BuzzFeed Partners With CNN, Will Invest Low ?Eight-Digit Sum? In YouTube News Channel

Social news site and meme aggregator Buzzfeed is partnering with CNN and YouTube to create a new online-video channel called "CNN BuzzFeed" that will be unveiled later today. Chief operating officer Jon Steinberg told the Wall Street Journal that BuzzFeed plans to invest a low "eight-digit sum" over two years in the video platform.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/dX6az-O0UKU/

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