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

Pluto TV, a company that Nas is an investor in, recently was acquired by Viacom for a whopping $340 million.

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

On Tuesday (January 22), Viacom purchased Pluto TV streaming service — a company that Nas invested in back in 2014 via his Queensbridge Venture Partners firm — for $340 million, The Wall Street Journal reports.

The platform, with its numerous partnerships, offers users more than 100 streamable live TV channels and on-demand programming for free, with the capability to take the streams on the road via iOS or Android for a monthly fee.

When it comes to investing, Nas keeps on winning. Since launching in 2014, his firm has made sizable investments (and seen hefty ROI) with brands like Lyft, Dropbox, Coinbase, and even LANDR — an online platform for mastering music for incredibly reasonable rates.

Most notably, home security start-up Ring and online pharmacy PillPack — both of which QVP invested millions into in 2014 — were purchased by Amazon for a $1 billion each.