The Independent Takes Control of BuzzFeed UK and HuffPost UK [BNN Bloomberg (Canada)]
BuzzFeed, Inc. - Class A (BZFD)
Company Research
Source: BNN Bloomberg
news business Independent Digital News & Media Ltd. in a long-term licensing agreement. The Independent will gain BuzzFeed UK's website, commercial and editorial staff and back-end technology. The deal also includes the UK and Irish arms of BuzzFeed-owned operations HuffPost, food network Tasty, and Seasoned, a vertical targeted at Black audiences. The two parties didn't share the length or financial terms of the deal. Some 30 people will join the Independent from BuzzFeed, a spokesperson for the Independent said. The person said no one had been laid off as part of the deal, but declined to comment on the likelihood of future job cuts. The deal marks an unceremonious end to BuzzFeed's decade in the country. Founded in 2006, it was launched in the UK seven years later, hiring award-winning journalists from British newspapers. BuzzFeed has struggled in recent years with cutbacks in internet advertising. The firm's share price has declined 56% over the last 12 months, but has cla
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BZFD
News
- BuzzFeed, Inc. to Release First Quarter 2024 Financial Results on Monday, May 13, 2024 [Yahoo! Finance]Yahoo! Finance
- BuzzFeed, Inc. to Release First Quarter 2024 Financial Results on Monday, May 13, 2024Business Wire
- My Best Current Micro-Cap Idea: BuzzFeed, Inc. [Seeking Alpha]Seeking Alpha
- The Independent and BuzzFeed Sign Long-Term License and Strategic Partnership in UK & Ireland [Yahoo! Finance]Yahoo! Finance
- The Independent and BuzzFeed Sign Long-Term License and Strategic Partnership in UK & IrelandBusiness Wire
BZFD
Earnings
- 8/8/23 - Miss
BZFD
Sec Filings
- 4/26/24 - Form 8-K
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- BZFD's page on the SEC website