Shareholders Urge BuzzFeed to Dump News and Focus on Viral Content
Posted on 03/23/2022
New York-based website BuzzFeed Inc. is now a public company and is accountable to its public shareholders. This means profits matter. BuzzFeed is known for its viral content, but has tried to build a news organization in a bid to diversify and gain credibility. The news operation at BuzzFeed has staff of around 100 and…