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Peter Kafka / Recode:
Sources: Comcast's NBCUniversal finalizing deal for a second $200M investment in BuzzFeed at a valuation of $1.7B   —  More money for Jonah Peretti and his video ambitions.  —  A year after making a major investment in BuzzFeed, NBCUniversal is doing it again.
Oct 20, 2016, 6:00 PMIn context
Peter Kafka / Recode:
Amazon has exclusive rights to stream and sell Garth Brooks' music on its Music Unlimited service, a major get in the streaming wars against Spotify and Apple   —  He's not Beyoncé, and that's okay with Amazon.  —  Last week, Amazon launched a new streaming music service and tried …
Oct 19, 2016, 4:00 PMIn context
Peter Kafka / Recode:
Sources: Snapchat to stop sharing ad revenue with media partners within weeks, will change to up-front flat licensing fee as it prepares for 2017 IPO   —  Evan Spiegel has a new deal for “Discover” publishers: We pay you up front, and we keep all the ad money.  —  Snapchat says it's done sharing with media companies.
Oct 18, 2016, 11:20 PMIn context
Peter Kafka / Recode:
Y Combinator boss Sam Altman says he's not going to cut ties with Peter Thiel for supporting Donald Trump   —  “Cutting off opposing viewpoints leads to extremism and will not get us the country we want.”  —  The head of Silicon Valley's most famous startup factory says he's sticking with Peter Thiel …
Oct 16, 2016, 10:36 PMIn context
Peter Kafka / Recode:
Sources: Disney will not bid for Twitter, leaving Salesforce as the last potential bidder   —  Which leaves Salesforce, for now.  —  Cross another potential Twitter buyer off the list: Disney isn't pursuing a bid for the social platform, either.  —  Sources familiar with Disney …
Oct 5, 2016, 10:00 PMIn context
Peter Kafka / Recode:
Spotify-SoundCloud deal makes sense because it would build Spotify's user base and give SoundCloud investors a return, but sources say deal might not happen   —  A tech/media deal that doesn't make you scratch your head.  —  Some theoretical tech + media tie-ups don't make sense.  But not all of them.
Sep 29, 2016, 3:25 PMIn context
Peter Kafka / Recode:
YouTube hires Lyor Cohen as Global Head of Music; Cohen helped build Def Jam label, ran Warner Music, and founded 300 Entertainment in which Google invested $5M   —  He's going to hold on to his 300 label, which Google backed three years ago.  —  Apple Music has Jimmy and Dre.  Spotify has Troy.
Sep 28, 2016, 5:55 PMIn context
Peter Kafka / Recode:
Sources: Verizon in advanced talks to buy Jason Kilar's mobile video startup Vessel, which is working on new Snapchat-like product   —  Verizon likes video, but Vessel has been working on a non-video product, too  —  Verizon is in advanced discussions to acquire mobile video startup Vessel, according to people familiar with the talks.
Sep 21, 2016, 8:05 PMIn context
Peter Kafka / Recode:
Mode Media, publisher and ad network formerly known as Glam and once valued at $1B, shuts down; company was on track to generate over $100M in revenue this year   —  The company that used to be called Glam Media generated $90 million last year.  Now it's out of business.
Sep 15, 2016, 11:40 PMIn context
Peter Kafka / Recode:
Sources: Pandora's new music services could launch as early as Thursday; deals set with Universal Music, Sony, and Merlin, but not yet Warner Music   —  Sources say it's aiming for a Thursday launch.  —  Pandora wants to launch two new music services, and it may be ready to do it this week.
Sep 13, 2016, 10:40 PMIn context

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