Comcast is negotiating with a few online publishers in an attempt to increase its holdings in the news business, The Wall Street Journal reported last night
"The company has engaged in preliminary discussions with several online publishers including Vice Media, BuzzFeed and Business Insider and has discussed increasing its roughly 14% stake in Vox Media, according to people familiar with the matter," the Journal reported. "The talks are all at an early stage and it isn’t clear which, if any, of the deals might come to fruition."
A few different arrangements are reportedly being discussed, with the focus being on investments rather than outright ownership. For example, Comcast could "take an equity stake in Vice as part of a deal that would turn one of the networks in its NBCUniversal cable division into a Vice channel."
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