Digital media publication BuzzFeed has struggled since going public in December 2021 via a special-purpose acquisition company.

BuzzFeed said media mogul Byron Allen has agreed to pay $120 million for a majority stake in the digital-media company. Allen, whose company Allen Media Group owns the Weather Channel and more than 30 ...

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Buzzfeed CEO Jonah Peretti said the company is shutting down its news division as part of a 15% workforce reduction affecting ...

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BuzzFeed News has published its last listicle. The parent company of the site that first gained popularity with lists such as “10 Important Life Lessons You Can Learn From Cats” — and also published ...

In the first major restructuring move of Byron Allen‘s ownership tenure, BuzzFeed Inc is set for a significant round of layoffs, with some 180 staffers to be given pink slips co ...

After BuzzFeed announced on Monday that Byron Allen is acquiring a majority stake for $120 million, former employees at the once-high-flying media darling are taking the news hard. Although stock rose ...

Billionaire Byron Allen bought a majority stake in BuzzFeed earlier this year. The media company, known for its eccentric videos and quizzes, is laying off 180 employees across all of its brands.

BuzzFeed News is shutting down, the once-iconic media brand’s founder and CEO Jonah Peretti announced in a company-wide memo on Thursday. “We are reducing our workforce by approximately 15% today ...

BuzzFeed News journalists voted to strike on Tuesday -- just days after the divison's top editor resigned. Getty Images for BuzzFeed Inc. The union representing journalists in BuzzFeed’s news division ...