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BuzzFeed Revenue Rises as Plans to Go Public Stay on Track

BuzzFeed says that its revenue rose by more than 50 percent in Q2 of 2021, reflecting improvements in the advertising and ecommerce spaces. In a revised filing with the SEC, the digital…

Vice Raises $135M in Funding From James Murdoch Firm, Existing Investors

Vice Media’s dreams of going public appear to be on hold for the time being, with the company choosing instead to raise $135 million from some of its existing investors, including James…

BuzzFeed and Vice Media’s Next Pivot: “Last Resort” Efforts to Go Public

During the venture capital-funded digital media boom of the 2010s, startup founders often voiced world-conquering ambitions. In 2014, Vice Media co-founder Shane Smith bragged: “We won’t be the…

BuzzFeed Going Public, Valued At $1.5B In SPAC Merger

Digital media giant BuzzFeed is merging with a special purpose acquisition company (SPAC) and going public in a bid to roll up and consolidate some of the digital media industry. The deal will…

Coverage of America’s Racial Reckoning and COVID-19 Lead 2021 Pulitzer Prize Class

The 2021 Pulitzer Prizes were awarded by Columbia University on Friday, with two major stories present across the list of winners: the novel coronavirus pandemic and coverage of the police…

Disney Consumer Products Hits $54.7B in Retail Sales as Top Global Licensor of 2018

The Walt Disney Co.'s Disney Consumer Products unit has repeated as the top licensor in the world in 2018 with $54.7 billion in retail sales of licensed merchandise worldwide, according to an annual…

Kenneth Lerer Stepping Down as BuzzFeed Chairman

Kenneth Lerer is stepping down from his post as chairman of BuzzFeed after more than a decade with the digital publisher.

Former BuzzFeed Exec Mark Jafar Joins Imax as Global Communications Head (Exclusive)

Imax has hired former Buzzfeed and Viacom PR exec Mark Jafar to help market the giant-screen exhibitor as its own movie-tech brand.

BuzzFeed Rethinks Hollywood Strategy, Names New Studios Chief (Exclusive)

BuzzFeed has tapped Cindy Vanegas-Gesuale to lead its studios division.

Lauren Dolgen Lands at Paramount Network After Departing BuzzFeed Studios

Lauren Dolgen is jumping from BuzzFeed Studios to Paramount Network. The veteran entertainment executive has joined the one-year-old Viacom channel as senior vp unscripted development and production.

BuzzFeed Video Architect Ze Frank to Exit (Exclusive)

Ze Frank, a key architect of BuzzFeed's entertainment arm who has served as chief research and development officer for the last year, is stepping down from his role, CEO Jonah Peretti announced in a…

BuzzFeed to Lay Off 15 Percent of Company Workforce

BuzzFeed is laying off 15 percent of its workforce, about 215 people, sources tell The Hollywood Reporter. The cuts are expected to take effect next week.