Bye Bye Buzzfeed News
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https://variety.com/2023/digital/news/buzzfeed-news-shutting-down-layoffs-1235589751/
BuzzFeed is shutting down BuzzFeed News because it is not able to turn a profit, according to a memo CEO Jonah Peretti sent to company staff Thursday. The digital publisher is laying off 15% of its employees, or about 180 people, across BuzzFeed News and other divisions.
Going forward, BuzzFeed will concentrate its news efforts in a single profitable news organization — HuffPost, which it acquired from Verizon in 2020, per Peretti’s memo. The company’s flagship BuzzFeed.com site will remain in place.
“While layoffs are occurring across nearly every division, we’ve determined that the company can no longer continue to fund BuzzFeed News as a standalone organization,” Peretti wrote.
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I am not reading anytihng that is that much different from what is already exist. Obviously, what they have now does not work, but I dont think he gives anything that is really different from what is out there. (But, i dont have any better suggestions. 555)
...creator led audio and video
Why would people switch or why would this be better than Youtube, Tik Tok, Reels, etc?
