Nas’ Company Sells Pluto TV To Viacom For $340 Million

52

Nas spent the mid-2000’s caught up in a messy divorce and authorized battle with Kelis that left his checking account a lot decrease than it was beforehand. Now, the Godson is stacking his bread, making boss strikes, and climbing again to the highest of the monetary mountain. Nas positioned sixth on Forbes Cash Kings checklist final 12 months, raking in $35 Million. Nas’ Queensbridge Venture Partners agency is the primary supply of his bolstered earnings. QVP invested in house safety start-up Ring and on-line pharmacy PillPack, each of which had been scooped up by Amazon for $1 billion every.  Lyft, Dropbox, and Coinbase are just some of the opposite firms that QVP invested in that made Nas a ton of cash.

As reported by theWall Street Journal, QVP simply had one other main come up. Nas’ agency invested in Pluto, a video streaming service, and Viacom simply bought it for $340 million. Pluto offers customers over 100 streamable dwell TV channels and on-demand packages without cost. “Thanks for the nice and cozy welcome @Viacom,” wrote Pluto on Twitter. “We are so excited to hitch the household. With the ability Viacom, Pluto TV will speed up our mission of entertaining the planet.” There’s no phrase how a lot Nas is making off the deal, however we might count on a number of M’s to drop in his account from the deal.