One man, one mogul, just proved old Hollywood models are dead. Leaner production, time slot buys, and sheer size are the things that still print money. All of these combine at the end of May. Become a VIP member to read the rest of this article! Already a member? Login below. Username Password Remember Me […]

The post After Buying Stephen Colbert’s Timeslot, Byron Allen Names Himself CEO of…

TV and media entrepreneur Byron Allen is acquiring a majority stake in BuzzFeed — investing $120 million in the 20-year-old digital media company — and will become CEO. Allen plans to expand BuzzFeed and HuffPost into “free-streaming video, audio and user-generated content.” BuzzFeed on Monday announced that it entered into a transaction agreement with Allen […]

Imaginez une entreprise emblématique des années 2010, célèbre pour ses quizzes viraux et ses listicles qui ont conquis des millions d’internautes, se retrouvant aujourd’hui confrontée à des défis financiers majeurs. Alors qu’elle annonce un doute substantiel sur sa capacité à poursuivre ses activités, elle mise tout sur l’intelligence artificielle pour se réinventer. C’est précisément le […]

The…

BuzzFeed is a website famous for its happy clickbait, listicles and quizzes. It even used to have a top-quality news section, BuzzFeed News! And it’s about to go broke. What happened? AI happened. In December 2022, BuzzFeed CEO and founder Jonah Peretti saw the newly-released ChatGPT — and it one-shotted him: [CNN, archive] Peretti told […]