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Netflix Bets on Short-Form Video Amid Viewer Exodus
Entertainment

Netflix Bets on Short-Form Video Amid Viewer Exodus
Netflix leans into digital publisher clips and higher ad plan pricing as audiences abandon buzzy originals after one season.
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Byron Allen Buys Controlling Stake in Buzzfeed, Steps in as CEO
Entertainment

Byron Allen Buys Controlling Stake in Buzzfeed, Steps in as CEO
In a $120 million USD deal, the TV mogul is taking over the digital publisher, with founder Jonah Peretti pivoting to head up “BuzzFeed AI.”
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Buzzfeed Sells First We Feast for $82.5 Million USD
Entertainment

Buzzfeed Sells First We Feast for $82.5 Million USD
‘Hot Ones’ host Sean Evans and First We Feast founder Chris Schonberger buy back the studio with the help of additional investors.
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BuzzFeed Sells Complex to NTWRK for $109 Million USD
Entertainment

BuzzFeed Sells Complex to NTWRK for $109 Million USD
After acquiring the media company for nearly $300 million USD less than three years ago.
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BuzzFeed Shutters News Unit, To Cut 15% of Staff
Entertainment

BuzzFeed Shutters News Unit, To Cut 15% of Staff
Approximately 180 employees are expected to be out of a job.
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