Nas has been making a lot of big money plays lately with his Queensbridge Venture Partners media group. This week it was announced on BusinessWire that Viacom in partnership with Queensbridge Venture Partners has acquired Pluto TV.
“Pluto TV’s unique and market-leading product, combined with Viacom’s brands, content, advanced advertising capabilities, and global scale, creates a great opportunity for consumers, partners, and Viacom.”
Robert M. Bakish
This acquisition adds to a portfolio that already includes Lyft and Genius. That billionaire boys club is looking solid!