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.

Earnings data Q4 2021

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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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Former US presidential candidate Vivek Ramaswamy has reportedly urged Buzzfeed Inc (NASDAQ:BZFD) to overhaul its operations after increasing his stake in the company to 8.3%. He recommends cutting staff, focusing on video, and hiring new voices like former Fox News host Tucker Carlson.

Vivek Ramaswamy reportedly moots overhaul for BuzzFeed

Vivek Ramaswamy has called on digital media firm, BuzzFeed, to cut staff, invest in its audio and video capabilities, and hire high-profile “content creators” like Candace Owens and Tucker Carlson, in a letter to the media company's board.

Vivek Ramaswamy calls on BuzzFeed to cut staff and hire ‘top talents' like Tucker Carlson

Investor and former Republican presidential candidate Vivek Ramaswamy has laid out his plans for BuzzFeed. He envisions turning the company into a Twitter/X-style user-generated content company.

Vivek Ramaswamy has a plan for BuzzFeed. There's just one problem.

Jonah Peretti, the founder and CEO of BuzzFeed, has rebuffed most of Ramaswamy's asks, according to reports.

Vivek Ramaswamy demands BuzzFeed hire Bill Maher, Tucker Carlson, Charles Barkley and Aaron Rodgers

BuzzFeed (NASDAQ: BZFD ) is among the media stocks that have come back to life in recent months. Indeed, shares of BZFD stock have surged from a low of less than 70 cents earlier this year to around the $3 level today.

Vivek Ramaswamy Takes BuzzFeed (BZFD) Higher Again

Vivek Ramaswamy, who disclosed a big stake in BuzzFeed last week, sent a letter to the online publisher's board of directors asking for major changes from staffing and focus to the board makeup as well as an apology for previous reporting.

New BuzzFeed Investor Vivek Ramaswamy Asks For Big Changes & Apology

CEO Jonah Peretti pushed back on rightwing Trumpist, saying he had ‘fundamental misunderstandings' about the business

Vivek Ramaswamy uses Buzzfeed stake to demand staff cuts, conservative hires

BuzzFeed's board received a detailed letter from investor and shareholder Vivek Ramaswamy about the need for change at the media outlet, which he says has "lost its way."

Vivek Ramaswamy targets BuzzFeed: Read his full letter here

Vivek Ramaswamy has issued a seven-page letter to BuzzFeed, urging the media company to add three more board seats and adapt its business model to survive amid a decimated market value.

Vivek Ramaswamy pushes for BuzzFeed board seats, says company has lost its way

Entrepreneur Vivek Ramaswamy has taken a 7.7% stake in BuzzFeed, according to a filing from the Securities and Exchange Commission (SEC). The former Republican presidential candidate's SEC filing revealed the acquisition came between March 14 and May 21, making up 2.7 million shares. Costs of the shares ranged anywhere between $1.54 and $2.

Vivek Ramaswamy Buys Stake In BuzzFeed, Stock Price Jumps On News

Wall Street has countless stories of investors acquiring stakes in companies for which they seem like very bad fits—Bill Gates investing in Waste Management, America's leading garbage company; Warren Buffett getting into American Airlines, Delta, United, and Southwest a few years after calling the airline business a “death trap.” Yet Republican high-haired former presidential hopeful-turned-Trump campaigner Vivek Ramaswamy jumping into bed with left-leaning, listicle-heavy BuzzFeed is still likely to cause a double take.

Vivek Ramaswamy spent $3.3 million to buy 8% of BuzzFeed. How much damage could he do with that stake?

Vivek Ramaswamy ran a failed campaign for the Republican presidential nomination. Now he owns 7.7% of BuzzFeed, the struggling digital media publisher.

4 totally unverified theories about Vivek Ramaswamy and BuzzFeed

Entrepreneur and possible Trump running mate Vivek Ramaswamy bought nearly 3 million shares of Buzzfeed in recent months, giving him a 7.7% stake in the struggling media company and making him the fourth largest investor—leading Buzzfeed's share price to spike.

Buzzfeed Shares Soar As Vivek Ramaswamy Becomes 4th-Largest Shareholder

After failing to become President of the United States, Vivek Ramaswamy has decided to turn his attention to a new venture. Indeed, the former Republican candidate has acquired an activist stake in BuzzFeed (NASDAQ: BZFD ) and BZFD stock.

Vivek Ramaswamy Is Betting Big on BuzzFeed (BZFD) Stock

One person has bought shares of BuzzFeed for two months and owns a stake large enough to be disclosed. This investor wants to talk to management about maximizing shareholder value.

Why BuzzFeed Stock Skyrocketed Today

The Former Republican presidential candidate said the stock is undervalued, and heis looking to speak with Buzzfeed's board and management.

Vivek Ramaswamy takes 7.7% stake in Buzzfeed, sending shares soaring

The former Republican presidential candidate invested in the media company intending to ‘shift its strategy'

Vivek Ramaswamy acquires 7.7% activist stake in BuzzFeed

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Anti-woke crusader Ramaswamy builds stake in BuzzFeed

Shares of BuzzFeed Inc. soared on heavy volume Wednesday, after the Vivek Ramaswamy, a former presidential candidate, disclosed that he took a large equity stake in the digital news service.

Vivek Ramaswamy bought a bunch of BuzzFeed stock, to spark a big rally

GOP presidential hopeful Vivek Ramaswamy had a successful career as an entrepreneur and is now devoting some of his wealth to the struggling media outlet.

Vivek Ramaswamy goes activist with Buzzfeed stake, seeks strategic 'shift'

A major part of BuzzFeed CEO Jonah Peretti's compensation will now be in stock options, the digital media firm said on Friday, amid efforts to boost the adoption of artificial intelligence to speed up a turnaround.

News for Buzzfeed Stock (BZFD)