Quantcast
Nas-Invested Streaming Service Sold to Viacom for $340 Million

Nas-Invested Streaming Service Sold to Viacom for $340 Million

 

View this post on Instagram

 

A post shared by Nasir Jones (@nas) on

Money over bullshit.

Media giant Viacom has purchased Pluto TV, an ad-supported free streaming service with over 12 million monthly users, for $340 million in cash, according to BusinessWire.

READ: For the First Time Ever Nas is One of the Richest Rappers on Forbes’ Cash Kings List

Pluto TV is a company that NasQueensbridge Venture Partners invested in in 2014. Meaning, this is a good week financially for Nas. The rapper’s investment company has been on a hell of a run recently. Last year, Amazon bought PillPack and Ring — two companies Nas invested in — for north of a billion dollars.

READ: Nas Set To Make Over $40 Million Thanks To Amazon

Nas has also invested in hot properties like Genius, Dropbox, Lyft, and SeatGeek. Queens get the money.

Source: Business Wire



Our Newsletter

Follow us on Social Media