Buzzfeed

Buzzfeed, Inc. is an independent digital media company, which engages in engagement, distribution, and leveraging data. Its cross-platform network includes BuzzFeed Originals, which creates articles, lists, quizzes, and videos, BuzzFeed Media Brands, which consists of a portfolio of identity-driven lifestyle brands including Nifty, Goodful, As/Is, and Tasty, a social food network, BuzzFeed Studios, which produces original content across broadcast, cable, SVOD, film and digital platforms, and BuzzFeed News and HuffPost, which include reporting and investigative journalism, and BuzzFeed Commerce, which develops products and experiences, as well as licensing and other strategic partnerships. The company was founded by Jonah Peretti and John Johnson in November 2006 and is headquartered in New York, NY.

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Buzzfeed faces revenue decline in Q1 but eyes programmatic growth

Buzzfeed's Q1 2024 earnings call emphasized a mixed performance with a focus on AI-led media, direct traffic growth, and revenue stabilization efforts. The company is addressing challenges in advertising and commerce revenues while eyeing opportunities in programmatic advertising growth and cost savings from restructuring.

Buzzfeed reports Q2 growth, focuses on audience engagement and profitability

Buzzfeed's Q2 performance showcased revenue growth, improved EBITDA, and a strategic shift towards deeper audience engagement on owned platforms.
While facing challenges in debt management and cost optimization, the company aims to stabilize its business, return to growth, and enhance profitability.
Opportunities lie in continued innovation, audience loyalty, and cash balance stability, positioning Buzzfeed for sustainable growth and value creation.

Buzzfeed reports Q3 growth, focuses on stability and profitability

Buzzfeed's Q3 2024 performance reflects growth in audience engagement and revenue, with a focus on stabilizing operations and driving profitability. The company's emphasis on financial health and future growth sets a positive trajectory despite potential challenges in a competitive market.

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BuzzFeed Inc. BZFD, +3.13% said it expected revenue to decline in the current quarter, and it is reducing its workforce by 1.7%, as the digital-media business issued its first earnings report as a publicly-traded company.

The Wall Street Journal: BuzzFeed News Editor in Chief to step down as company makes staff cuts

The editor-in-chief of BuzzFeed News and two of his top deputies have reportedly resigned in the latest sign of turmoil at the cash-strapped company.

Top BuzzFeed editors quit as CEO ‘pressured to close entire news division'

Meta's core Facebook app has been pressured to keep up with competitors, including its own Instagram and the fast-growing TikTok.

BuzzFeed says people are spending less time on Facebook

Jonah Peretti, founder and CEO of digital publisher BuzzFeed announced plans to downsize its news business amid the departure of several editors. Companywide workforce reductions at the digital publisher, which went public last year via a SPAC deal, will impact about 1.7% of its total workforce including small cuts at both BuzzFeed Video and Complex...

BuzzFeed Scaling Back In News As Several Editors Depart, Some Layoffs Planned

Mark Schoofs, the site's editor in chief, is among the departures. The company's chief executive said BuzzFeed News would need to “prioritize the areas of coverage our audience connects with the most.

BuzzFeed News Top Editor Mark Schoofs to Leave Ahead of Newsroom Cuts

Digital-media publisher BuzzFeed Inc. said it expects reported revenue to grow by about 30% in the current quarter.

Dow Jones Newswires: BuzzFeed expects 30% revenue growth in the first quarter

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. Announces Full Year 2021 and Fourth Quarter Financial Results

BuzzFeed, Inc. Announces Full Year 2021 and Fourth Quarter Financial Results

BuzzFeed's next act will require turning its tech start-up roots into a large media company on a landscape that continues to be disrupted.

BuzzFeed is now a public stock, but can it build a long-term digital media winner?

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NEW YORK--(BUSINESS WIRE)---- $BZFD--BuzzFeed, Inc. (NASDAQ: BZFD), home to the best of the Internet, will release fourth quarter and full year 2021 financial results on Tuesday, March 22, 2022 before the market opens. In conjunction with the release, BuzzFeed, Inc. Founder and CEO Jonah Peretti and CFO Felicia DellaFortuna will host a conference call to discuss the results. The conference call will be held at 8:30 AM ET, after results are released. The call will be available via webcast at investors.buz

BuzzFeed, Inc. To Release Fourth Quarter And Full Year 2021 Financial Results on Tuesday, March 22, 2022

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BuzzFeed Inc (NASDAQ: BZFD) hired Melanie Summers, previously a chief brand officer of content licensing company Driver Studios, to the role of SVP of consumer products effective January 10, AdWeek reports. Summers will lead global brand licensing and product development efforts at BuzzFeed, which officially includes Complex Networks.

BuzzFeed Ropes In Melanie Summers From Driver Studios As SVP, Consumer Products

BuzzFeed Inc on Thursday named Christian Baesler as chief operating officer, filling a role that has remained vacant for over seven years just a month after the digital media company's disappointing debut on the Nasdaq.

BuzzFeed names Christian Baesler as COO

NEW YORK--(BUSINESS WIRE)---- $BZFD--Jonah Peretti, Founder and CEO of BuzzFeed, Inc. (NASDAQ: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generation the world has ever seen, today named Christian Baesler as Chief Operating Officer. Baesler, who will continue to serve as CEO of Complex Networks, joined BuzzFeed, Inc. when BuzzFeed, Inc. became a public company and acquired Complex Networks last month. Baesler brings a wealth of operational experienc

Christian Baesler Named Chief Operating Officer of BuzzFeed, Inc.

7 Reasons BuzzFeed's Debut Crashed This Week

BuzzFeed's success will grease the wheels for consolidation, but even a middling performance by the company will help give rivals a needed valuation comparison.

Why BuzzFeed's poor debut doesn't necessarily spell bad news for new media

Most of Buzzfeed's private equity funders chose to cash out when they could. The digital media company raised most of its money with convertible stock, which is rapidly falling in value.

Buzzfeed Lands on NASDAQ With a Thud

BuzzFeed has gone public, making it the first publicly traded purely digital media company. BuzzFeed went public via a merger with a SPAC that suffered a spate of investor withdrawals on the eve of BuzzFeed's listing.

BuzzFeed Needs To Scale To Grow And Be Profitable

The speed and depth of the decline in BuzzFeed's stock may in part be because there is a small number of shares available to trade.

BuzzFeed Stock Drops Nearly 24 Percent

BuzzFeed Inc, the digital media company, plummeted over 22% on its first day as a listed company after merging with special purpose acquisition company (SPAC) 890 5th Avenue Partners Inc. Trading under the ticker ‘BZFD', the shares began trading at US$10.99 after the merger and spiked 33% to US$14.62 before investors jumped ship, with the price closing the session at US$8.56.

BuzzFeed has a first day to forget

The company saw a wave of investor withdrawals before it went public, the Wall Street Journal found.

BuzzFeed falls 11% in trading debut after going public in merger with blank check firm

Shares of BuzzFeed plunged as much as 17 percent in their Nasdaq debut on Monday, after its merger with a blank-check company was hit by a flurry of investor withdrawals last week

BuzzFeed shares sink in IPO after spooked investors rock SPAC merger

BuzzFeed started strong in its trading debut but it was just as quick to fall. Here's what you should know about evaluating BZFD stock.

News for Buzzfeed Stock (BZFD)