Flashback 2015. NBCUniversal makes $200-million investment in Buzzfeed

Flashback to 2015. The L.A. Times reports:

Entertainment conglomerate NBCUniversal has agreed to make a $200-million equity investment in BuzzFeed, both companies confirmed Tuesday.

The companies plan to collaborate on projects including television shows, movies, Olympics coverage and other "joint partnership with ad agencies and brands," Buzzfeed Executive Chairman Kenneth Lerer said in a statement.

The deal was widely rumored last month, with reports that NBCUniversal was in talks to invest as much as $250 million in Buzzfeed News in the attempt to reach a younger audience that has moved away from traditional broadcast media to getting its news and entertainment online.

NBC really is the vanguard of the socialist movement along with being a press office for the Democrat party.