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

New York Metropolis, NY – Regardless of some messy youngster custody drama that may see Nas and Kelis again in courtroom this April, it seems that Nas is beginning 2019 f on a excessive monetary observe.

On Tuesday (January 22), Viacom bought Pluto TV streaming service — an organization that Nas invested in again in 2014 his Queensbridge Enterprise Companions agency — for $340 million, The Wall Street Journal reports.

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The platform, with its quite a few partnerships, fers customers greater than 100 streamable stay TV channels and on-demand programming totally free, with the potential to take the streams on the highway iOS or Android for a month-to-month price.

With regards to investing, Nas retains on successful. Since launching in 2014, his agency has made sizable investments (and seen hefty ROI) with manufacturers like Lyft, Dropbox, Coinbase, and even LANDR — an internet platform for mastering music for extremely affordable charges.

Most notably, residence safety start-up Ring and on-line pharmacy PillPack — each which QVP invested tens of millions into in 2014 — have been bought by Amazon for a $1 billion every.