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Buzzfeed sold the First We Feast media company behind the “Hot Ones" podcast series to an affiliate group of Soros Fund Management on Thursday for $82.5 million.
Vice Media, the parent company of notable assets like Vice News, Vice TV, Refinery29 and Motherboard, filed for bankruptcy on Monday as digital media companies from Buzzfeed to Insider grapple ...
BuzzFeed had acquired First We Feast in 2021 as part of its $198 million in cash and 2.5 million split-adjusted shares of equity. 'Hot Ones' has become one of the internet's most popular talk ...
BuzzFeed News was a finalist for the 2018 Goldsmith Prize for Investigative Reporting. [73] In 2021, BuzzFeed News won the Pulitzer Prize for International Reporting for its coverage of the Xinjiang internment camps as a part of China's campaign against the Muslim Uyghurs. [74] [75] BuzzFeed News was a member of the White House press corps. [76]
In 2022, shareholders urged Peretti to shut down BuzzFeed News; two anonymous sources told CNBC that BuzzFeed News lost about $10 million annually. [28] On April 20, 2023, BuzzFeed under Peretti laid off 15% of its staff and shut down the BuzzFeed News division. In an email to staff on April 20, Peretti stated that the company overinvested in ...
BuzzFeed, Inc. is an American Internet media, news and entertainment company with a focus on digital media.Based in New York City, [2] BuzzFeed was founded in 2006 by Jonah Peretti and John S. Johnson III to focus on tracking viral content.
Buzzfeed announced that it sold First We Feast, the food and pop culture entertainment brand behind the popular "Hot Ones" YouTube show, for $82.5 million.
The FinCEN Files are documents from the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN), that have been leaked to BuzzFeed News and then shared with the International Consortium of Investigative Journalists (ICIJ), and published globally on 20 September 2020.