New Site Gets $100 Million Investment at $1 Billion Valuation
Posted on August 9, 2007
Filed Under General |
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“New Site”, the joint venture between NBC Universal and the News Corporation to bring their television shows and movies onto the Internet has taken a $100 million investment that values the company at $1 billion. “New Site” still lacks a Web site. It still has no name.
But the company, now has some deeper pockets. [...]
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