How Buzzfeed News Went Bust

The media bet its future on Facebook. Did it learn from that mistake? Photo-Illustration: Intelligencer; Photo: Getty Images Photo-Illustration: Intelligencer; Photo: Getty Images BuzzFeed, the archetypal new media company of the 2010s, announced last week that it was shutting down its news division. In 2012, the small “web buzz” start-up started hiring reporters. The newsroom…

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Leaked Audio: BuzzFeed Executives Talk Diversity and Layoffs at Recent All-Hands Meeting 

Photo: Jonathan Leibson (Getty) Last week, BuzzFeed shuttered most of its podcasts, which included See Something Say Something, The News, and Reporting to You. In a memo to staff written after the company learned of a forthcoming Wall Street Journal article about the decision, BuzzFeed’s VP of news, Shani O. Hilton, said that podcasts would…

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Univision Offers Buyouts to Gizmodo Media Employees – Bloomberg

Univision Holdings Inc. has been offering buyouts to employees at Gizmodo Media Group, according to a person familiar with the matter, marking the latest case of a digital-media upstart tightening its belt. The former Gawker Media websites, which include the sports outlet Deadspin and the woman-focused site Jezebel, began offering employees buyout packages last week,…

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