Group Nine Media

Report: Facebook signs video content deals

Facebook has reportedly signed deals with youth-focused media companies to make original shows for the social platform. According to a Reuters report, Facebook has agreed deals with BuzzFeed, Vox Media, Group Nine Media for an forthcoming video service made up of long- and short-form content interspersed with ads. Facebook is planning to broadcast scripted shows […]

Discovery invests US$100m in Group Nine Media

Discovery Communications has agreed to invest US$100 million in Group Nine Media – a new holding company consisting of a number of millennial-focused digital assets. The deal sees Discovery take a minority stake in, and enter into a strategic partnership with, the firm. Axel Springer will maintain its investment as the second largest shareholder. New […]