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BuzzFeed

BuzzFeed

BuzzFeed is digital media and technology company delivering news and entertainment content.

BuzzFeed is an independent digital media company that is providing news and entertainment to several millions of people around the world. It is a company that leverages data and innovation to reach out to hundreds of millions of people all around the world.

BuzzFeed's massive cross-platform network includes: BuzzFeed Originals, which creates articles, lists, quizzes, and videos; BuzzFeed Media Brands, which comprises of a portfolio of identity-driven lifestyle brands including Nifty, Goodful, As/Is, and Tasty, the world’s largest social food network; BuzzFeed Studios, which produces original content across broadcast, cable, SVOD, film and digital platforms; and BuzzFeed News and HuffPost, which include world-class reporting and investigative journalism. The company also includes BuzzFeed Commerce, which develops products and experiences, as well as licensing and other strategic partnerships.

BuzzFeed operates a global news organization that is headquartered in New York and an entertainment studio that is based in Los Angeles, with global offices in many countries around the world. Its best work creates authentic audience engagement that fosters real-world impact, like Yanny vs. Laurel, Tasty, the infamous exploding watermelon, award-winning investigations from BuzzFeed News, and its staple lists and quizzes.

On the 29th of November 2021, BuzzFeed’s stock opened up 14 percent at $10.95 but reversed course to trade at $8. By mid-afternoon, the company's shares were down by 7 percent.

Timeline

November 29, 2021
BuzzFeed's stock opens at 14 percent at $10.95 but reverses course to trade at $8
June 24, 2021
BuzzFeed announces plans to become a publicly traded company through a special purpose acquisition company that could value $1.5B.
November 19, 2020
BuzzFeed strikes a deal to acquire HuffPost in a stock deal with Verizon Media.
November 19, 2020
Verizon Media and BuzzFeed signs a new strategic partnership across content and advertising, including the acquisition of HuffPost, a media platform for news, commentary, entertainment, features, and lifestyle content.

January 1, 2020
BuzzFeed raises a $50,000,000 convertible note.
November 18, 2016
BuzzFeed raises a $200,000,000 series G round from NBCUniversal.
August 18, 2015
BuzzFeed raises a $200,000,000 series E round from NBCUniversal.
August 10, 2014
BuzzFeed raises a $50,000,000 series E round from Andreessen Horowitz.
January 3, 2013
BuzzFeed raises a $19,300,000 series D round from Hearst Ventures, New Enterprise Associates and RRE Ventures.
January 9, 2012
BuzzFeed raises a $15,500,000 series C round from Hearst Ventures, New Enterprise Associates and RRE Ventures.

Funding Rounds

Acquisitions

Patents

Further Resources

Title
Author
Link
Type
Date

News

Title
Author
Date
Publisher
Description
September 16, 2021
mint
Internal memos show how a big 2018 change rewarded outrage and that CEO Mark Zuckerberg resisted proposed fixes
August 18, 2021
mint
Chief Executive Jonah Peretti of BuzzFeed signed off on terms that could put more pressure on the company if its shares don't rise. He is confident investors will be pleased with the results.
Edmund Lee and Lauren Hirsch
July 27, 2021
www.nytimes.com
The digital media companies that once seemed to have a lock on the future are making plans to get bigger and pay back their investors.
WIRED
July 25, 2021
Ars Technica
Until it offers privacy by default, it remains a liability for many of its users.
Kashmir Hill
July 21, 2021
www.nytimes.com
The facial-recognition start-up closed a Series B financing round. It faces multiple lawsuits challenging its business model.
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References

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