's open community Slack
DC daily roundup: Washington Post's AI collab; a greentech glossary; Halcyon's debut Climate Fellowship cohort
DC daily roundup: Inside UMCP's new ethical AI project; HBCU founder excellence; a big VC shutters MoCo office
DC daily roundup: Esports at Maryland rec center; High schoolers' brain algorithm; Power data centers with coal?
