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A little over a decade after BuzzFeed News came to life, BuzzFeed CEO Jonah Peretti’s willingness to run a prestigious but money-losing news division has run out. In a memo to staff on Thursday, ...
BuzzFeed rode a wave of VC investment to become a force, but never found a path to profitability. Now it faces a fate like other failed digital-media darlings of the past. BuzzFeed CEO Jonah Peretti ...
BuzzFeed News has published its last listicle. The parent company of the site that first gained popularity with lists such as “10 Important Life Lessons You Can Learn From Cats” — and also published ...
BuzzFeed News, a pioneer of the digital news landscape over the past decade, will shut down, the company’s CEO said in a memo to staff Thursday morning, noting the business model of news tailored for ...
After BuzzFeed announced on Monday that Byron Allen is acquiring a majority stake for $120 million, former employees at the once-high-flying media darling are taking the news hard. Although stock rose ...
BuzzFeed is reorienting and shrinking its news division as the digital media company best known for its lighthearted lists and quizzes strives to increase its profitability. The New York-based company ...
BuzzFeed’s revenue is in free fall, and the company is counting on the robots to save it. Q2 revenue was down 27% YOY to $77.9 million from $106.8 million. In fact, all three of BuzzFeed’s main ...
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