Matt Buchanan: ‘A Series of Wholly Unrelated Observations About Vox Media’s Acquisition of Recode’

Matt Buchanan, writing for The Awl:

When Kara Swisher and Walt Mossberg launched Recode in 2014, NBCUniversal News Group made a “strategic investment and content partnership” in Revere Digital, the parent company of Recode and its Code conferences. Its content was distributed “across NBCUniversal News Group’s multiple media platforms,” while CNBC became “Revere’s media partner for its global conferences.”

NBCUniversal News Group, which includes NBC News, CNBC, and MSNBC, is a division of NBCUniversal, which is owned by Comcast.

Yesterday, Vox Media, which has received millions of dollars from Comcast Ventures, announced that it would acquire Revere Digital, which had received an undisclosed number of dollars from NBCUniversal News Group, in all-stock deal.

It’s Comcast all the way down.

Thursday, 28 May 2015