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

Earnings data Q1 2022

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Earnings data Q3 2022

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Earnings data Q3 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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 (NASDAQ: BZFD) stock price is hovering near the lowest level on record as concerns about the digital media industry rose. The shares were trading at $0.5400, which is about 98% below its all-time high.

Buzzfeed stock price forecast as Vice Media files for bankruptcy

BuzzFeed Inc. (NASDAQ:BZFD ) Q1 2023 Results Conference Call May 9, 2023 5:00 PM ET Company Participants Amita Tomkoria - SVP of IR Jonah Peretti - Founder, Chairman & CEO Marcela Martin - President Felicia DellaFortuna - CFO Operator Good afternoon, and welcome to the BuzzFeed, Inc. First Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

BuzzFeed Inc. (BZFD) Q1 2023 Earnings Call Transcript

Buzzfeed Inc. BZFD, -3.10% shares popped in the extended session Thursday after the digital media company forecast adjusted metrics for the year and said it was using more AI in its content. Buzzfeed shares rallied more than 7% after hours, following a 3.1% decline to close the regular session at 54 cents a share.

Buzzfeed stock jumps 7% following forecast, AI blueprint announcement

NEW YORK & LOS ANGELES--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD) today hosted a virtual Investor Day featuring CEO Jonah Peretti, President Marcela Martin, CFO Felicia DellaFortuna, and other company leaders presenting their plans to transform the company and lead the digital media industry into the future. “We have reached another inflection point on the internet. We are here today to share the strategic and organizational changes we have made to transform our business and lead the digit.

BuzzFeed, Inc. Hosts Investor Day, Outlines Strategic Vision for the Future of Digital Media

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (“BuzzFeed” or the “Company”) (Nasdaq: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, today announced financial results for the first quarter ended March 31, 2023. “We have reached an inflection point in digital media. Over the last few months, we have made significant strategic and organizational changes to position the business for long-term growth. Adaptation is.

BuzzFeed, Inc. Announces First Quarter 2023 Financial Results

Ben Smith was BuzzFeed's editor-in-chief when it was at its peak. He explains how the groundbreaking site and its rivals changed the media – and sowed the seeds for their own demise

How the rivalry between Gawker and BuzzFeed drove a social media boom – and bust

Era of lofty valuations for upstart youth media appears to be over, with Vice ‘heading for bankruptcy' and BuzzFeed News shutting down

‘Like Icarus – now everyone is burnt': how Vice and BuzzFeed fell to earth

With the closure of BuzzFeed News and bankruptcy looming at Vice, the once promising world of free digital media finds itself at a crossroads, seeing ad revenues dry up at the same time as disappointed investors begin walking away.

BuzzFeed, Vice woes signal crisis in digital-only media

BuzzFeed was once the empty-calorie, sugary glue that held the internet together. In many ways, BuzzFeed was the perfect name for the peddler of inoffensive listicles and memes; there was a certain endorphin rush associated with coming across the perfect top-10 list for you.

Buzzfeed was valued in the billions

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (“BuzzFeed” or the “Company”) (Nasdaq: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, today announced that its Founder and CEO Jonah Peretti and President Marcela Martin will participate in a fireside chat at the upcoming Needham Technology & Media Conference on Tuesday, May 16, at approximately 9:30 AM ET. Additionally, Founder and CEO Jonah Peretti and Presid.

BuzzFeed, Inc. to Participate in Upcoming Investor Conferences

Vice Media, once valued at over $5.7 billion is preparing to file for bankruptcy as soon as this week. According to the Wall Street Journal, the bankruptcy comes after the company struggled to find a buyer recently.

As Vice Media files for bankruptcy, how safe is Buzzfeed stock?

BuzzFeed's stock has fallen below $1 per share and faces the prospect of delisting unless the stock recovers.

It might be Jonah Peretti's last chance to turn BuzzFeed around

Now a co-founder of Semafor, formerly of Politico, BuzzFeed and the New York Times, the author expertly pulls readers in

Traffic review: Ben Smith on Bannon, BuzzFeed and where it all went wrong

C3.ai

NVIDIA

Almost all artificial intelligence (AI) stocks have been hot in 2023 as speculation about the technology continues to drive hype around the businesses involved in AI development. New AI technology such as ChatGPT is indeed revolutionary, and people are still wondering what the implications are going forward since it can cut down on a lot of white-collar work and boost productivity.

3 AI Stocks to Dump Before the AI Craze Cools Down

Lyft

BuzzFeed, Lyft, Whole Foods and Deloitte all recently announced layoffs affecting thousands of US workers. They join a growing list of companies cutting back on their workforce this year amid concerns about economic uncertainty, as well as the need to rightsize after going on a hiring spree during the pandemic.

2023 layoff tracker: The latest on which companies have announced job cuts

Plus we look at Softbank unwinding its investment in Alibaba.

The News About BuzzFeed News Matters More Than You Might Realize

BuzzFeed Inc. (NASDAQ: BZFD) management took a beating as part of a new book by author and editor Ben Smith.

Penny Stock Buzzfeed Could Go Lower

The site will remain online as an archive, alongside the Gawker reboot, the Toast, and a host of other defunct outlets

The digital graveyard: BuzzFeed News joins sites hanging on in eerie afterlife

Netflix

AT&T

Here are seven major companies whose stocks moved on the week's news.

AT&T, Netflix, BuzzFeed: Stocks That Defined the Week

Two digital media organizations have reportedly made job cuts. Buzzfeed is shutting its news operation and eliminating 180 jobs, while Insider is cutting 10% of its staff, Bloomberg reported Thursday (April 20).

Buzzfeed and Insider Reportedly Cutting Jobs Amid Advertising Slowdowns

Pulitzer Prize winning digital media company BuzzFeed will shut down its news division and cut another 15% of its staff across the company, adding to layoffs made earlier this year.

BuzzFeed to close news division, cut 15% of all staff

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 social media had become too difficult to sustain.

BuzzFeed News Shutting Down

Buzzfeed CEO Jonah Peretti said the company is shutting down its news division as part of a 15% workforce reduction affecting 180 jobs.

Buzzfeed Shares Fall 20% After It Shuts Down News Business

In another sign of the disjointed economic recovery following the Covid-19 pandemic, internet media firm BuzzFeed (NASDAQ: BZFD ) is suffering a steep market loss today. According to a CNBC report, an internal memo revealed that the company will lay off 15% of its staff.

BuzzFeed Layoffs 2023: What to Know About the Latest BZFD Job Cuts

Buzzfeed Inc (NASDAQ:BZFD) has shut down its News division has been shut down as part of a move that saw its parent company slash 15% of its workforce Thursday.  BuzzFeed CEO Jonah Peretti announced the decision in an email to staff, according to reports.

News for Buzzfeed Stock (BZFD)