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NBCUniversal Invests $200m In BuzzFeed

The companies will collaborate on TV content, movies, and Olympics coverage.

NBCUniversal has made a $200 million equity investment in BuzzFeed, the companies announced on Tuesday. “We look forward to collaborating on television content, movies, the Olympics, and joint partnerships with ad agencies and brands,” said BuzzFeed executive chairman Kenneth Lerer in a statement.

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