Money Mover

Nas’ Sells Pluto TV To Viacom For $340M!

NEW YORK, NY – JULY 26: Nas performs on stage for iHeartRadio LIVE and Verizon at PlayStation Theater on July 26, 2018 in New York City. (Photo by Mike Coppola/Getty Images for iHeartRadio)

Nas doesn’t have to perform or rap another day in his life if he doesn’t want to because the man is smart . Maybe thats’ why Kelis is testing his patience with their new custody issues ,but besides that Nas’ company Queensbridge Venture Partners invested in 2014- has been brought by major media corporation Viacom for $340 million.

According to Pluto TV’s corporate website, some of the other investors and advisors for the company include Universal Music Group, U.S. Venture Partners, Third Wave Capital and more.

“Founded in 2013, Pluto TV streams more than 100 channels and thousands of hours of on-demand content spanning television and movies, sports, news, lifestyle, comedy, cartoons, gaming and trending digital series,” reports Business Wire on the news. “The ad-supported, internet-based TV service features world-class programming sourced from over 130 partnerships with media networks, major film and television studios and a wide range of digital content producers.”

Nas’s Queensbridge Venture Partners has been crushing the investment hustle In summer 2018, PillPack, (which is a door-to-door pharmacy service backed by the prolific MC’s venture capital fund since 2014, )was brought out by Amazon for $1 billion. Rapped TF Out!

In March 2018, Amazon brought he smart-doorbell company Ring for $1 billion (Nas made $40 million in the deal). Earlier in his investment journey, Nas placed investments in companies like Genius, Lyft and SeatGeek. The man is smart.


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