Buzzfeed UK reported a pre-tax loss of £3.3m last year despite more than doubling its turnover to £20.5m on the previous year, new financial figures show.
Buzzfeed UK reported a pre-tax loss of £3.3m last year despite more than doubling its turnover to £20.5m on the previous year, new financial figures show.
Online news network figures raise questions about very high valuations put on new media groups
For a long time, we’ve been creating too much content, so much so that I think that we’ve already reached Peak Content, the point at which this glut of things to read, watch and listen to becomes completely unsustainable. There hasn’t been enough ad revenue to sustain it for years and, with 2015 ending with a rush of acquisitions, consolidations and funding rounds with eye-watering valuations, 2016 will mark the beginning of a shake out.
Apple prepares to launch the new Apple News app, the technology giant is signing up publishing partners at a rapid clip. That reflects its central role in the media landscape and the growing importance of platforms to publishers in search of scale
Apple and Facebook have announced news services that could potentially create an important revenue stream for publishers, broaden their readership and — eventually — offer them a direct path to paying subscribers
Millennials could not be more different to the baby boomers who built the current media industry during 50 years of revenue boom – before the web pushed the walls down.
There has been a sea change in the way content today is being created, distributed and consumed. The distinction between publishers and platforms online has never been more uncertain
The trouble is that newspaper and magazine companies are invariably dominated by print people, profits and philosophies. But digital media increasingly needs different (and, yes, younger) people with new skills working in different ways, often with an unruly approach to experimentation and investment
The trouble is that newspaper and magazine companies are invariably dominated by print people, profits and philosophies. But digital media increasingly needs different (and, yes, younger) people with new skills working in different ways, often with an unruly approach to experimentation and investment
Everyone knows that BuzzFeed does lists and quizzes and videos you like to click on and share. Some people know that BuzzFeed also does reporting from far-flung places, and some delicate, thoughtful features. But not many people know that BuzzFeed also does business reporting.
f the increase in programmatic trading leads to standard ad formats becoming “too commoditised” there’s a risk publishers will ditch them in favour of more content-led advertising, according to Dennis Publishing’s head of digital sales Gary Rayneau, in an interview with The Drum
BuzzFeed, the news and entertainment website that has surged to success on the back of social media sharing, is getting a $50m shot in the arm from an Andreessen Horowitz investment that reportedly values the company at $850m.
Just as mobile was something the publishing industry once talked about before realising it had already happened, online video is quickly turning out to be the same.
So said BuzzFeed editor in chief. They’re (23 year olds he works with) more interested in this moment of crazy opportunity, with the massive economic and cultural transformation driven by Silicon Valley. And kids feel capable of seizing it. Technology isn’t a section in the newspaper any more. It’s the culture.” For Roy Greenslades full […]
So said BuzzFeed editor in chief. They’re (23 year olds he works with) more interested in this moment of crazy opportunity, with the massive economic and cultural transformation driven by Silicon Valley. And kids feel capable of seizing it. Technology isn’t a section in the newspaper any more. It’s the culture.” For Roy Greenslades full […]
The Daily Mail’s website, Mail Online, has taken on former Buzzfeed president and chief operating officer Jon Steinberg
2013 has been the year of BuzzFeed
According to the Guardian, Social sharing news and entertainment site Buzzfeed attracted more than 10 million UK users in November, the first time it has provided official figures on its progress since launching a London office earlier year
We should not be side-tracked by the one-dimensional debate about whether newspapers will survive or not
Two youth-oriented media brands, Vice Media and BuzzFeed, are fast becoming challengers to the traditional news industry