CNN buys Casey Neistat's "Beme" app for $25,000,000Posted:

Tywin
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CNN has acquired video-sharing startup Beme, a social media app launched last year by popular YouTube star Casey Neistat, the cable-news network announced Monday.

While the deal will bring the apps video technology to CNN, it will also allow the news company to tap into Mr. Neistats large, young digital audience. The deal is valued at about $25 million, according to people familiar with the matter.


Source: wsj.com/articles/cnn-buys-casey-n...1480353128


No wonder he stopped the vlog lol
#2. Posted:
Decy
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Lavish wrote
CNN has acquired video-sharing startup Beme, a social media app launched last year by popular YouTube star Casey Neistat, the cable-news network announced Monday.

While the deal will bring the apps video technology to CNN, it will also allow the news company to tap into Mr. Neistats large, young digital audience. The deal is valued at about $25 million, according to people familiar with the matter.


Source: wsj.com/articles/cnn-buys-casey-n...1480353128


No wonder he stopped the vlog lol


Yeah looks like he is selling up and retiring.
#3. Posted:
Earn
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I'm surprised it went for that amount, didn't really have a lot of active users on it. Good for Casey Neistat though, always good to see a youtuber branch out from youtube on different projects.
#4. Posted:
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That's insane amount of money, god damn. All the best with CNN with his app.
#5. Posted:
OP
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25 Million. Good for him, damn.
#6. Posted:
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thats a hella load of money made off an app over a short time
#7. Posted:
Mickers
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Nice little profit!

Congrats on selling it for so much wow.

See what happens with it in the future.
#8. Posted:
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Damn 25 million that's pretty good.
#9. Posted:
NinetySix
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Decy wrote
Lavish wrote
CNN has acquired video-sharing startup Beme, a social media app launched last year by popular YouTube star Casey Neistat, the cable-news network announced Monday.

While the deal will bring the apps video technology to CNN, it will also allow the news company to tap into Mr. Neistats large, young digital audience. The deal is valued at about $25 million, according to people familiar with the matter.


Source: wsj.com/articles/cnn-buys-casey-n...1480353128


No wonder he stopped the vlog lol


Yeah looks like he is selling up and retiring.


I think the response he got back from the who I'm voting for video may have also been the reason.
#10. Posted:
THQ
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I hope this is a massive flop and they just lost every penny. Hate news outlets like CNN who twist people up for views
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