You will be redirected back to your article in seconds

NBC invests in H’wood Stock

Peacock web, hsx.com ink multimillion-dollar deal

NBC said Thursday that it has acquired a minority stake in online film and music trading game the Hollywood Stock Exchange.

Although both companies declined to disclose the multimillion-dollar figure invested, NBC said it will promote the site across its Web ventures, which include portal Snap.com, NBC.com and MSNBC.com.

NBC will, for example, create an Entertainment Trading Center for Snap.com and Access Hollywood.com.

HSX will also receive ad time on NBC, beginning later this month.

In return, Santa Monica-based HSX will create content for the Web sites. HSX already supplies content to syndie entertainment mag “Access Hollywood,” including a “Hollywood Stock Exchange Market Update” segment in which HSX co-founder Max Keiser discusses trends and topics based on the market action on the exchange.

On the HSX site, nearly 800,000 Netizens buy and sell virtual stock in celebrities, movies and music properties online using so-called Hollywood dollars.

“We couldn’t be more pleased about this transaction, which continues to demonstrate just how NBC broadcast television and the Internet can work together in complementary ways,” said Marty Yudkovitz, prexy of NBC Interactive.

More Biz

  • THE TONIGHT SHOW STARRING JIMMY FALLON

    Childish Gambino Signs With RCA, New Music on the Way

    NBC said Thursday that it has acquired a minority stake in online film and music trading game the Hollywood Stock Exchange. Although both companies declined to disclose the multimillion-dollar figure invested, NBC said it will promote the site across its Web ventures, which include portal Snap.com, NBC.com and MSNBC.com. NBC will, for example, create an […]

  • --FILE--Wang Jianlin, Chairman of Dalian Wanda

    Wanda Reports Nearly 11% Revenue Drop in 2017

    NBC said Thursday that it has acquired a minority stake in online film and music trading game the Hollywood Stock Exchange. Although both companies declined to disclose the multimillion-dollar figure invested, NBC said it will promote the site across its Web ventures, which include portal Snap.com, NBC.com and MSNBC.com. NBC will, for example, create an […]

  • Sag Awards Preview

    How to Watch SAG Awards 2018 Online

    NBC said Thursday that it has acquired a minority stake in online film and music trading game the Hollywood Stock Exchange. Although both companies declined to disclose the multimillion-dollar figure invested, NBC said it will promote the site across its Web ventures, which include portal Snap.com, NBC.com and MSNBC.com. NBC will, for example, create an […]

  • Women's March rallyWomen's March rally, New

    Celebrities Champion LA, NYC Women's Marches: 'March On, My Sisters!'

    NBC said Thursday that it has acquired a minority stake in online film and music trading game the Hollywood Stock Exchange. Although both companies declined to disclose the multimillion-dollar figure invested, NBC said it will promote the site across its Web ventures, which include portal Snap.com, NBC.com and MSNBC.com. NBC will, for example, create an […]

  • L.A. Women's March: Scarlett Johansson, Viola

    Viola Davis, Scarlett Johansson, Others Rally Thousands at Los Angeles Women's March

    NBC said Thursday that it has acquired a minority stake in online film and music trading game the Hollywood Stock Exchange. Although both companies declined to disclose the multimillion-dollar figure invested, NBC said it will promote the site across its Web ventures, which include portal Snap.com, NBC.com and MSNBC.com. NBC will, for example, create an […]

More From Our Brands

Access exclusive content