Technology company and social video sharing app Beme, which was created by co-founder and YouTube star Casey Neistat has been purchased by CNN but will close down on 31st January 2017.
It has been widely reported over the last day or so that the app has been sold to CNN for a reported $25m. In the latest video on YouTube by Neistat he explains that CNN aren’t technically purchasing Beme, they are purchasing Neistat, his business partner and the Beme team.
Neistat explains that his team and CNN will be working on a new technology company but they don’t know what they will be working on yet.
Good luck to Casey and his team and we are looking forward to what CNN and his team have plans for.
Check out Casey Neistat’s latest video here…