Buzzfeed Facing Being Struck Off
Last week, CityAM reported that Buzzfeed UK “is under fierce pressure from financial authorities for failing to produce its company accounts more than two months after the deadline.” Government agency...
View ArticleSky Teams Up with BuzzFeed for Overwhelmingly Left-Wing Election Night Programme
Sky News‘s ‘Election Social‘ programme on Thursday evening is set to be a corker. Co-organised by BuzzFeed, the show’s political balance is non-existent. Sky News’s Lewis Goodall and Roland Manthorpe...
View ArticleWhy BuzzFeed Doesn’t Make Money
Buzzfeed has never made a profit in 13 years, after being in business that long it is hard to claim you are still a start-up, or as they put it in a statement accompanying the late filing of the UK...
View Article5% to 25% Pay Cuts at Buzzfeed
Struggling Buzzfeed‘s CEO, Jonah Peretti, has emailed staff a memo telling them that there will be salary cuts at BuzzFeed and blaming the corona virus. The listicle loving digital-media company’s...
View ArticleAdvertising Buzz for Woke News Wore Off, Food for Millennials Now Brings in...
There is little point listing reasons why BuzzFeed UK failed, it certainly wasn’t anything to do with the team that produced the content nor even that Facebook algo change, though that won’t have...
View ArticleLosses Mount, Average Pay Rises at Buzzfeed
Buzzfeed’s accounts for last year were filed on Friday. In a listicle-style summary, here are the main points; Buzzfeed sold off the German operation. Buzzfeed shut the Spanish operation having failed...
View ArticleMerged BuzzHuff Said To Be Closing UK News Desk
Last month the left-leaning news site Huffington Post was taken over by Buzzfeed, another woke, money losing news website. It has immediately gone about cutting staff and closing divisions worldwide....
View ArticleBuzzfeed UK Saw Revenue Fall 16%, Losses of £4.2 Million
Buzzfeed UK’s 2020 results are out today; the group’s turnover was £18.9 million for the year, a decrease of 16% from £22.4 million in 2019. They blame “continued economic and political uncertainty”...
View ArticleConservative German Publishing Powerhouse Axel-Springer Buys Politico
Politico has been sold for $1 Billion to Axel-Springer, the German publisher of Bild – the Sun-like German tabloid – and Die Welt, among other titles. The firm had a reputation during the...
View ArticleBuzzFeed Misses Revenue Target By $123 Million
Before it IPO’d last year BuzzFeed told potential investors revenue in 2021 would reach $521 million and $1.1 billion by 2024, as a result of their “rapid scale and monetisation with a deep...
View ArticleBuzzfeed Stock Plummeted 40% Yesterday
Yesterday the stock dropped 40%, which means it has lost more than 80% of its investors’ money this year, on top of the billions it has suckered out of investors over the last decade. The drop prompted...
View ArticleBuzzfeed News Closing Down
It’s finally happened. Buzzfeed News is shutting down. In an internal memo sent to employees this afternoon, Buzzfeed CEO Jonah Peretti confirmed the flailing news site has run out of road, with 15% of...
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