BuzzFeed Is Shedding Assets. Now It Should Go Private, Experts Say
Adweek
DECEMBER 12, 2024
The digital media company BuzzFeed successfully sold its food property, First We Feast, to a consortium of investors Thursday morning for $82.5 million, effectively solving the short-term financial crunch that it had been facing. But the spin-off still leaves BuzzFeed facing an uncertain future. The divestiture specifically casts a spotlight on HuffPost--the last acquired asset.
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