In early 2021, BuzzFeed’s CEO, Jonah Peretti, had a problem. He wanted to take the digital media company — one of the defining players of the internet’s past 15 years — public through a Special ...

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 ...

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 News is shutting down after 11 years. In a memo sent to staff Thursday morning, BuzzFeed cofounder and CEO Jonah Peretti called the decision to fold BuzzFeed’s Pulitzer Prize–winning online ...

The digital media company BuzzFeed successfully sold its food property, First We Feast, to a consortium of investors Thursday morning for $82.5 million, effectively solving the short-term financial ...

BuzzFeed, once a defining name in viral internet culture, is warning investors it may not be able to survive. In its latest earnings report, the digital media company said there's "substantial doubt" ...

BuzzFeed is cutting roughly 35% of its workforce in its first major restructuring since media mogul Byron Allen bought a majority stake in the firm two months ago. The layoffs, outlined in a ...

Founded in 2011 under the umbrella of its listicle-and-quiz-obsessed parent website, and eternally beleaguered by accompanying cat-website jokes and that uppercase letter f, the newsroom grew quickly ...

Byron Allen, the founder of Allen Media Group, now holds the controlling stake in BuzzFeed after a deal valued at one hundred ...

On the day that Jonah Peretti, the C.E.O. of BuzzFeed, announced that he was closing BuzzFeed News, he held a video all-hands meeting with the site’s staff. The mood was sombre. Peretti was contrite. ...

In an open letter, CEO Jonah Peretti calls out TikTok and Meta for prioritizing AI tech over content and says people miss the mid-2010s "'beer and wine' era of the internet." By Mia Galuppo Senior ...