Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues. After a few years of squabbling and the regular dance of Comcast subscribers around here getting confused on football Saturdays about where to find the BC game, the ACC Network and Comcast have. Re/code’s Paul Kafka, who is admittedly “conflicted up the wazoo on this one” because that site is already part of Vox Media and has previously received investment money from Comcast, also reports that a similar investment in BuzzFeed is coming down the pike this week. Image: Vox Media Before Vox Media struck a deal to buy Recode, the two digital publishers already had something in common: Comcast, which has. states that NBC Universal, which Comcast owns, invested 200 Million in Vox Media. In a statement, Vox Media CEO Jim Bankoff said the collaboration will include, “video programming, brand advertising, cross-promotion, and platform technology to grow existing properties and launch new franchises.” Vox - Left Bias - Liberal - Democrat - Progressive - Credible Factual. In order to, at least to the general public, put some distance between the oft-reviled Comcast brand and this investment, it’s being done through Comcast’s NBCUniversal division, which describes the deal as “a collaborative partnership involving editorial content, advertising and technology.” 1.8.13.15 9:23 AM EDT By Chris Morran from kabletown comcast vox mediaĪfter months of staying mum about rumors that it was going to purchase or invest heavily in online content networks, Comcast finally announced yesterday that - in addition to controlling cable, Internet, broadcast & cable TV networks, movies and home video - it also wants to have a hand in the news and information consumers get online, with the confirmation of a $200 million investment in Vox Media, the network that includes The Verge, Eater, Racked, Re/code, Curbed, S/B Nation, and of course its namesake site. Its leadership shared three themes and related companies they're excited about heading into 2020. The fund was an earlier investor in ad-driven media companies Vox Media and Cheddar, but it's recently backed ones with a subscription component like sports media company The Athletic and audio app TuneIn. Two-thirds of the companies in its portfolio have some relationship with Comcast, whether it's placing TV spots with NBCUniversal or providing benefits to employees. and other services to help those startups grow. In pitching startups, Comcast Ventures emphasizes that while its mandate is to purely show financial returns, the fund can also leverage its parent Comcast Corp. Many hours spent with TiVo and Comcast techs, including, finally. With about 150 companies in its portfolio, Comcast Ventures focuses on consumer and enterprise companies and has been investing in companies earlier in their life stage. Buy TiVo BOLT VOX 3TB, DVR & Streaming Media Player, 4K UHD, Now with Voice Control. Its managing directors revealed the three media themes and related companies they're most bullish on heading into 2020.Ĭomcast Ventures, the 20-year-old investment arm of media giant Comcast, was an early investor in unicorns like Away and Hippo as well as buzzy media companies The Athletic, Vox Media, and Cheddar.Comcast Ventures, the 20-year-old investment arm of media giant Comcast, was an early investor in unicorns like Away and Hippo as well as buzzy media companies The Athletic, Vox Media, and Cheddar.Comcast, which owns NBC, additionally already owned 14 of Vox through. Account icon An icon in the shape of a person's head and shoulders. is an American mass media company based in Washington, D.C., and New York.
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