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BZFD News Highlights
- For BZFD, its 30 day story count is now at 8.
- Over the past 13 days, the trend for BZFD's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about BZFD are META, GOOGL and RELY.
Latest BZFD News From Around the Web
Below are the latest news stories about BUZZFEED INC that investors may wish to consider to help them evaluate BZFD as an investment opportunity.
Vice Media to Sell Itself as It Files for Bankruptcy
A group of creditors, including Soros Fund Management and Fortress, agreed to buy the former digital-media darling for about $225 million.
Vice files for bankruptcy amid digital media turmoil
Vice Media's bankruptcy filing comes as digital media companies grapple with high costs, widespread layoffs and declining valuations.
BuzzFeed, Inc. Hosts Investor Day, Outlines Strategic Vision for the Future of Digital Media
NEW YORK & LOS ANGELES, May 11, 2023--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.
Paramount to Shut Down MTV News After 36 Years
STOCKSTOWATCHTODAY BLOG Paramount Global will close down MTV News, once the go-to source for information about music and pop culture, as part of its most recent round of layoffs. The shutdown is part of plans to let go of 25% of staff across Showtime, MTV Entertainment Studios, and Paramount Media Networks, according to multiple reports.
Digital media landscape stuck between 'a soft ad market' and audience engagement concerns: Reporter
The Washington Post Media Reporter Elahe Izadi discusses the ever-changing digital media landscape as Tucker Carlson agrees to a deal with Elon Musk to air his show on Twitter after his departure from Fox News, and break down how the rise of AI generated content at BuzzFeed is impacting the future of digital advertising.
BuzzFeed, Inc. Announces First Quarter 2023 Financial Results
NEW YORK, May 09, 2023--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.
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BuzzFeed, Inc. to Participate in Upcoming Investor Conferences
NEW YORK, May 03, 2023--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.
Vice made promises it couldn't keep: Media Reporter
Vice, the media company once valued at $5.7 billion dollars, might be headed for bankruptcy, according to multiple reports. The company once vowed to be a disruptor to the media industry, but could not figure out a way to turn a profit. Washington Post media reporter Elahe Izadi says digital media organizations made the following claims early on, "We are the future of media. We can attract millennials, younger audiences, newspapers are dying, print is dying, and this is really the future and they sold this promise, and as we can see, they couldn't grow fast enough to make up for those promises, especially when we're now in an economic environment where the advertising industry and the and the advertising revenue has dropped off." Its potential downfall underscores the tough environment ...
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