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Spicy YouTube show "Hot Ones" sold by BuzzFeed after $82.5 million deal announcement
1 week, 2 days ago

Spicy YouTube show "Hot Ones" sold by BuzzFeed after $82.5 million deal announcement

Salon  

It's the end of an era. BuzzFeed is selling First We Feast, which is the studio that owns "Hot Ones," the incredibly popular celebrity talk show featuring increasingly scorching levels of chicken wings and an assortment of increasingly exceptionally spicy hot sauces. As Todd Spangler with Variety notes, BuzzFeed has sold First We Feast for $82.5 million to a "consortium …

Hot Ones Evans Hot Ones Buzzfeed We Feast First We Feast
BuzzFeed sells brand behind ‘Hot Ones’ to investor group for $82.5 million
1 week, 6 days ago

BuzzFeed sells brand behind ‘Hot Ones’ to investor group for $82.5 million

LA Times  

“Hot Ones” creator and host Sean Evans, shown in 2017, will assume the newly created title of chief creative officer when BuzzFeed completes the sale of First We Feast, the food-centered brand behind the popular YouTube interview show, to an investors group. BuzzFeed has sold First We Feast, the food-centered brand behind the popular YouTube interview show “Hot Ones,” to …

Media Hot Company Million Youtube Ones Evans
Vivek Ramaswamy, Far-Right Politician And Investor, Buys 7.7% Stake In BuzzFeed
7 months ago

Vivek Ramaswamy, Far-Right Politician And Investor, Buys 7.7% Stake In BuzzFeed

Huff Post  

LOADING ERROR LOADING Vivek Ramaswamy, who unsuccessfully mounted a bid for the Republican presidential nomination, has purchased a 7.7% stake in BuzzFeed, a regulatory filing revealed Tuesday. As a Republican candidate for office, Ramaswamy was a hard-right nationalist, criticizing cancel culture — or “cultural totalitarianism,” as he called it — and saying “new secular religions like COVID-ism, climate-ism and gender …

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BuzzFeed to reduce staff by 16% in major cost-cutting move
10 months ago

BuzzFeed to reduce staff by 16% in major cost-cutting move

LA Times  

BuzzFeed on Wednesday said it is reducing its workforce by 16% in a significant move to cut costs. In a memo to employees, BuzzFeed Chief Executive Jonah Peretti said that roles in the company’s business and administrative teams would be affected by the reduction, while groups such as HuffPost, Tech, BuzzFeed Studios, Tasty and First We Feast would not see …

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Cinema is back? What the $70-million ‘F9’ box office means and what it doesn’t
3 years, 5 months ago

Cinema is back? What the $70-million ‘F9’ box office means and what it doesn’t

LA Times  

This is the June 29, 2021, edition of The Wide Shot, a weekly newsletter about everything happening in the business of entertainment. It didn’t take long for Vin Diesel to declare that “cinema is back” after “F9: The Fast Saga” grossed $70 million at the domestic box office in its opening weekend. The next major test will be Marvel’s “Black …

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BuzzFeed plans to become a publicly traded company via $1.5 billion SPAC merger
3 years, 5 months ago

BuzzFeed plans to become a publicly traded company via $1.5 billion SPAC merger

Firstpost  

BuzzFeed hopes the move will put it in a better position to capture lucrative digital ad dollars against much bigger rivals like Google, Facebook and Amazon. It plans to become a publicly traded company with an implied value of $1.5 billion through a merger with a special purpose acquisition company. In a statement, Peretti said the acquisition of Complex would …

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