5 results

Jonah Peretti, the BuzzFeed founder, at offices in New York, in 2014. Photograph: Chang W Lee/The New York Times

BuzzFeed Inc, the digital-media outlet, has struck a deal to go public through a merger with blank-cheque company 890 5th Avenue Partners Inc. The de(...)

Maximum Media chief executive Katie Molony and broadcast director Paddy McKenna: the company’s revenues increased 65 per cent to €4.3 million in the year ending April 2016

The family of websites is to drop the “ie” suffix from its brands as owner Maximum Media repositions itself as a broadcast company. Maximum, (...)

Buzzfeed  has halved its internal revenue target for 2016 from $500 million to $250 million after it missed its 2015 revenue target. Photograph:  Tomohiro Ohsumi/Bloomberg

BuzzFeed missed its revenue target for 2015 and has slashed its internal projections for 2016 by about half, raising questions about whether the onlin(...)

Snoop Dogg is one of a number of investors who have joined the $50m funding round for Reddit

Hip-hop star Snoop Dogg, Silicon Valley investor Marc Andreessen and the Oscar-winning actor Jared Leto have joined a $50m funding round for Reddit, t(...)

BuzzFeed founder and chief executive Jonah Peretti: “Over the last decade traditional media has been upended by technology.” Photograph: Chang W. Lee/The New York Times

BuzzFeed, the news and entertainment website that has surged to success on the back of social media sharing, is getting a $50 million shot in the arm (...)