22 Jan: Fox News: NBC raises eyebrows over $400 million relationship with BuzzFeed
By Brian Flood
NBCUniversal invested $400 million in BuzzFeed and the two companies have a strategic partnership, raising eyebrows about why the Peacock Network isnt more transparent when covering the controversial website...
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.
DePauw University professor and media critic Jeffrey McCall told Fox News that it should be standard operating procedure that a media organization explain its financial interests and connections in such a situation.
Most news consumers would have no idea that BuzzFeed is supported financially by NBC, McCall said...
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.
https://www.foxnews.com/entertainment/nbc-raises-eyebrows-over-400-million-relationship-with-buzzfeed
Well looky here at this...