Fenwick & West represented BuzzFeed, Inc., the technology-driven global media company that reaches 500 million people around the world on digital platforms and is leading a massive shift to digital that is transforming news, entertainment, and advertising, in its $200 million financing by NBCUniversal.
The new investment will also allow BuzzFeed to build on the company’s lead in digital media. BuzzFeed will focus on further developing data science and technology, growing the massive Tasty food media network, and creating cross-platform advertising products. Additionally, BuzzFeed News will expand its award-winning journalism on all digital platforms and continue to grow its digital video operations in Los Angeles, New York, and around the world. More information about BuzzFeed's $200 million Series G can be obtained from the company press release.
The Fenwick transaction team was led by corporate lawyers Mark Stevens, Dawn Belt, Patrick Grilli and Victoria Wong.