7/30/2023 0 Comments Vox media comcastVox Media is redefining the modern media company by empowering the smartest digital voices with the technology to create and distribute premium content, and connect with an audience of 165 million affluent and educated young adults worldwide. NBCUniversal is a subsidiary of Comcast Corporation. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, world-renowned theme parks, and a suite of leading Internet-based businesses. NBCUniversal is one of the world’s leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. We are extraordinarily excited to collaborate in many areas including video programming, brand advertising, cross-promotion, and platform technology to grow existing properties and launch new franchises." "NBCUniversal’s valuable family of properties align especially well with Vox Media’s authoritative, voice-driven brands which span sports, tech, news, fashion, food, and more. "NBCUniversal is the perfect strategic partner for Vox Media as we continue to rapidly grow our audience and business," said Jim Bankoff, CEO and Chairman, Vox Media. We are excited to be making this investment and building a collaborative partnership involving editorial content, advertising and technology." "Vox Media has strong leadership, top editorial talent and a unique technology platform. "Vox Media has a great portfolio of premium digital brands that deeply engage broad audiences," said Steve Burke, CEO, NBCUniversal. The eight Vox Media brands are SB Nation, Polygon, The Verge, Vox.com, Eater, Racked, Curbed, and Re/Code. Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.NBCUniversal and Vox Media today announced that NBCUniversal has agreed to make a $200 million equity investment in Vox Media, one of the world's largest and fastest growing digital media companies. 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. 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.” 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.” 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.
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