NBC and BuzzFeed’s $400 Million Partnership

Leftwing media BuzzFeed, MSNBC and NBC push fake news. It makes for a perfect business connection.

Via Fox News 

NBCUniversal invested $400 million in BuzzFeed and the two companies have a “strategic partnership,” raising eyebrows about why the Peacock Network isn’t more transparent when covering the controversial website.

NBC News and MSNBC fawned over BuzzFeed’s now-debunked report claiming President Trump directed his former attorney Michael Cohen to lie to Congress before the office of the special counsel released its rare statement.

A search of transcripts from both MSNBC and NBC News didn’t turn up any mention of the investment when the news organization covered BuzzFeed’s discredited bombshell. While transcripts aren’t always 100 percent accurate, it’s clear the relationship was not disclosed with any consistency.

“NBCU is indeed an investor and a great strategic partner, but I’m afraid you’d have to ask them about how and when they disclose that information,” A BuzzFeed spokesperson told Fox News.

NBC News did not immediately respond to a request for comment.

……NBCUniversal initially invested $200 million in 2015. Shortly after the 2016 election, NBCUniversal and BuzzFeed announced “an additional $200M investment to expand the strategic partnership between the two companies and fund the growth of BuzzFeed’s industry leading news and entertainment network.”

Reporter-turned-investment banker Porter Bibb told Fox news that NBCUniversal “controls” BuzzFeed.

“Their $400 million investment is just the tip of the iceberg. They use BuzzFeed content throughout the NBC system and should have disclosed their ownership when reporting especially unconfirmed stories, especially highly contentious reports suggesting the president committed a criminal act,” Bibb said. “Another egregious failure on the part of NBC news chief Andy Lack.”

 

BuzzFeed is one of the leftwing sites that was forced to lay off some of its staff.  If all goes well, the same shit will happen to the NBC/MSNBC propaganda machine.

 

 

Related post:

https://sfcmac.wordpress.com/2019/01/19/buzzfeeds-latest-bombshell-is-another-dud/

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