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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NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (NASDAQ: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, will release its fourth quarter and full year 2022 financial results on Monday, March 13, 2023, after the market closes. BuzzFeed, Inc. Founder and CEO Jonah Peretti, President Marcela Martin and CFO Felicia DellaFortuna will host a conference call to discuss the results at 5:00 PM ET.

BuzzFeed, Inc. to Release Fourth Quarter and Full Year 2022 Financial Results on Monday, March 13, 2023

BuzzFeed — the media site that made its name (literally) spinning out viral content — landed in the middle of the buzz itself last month when news leaked out that it would partner with the AI startup of the moment, OpenAI, to build a new AI-powered quiz format, building on the media company's very popular

BuzzFeed launches Infinity Quizzes, creating personalized stories powered by OpenAI

Comcast

Comcast Corp. unloaded even more of its BuzzFeed Inc. stake in recent days, capitalizing on a surging share price for the publishing company.

Comcast continues to unload BuzzFeed stake after huge stock surge

Fintel reports that Comcast has filed a 13D/A form with the SEC disclosing ownership of 25.15MM shares of BuzzFeed Inc – Class A (BZFD).

Comcast Cuts Stake in BuzzFeed (BZFD)

Comcast Corp. has sold part of its stake in Buzzfeed Inc., which has seen its shares surge in recent days amid enthusiasm for the publisher's artificial-intelligence efforts.

Comcast sells nearly 6 million shares of its Buzzfeed stake amid sharp rally

BuzzFeed is still in its early days of experimenting with ChatGPT, and investors need to lower their expectations, Bank of America said.

ChatGPT writing BuzzFeed articles may reduce some costs for the media firm but it won't be as profitable as investors think, Bank of America says

Carvana

Two stocks that plummeted 98% and 87% in 2022 more than doubled in January.

2 Hot Stocks That Have Already More Than Doubled in 2023

BuzzFeed's stock was up 300% in less than a week. The recent news is not that significant, and the stock price's reaction seems very exaggerated.

BuzzFeed: Sell The Pop

The decision to use tech from ChatGPT maker OpenAI to produce content is part of BuzzFeed's broader cost-cutting strategy in a challenging economy.

BuzzFeed writers react with a mix of disappointment and excitement at news that AI-generated content is coming to the website

Applied UV

FOXO Technologies Inc.

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RedHill Biopharma

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The market's expectations were way too low.

Up Almost 300% So Far This Week, Is It Too Late to Buy BuzzFeed Stock?

BuzzFeed Inc. shares surged by a record on news that the digital-media company plans to use OpenAI to bolster some of its content creation.

BuzzFeed shares surge 120% on plans to embrace OpenAI

BuzzFeed Inc.'s stock soared another 73% on Friday to put it on track for a weekly gain of 283%, as analysts weighed in on news relating to a partnership with Facebook and artificial-intelligence initiatives with some bullish comments.

BuzzFeed's stock soars another 73% as analysts weigh in on AI shift and Meta deal

Shares of Buzzfeed (NASDAQ: BZFD ) stock have been cleared for takeoff. Earlier this week, the media and entertainment company announced that it would begin using OpenAI's publicly available application programming interface (API) to assist with creating content, such as interactive quizzes.

5 Investors Betting Big on BuzzFeed (BZFD) Stock Right Now

BuzzFeed will use AI tools to personalize its quizzes and other content based on the user.

BuzzFeed stock surges on plan to use ChatGPT parent OpenAI to create online content

Buzzfeed (NASDAQ: BZFD ) stock is rising on Friday on reports that the company will use AI to generate content. According to an internal memo, Buzzfeed is planning to make use of OpenAI, the owner of ChatGPT, for content creation.

Why Is Buzzfeed (BZFD) Stock Up Today?

Insider's Phil Rosen explains why shares of the media company popped Thursday and how artificial intelligence is involved.

ChatGPT is about to write BuzzFeed content - and investors are loving it

ComSovereign Holding

MicroAlgo Inc

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The digital media publisher announced cuts to its news division last year in an effort to boost profitability.

Buzzfeed stock surges 200% on plans to use OpenAI to write stories

The company, whose stock famously fell more than 90% within its first year of going public, plans to use artificial intelligence to improve its quizzes.

BuzzFeed Shares Shoot Up Nearly 200% As Company Goes All In On ChatGPT Craze

Trading at a dirt cheap valuation, it didn't take much to send this stock flying.

Why BuzzFeed Stock More Than Doubled Today

CEO Jonah Peretti said the publisher would use the technology to make more comprehensive quizzes and interactive content.

BuzzFeed to Use ChatGPT Creator OpenAI to Help Create Some of Its Content

Buzzfeed's shares soar as $10M deal with Facebook owner Meta creates a buzz

BuzzFeed Inc. stock BZFD, +134.61% rallied more than 90% on Thursday, after the Wall Street Journal reported that the news site is planning to rely on ChatGPT creator OpenAI to enhance its quizzes and generate other personalized content for its audiences. The paper cited a memo to staff from publisher Jonah Peretti who said he is planning to use more AI in the company's editorial and business operations in 2023.

News for Buzzfeed Stock (BZFD)