Buzzfeed

Buzzfeed, Inc. is an independent digital media company, which engages in engagement, distribution, and leveraging data. Its cross-platform network includes BuzzFeed Originals, which creates articles, lists, quizzes, and videos, BuzzFeed Media Brands, which consists of a portfolio of identity-driven lifestyle brands including Nifty, Goodful, As/Is, and Tasty, a social food network, BuzzFeed Studios, which produces original content across broadcast, cable, SVOD, film and digital platforms, and BuzzFeed News and HuffPost, which include reporting and investigative journalism, and BuzzFeed Commerce, which develops products and experiences, as well as licensing and other strategic partnerships. The company was founded by Jonah Peretti and John Johnson in November 2006 and is headquartered in New York, NY.

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Buzzfeed faces revenue decline in Q1 but eyes programmatic growth

Buzzfeed's Q1 2024 earnings call emphasized a mixed performance with a focus on AI-led media, direct traffic growth, and revenue stabilization efforts. The company is addressing challenges in advertising and commerce revenues while eyeing opportunities in programmatic advertising growth and cost savings from restructuring.

Buzzfeed reports Q2 growth, focuses on audience engagement and profitability

Buzzfeed's Q2 performance showcased revenue growth, improved EBITDA, and a strategic shift towards deeper audience engagement on owned platforms.
While facing challenges in debt management and cost optimization, the company aims to stabilize its business, return to growth, and enhance profitability.
Opportunities lie in continued innovation, audience loyalty, and cash balance stability, positioning Buzzfeed for sustainable growth and value creation.

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The last decade was a boom period for technology startups, with some analysts comparing it with the dot com bubble. Buoyed by low-interest rates, venture capital firms invested in thousands of companies.

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BuzzFeed (NASDAQ: BZFD) has had a dramatic collapse from a disruptor in the media space to a company on the verge of collapse. Its stock has crashed from an all-time high of $14.78 in December 2021 to $0.30.

BuzzFeed stock: The sad transition from a unicorn to a penny stock

NEW YORK--(BUSINESS WIRE)--BuzzFeed Studios And Acast Launch New Podcast, “Am I Doing It Wrong?” Presented By HuffPost.

BuzzFeed Studios And Acast Launch New Podcast, “Am I Doing It Wrong?” Presented By HuffPost

BuzzFeed, Inc. (NASDAQ:BZFD ) Q2 2023 Results Conference Call August 8, 2023 5:00 PM ET Company Participants Amita Tomkoria - SVP of IR Jonah Peretti - Founder, Chairman & CEO Marcela Martin - President Felicia DellaFortuna - CFO Operator Good day, ladies and gentlemen. Thank you for standing by.

BuzzFeed, Inc. (BZFD) Q2 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (“BuzzFeed” or the “Company”) (Nasdaq: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, today announced financial results for the second quarter ended June 30, 2023. “The strategic and organizational changes we discussed at our Investor Day in May have been fully executed, putting our rich library of IP and scaled, owned-and-operated properties at the center of our o.

BuzzFeed, Inc. Announces Second Quarter 2023 Financial Results

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BuzzFeed is reportedly looking to sell Complex Networks for 50 cents on the dollar. The digital media organization purchased the group of websites for $300 million two years ago and is now looking to sell them for $150 million, Seeking Alpha reported Wednesday (July 5), citing The Information.

Report: BuzzFeed Looking to Sell Complex Networks Websites for $150 Million

BuzzFeed is now valued at $70.76 million, a far cry from its $1.7 billion valuation in 2015 and 2016. BZFD is laying off staff and shutting down its news unit in an attempt to turn its fortunes around.

BuzzFeed: I Bought A Speculative Position

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (NASDAQ: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, will release its second quarter 2023 financial results on Tuesday, August 8, 2023, after the market closes. BuzzFeed, Inc. Founder and CEO Jonah Peretti, President Marcela Martin and CFO Felicia DellaFortuna will host a conference call to discuss the results at 5:00 PM ET. The financial results conference call.

BuzzFeed, Inc. to Release Second Quarter 2023 Financial Results on Tuesday, August 8, 2023

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SYDNEY--(BUSINESS WIRE)--Val Morgan Digital now reaches 4.8 million Australians each month, after signing a strategic partnership that includes a multi-year content licensing partnership to represent BuzzFeed, Tasty and BringMe in the Australian and New Zealand market. The addition of BuzzFeed and Tasty will see Val Morgan Digital reach over 4.8 million total audience speaking to 14-39 year olds – making it the 3rd largest online media publisher in the country, according to IPSOS Iris data, rea.

Val Morgan Digital Sign Multi-Year Strategic Partnership to Represent BuzzFeed, Inc. in Australia & NZ

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BuzzFeed could get kicked off the Nasdaq because its stock price is so low. The digital media company has until November 27 to raise its price or face delisting.

BuzzFeed is at risk of getting kicked off the Nasdaq because its stock has been performing so badly

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, today announced the launch of a new online storefront for BuzzFeed's wellness brand Goodful. The commerce initiative unveiled a premium online shopping experience with curated products by BuzzFeed & Goodful tastemakers, on a new white label site powered by Verishop. With Verishop's assortment of independen.

BuzzFeed Launches “Goodful” Storefront Powered by Verishop; Taps Exclusive Creator Network to Drive E-Commerce and Lifestyle Content

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, today announced the launch of “Botatouille,” the first AI-powered culinary companion designed by Tasty to revolutionize the cooking, meal prep and shopping experience for Tasty's global community. In the Tasty app, users can have a real-time conversation with “Botatouille,” a chatbot, by asking cooking questio.

BuzzFeed's Tasty Introduces “Botatouille” The First-of-Its-Kind AI-powered Culinary Companion

Jonah Peretti, the company's chief executive, has embraced artificial intelligence more than most publishers. His latest offering: Botatouille, an A.I.

BuzzFeed's Botatouille Chatbot Puts A.I. Twist on Food Advice

Their young audience made them the envy of the media's old guard. But, ultimately, they couldn't convert this into profit

Vice and BuzzFeed were meant to be the future of news. What happened?

Buzzfeed (NASDAQ: BZFD) stock price is hovering near the lowest level on record as concerns about the digital media industry rose. The shares were trading at $0.5400, which is about 98% below its all-time high.

Buzzfeed stock price forecast as Vice Media files for bankruptcy

BuzzFeed Inc. (NASDAQ:BZFD ) Q1 2023 Results Conference Call May 9, 2023 5:00 PM ET Company Participants Amita Tomkoria - SVP of IR Jonah Peretti - Founder, Chairman & CEO Marcela Martin - President Felicia DellaFortuna - CFO Operator Good afternoon, and welcome to the BuzzFeed, Inc. First Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

BuzzFeed Inc. (BZFD) Q1 2023 Earnings Call Transcript

Buzzfeed Inc. BZFD, -3.10% shares popped in the extended session Thursday after the digital media company forecast adjusted metrics for the year and said it was using more AI in its content. Buzzfeed shares rallied more than 7% after hours, following a 3.1% decline to close the regular session at 54 cents a share.

Buzzfeed stock jumps 7% following forecast, AI blueprint announcement

NEW YORK & LOS ANGELES--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD) today hosted a virtual Investor Day featuring CEO Jonah Peretti, President Marcela Martin, CFO Felicia DellaFortuna, and other company leaders presenting their plans to transform the company and lead the digital media industry into the future. “We have reached another inflection point on the internet. We are here today to share the strategic and organizational changes we have made to transform our business and lead the digit.

BuzzFeed, Inc. Hosts Investor Day, Outlines Strategic Vision for the Future of Digital Media

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (“BuzzFeed” or the “Company”) (Nasdaq: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, today announced financial results for the first quarter ended March 31, 2023. “We have reached an inflection point in digital media. Over the last few months, we have made significant strategic and organizational changes to position the business for long-term growth. Adaptation is.

BuzzFeed, Inc. Announces First Quarter 2023 Financial Results

Ben Smith was BuzzFeed's editor-in-chief when it was at its peak. He explains how the groundbreaking site and its rivals changed the media – and sowed the seeds for their own demise

How the rivalry between Gawker and BuzzFeed drove a social media boom – and bust

Era of lofty valuations for upstart youth media appears to be over, with Vice ‘heading for bankruptcy' and BuzzFeed News shutting down

‘Like Icarus – now everyone is burnt': how Vice and BuzzFeed fell to earth

With the closure of BuzzFeed News and bankruptcy looming at Vice, the once promising world of free digital media finds itself at a crossroads, seeing ad revenues dry up at the same time as disappointed investors begin walking away.

News for Buzzfeed Stock (BZFD)