What Is NBC's New News Strategy on Snapchat?

July 19, 2017
by
TechCrunch
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What Is NBC's New News Strategy on Snapchat?

TL;DR

NBC News has launched a twice-daily headline news show on Snapchat called 'Stay Tuned' to connect with younger viewers who prefer online news. The show features 2-3 minute segments on national and international stories, aiming to provide important context for each topic. This move reflects a larger trend among traditional news outlets adapting to the digital landscape.

Transcript

Tim Draper invests in an Iron Man suit company NBC launches news broadcast for Snapchat and soft bank is Venture Capital it's Wednesday July 19th and this is crunch report yo what up it's the middle of the week you grinding you hustling well keep it up in the meantime here's the news those damn Millennials ruin everything they don't want to buy hou... Read More

Key Insights

  • 📰 Traditional news outlets are adapting to younger audiences' preference for online news consumption, evident in NBC's launch of a news broadcast on Snapchat.
  • ✋ Investment from high-profile individuals like Tim Draper can provide significant support and funding for innovative startups, such as Gravity's Iron Man-like suit.

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Questions & Answers

Q: How does NBC's news broadcast on Snapchat aim to connect with younger viewers?

The news broadcast, called "Stay Tuned," features short segments on top national and international stories, explaining their importance and providing context. It aims to cater to viewers who no longer rely on traditional television for news.

Q: What is unique about Gravity's flight suit, and how will the investment from Tim Draper be used?

Gravity's flight suit combines body-mounted miniaturized jet engines with an exoskeletal suit, allowing the pilot to vertically take off and fly. Tim Draper's investment will fund the development of the suit's second version and further advancements in its technology.

Q: What startups did Soft Bank invest in, and how much funding did they receive?

Soft Bank invested $114 million in Brain Corp, a company focused on autonomous robots, $159 million in n, which specializes in autonomous driving data platform, and $200 million in Plenty, an indoor farming solution.

Q: Can Soft Bank potentially dominate the venture capital sector based on their recent investments?

While Soft Bank's investments have been significant, it is unlikely that they could scale to encompass the entire venture capital sector. However, their hunger for investment opportunities is evident.

Summary & Key Takeaways

  • NBC News is introducing a twice-daily headline news show on Snapchat called "Stay Tuned" to reach younger audiences who consume news online.

  • Tim Draper has invested $650,000 in Gravity, a company that created an Iron Man-inspired flight suit, to develop its technology further.

  • Soft Bank has invested in three startups, including Brain Corp, n, and Plenty, providing significant funding for their growth and development.


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