3 to read: BuzzFeed sells slice for $200m | Twitter expands DM length | Facebook live streams

By Matt Carroll <@MattatMIT>

Aug. 18, 2015: A trio of news media stories, videos, and data viz compiled weekly. Get notified via email? Email 3toread (at) gmail.com.

  1. BuzzFeed looks at TV, film: BF founder Jonah Peretti says NBC Universal’s $200m stake in the company allows them to go deeper into TV and film, as well as build out their foreign ventures, particularly in Japan. btw, this equity sale comes after Peretti made it clear in a staff meeting that he wants to stay independent: “I don’t want to sell to anyone.” (Plus: Jonah doesn’t think unions are a good fit at BF.)
  2. Twitter makes an exception to 140 characters: Twitter has set its character limit for tweets and DMs at 140 since it began. No more. Responding to requests (or maybe complaints), DMs can now be 10,000 characters long. So if you want to DM your novel to your agent, feel free.
  3. Facebook tries live streaming: Facebook is diving into live streaming, perhaps inspired (or wary of) Twitter’s live streaming experiment called “Lightning”, which will debut this fall.